Tether backs Tenstorrent funding as local AI costs remain high

Community Trust Score Verified 89 % Real Verified 47 votes Updated 1 minute ago Tether entered into Tenstorrent’s $1.5 billion Series E funding round on October 20, a move that extends its strategic push into the realm of AI hardware infrastructure, though the firm did not disclose the specific size of its stake. This participation follows an announcement made by Tenstorrent on October 19, which confirmed that the funding round had closed at a post-money valuation of $6.2 billion.

Source: The Currency Analytics