Tether backs Tenstorrent’s $1.5 billion raise to widen access to AI computing
Photo: Crypto Briefing
The stablecoin issuer's investment arm joined a Series E round that values the AI chip company at $6.2 billion Tether , the company behind the world’s most widely used stablecoin, has put money into AI chip developer Tenstorrent. The stated goal is to increase access to AI computing infrastructure. The investment came through Tether Capital, the firm’s investment branch. It landed as part of a much larger financing event, and the numbers attached to that event are hard to ignore. On October 19, 2026, Tenstorrent announced it had completed a $1.5 billion Series E funding round.
Source: Crypto Briefing
