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Fidelity Management led a $200m funding round in Tenstorrent.

Synopsis

Fidelity Management, an American multinational financial services corporation, led a $200m funding round in Tenstorrent, a Toronto-based artificial intelligence and machine learning technology company. Additional investors include Eclipse Ventures, Epic CG and Moore Capital. “We are bringing to market a highly programmable chip at an accessible price point as a means of driving innovation. AI is going to transform the data-center and Tenstorrent’s architecture is best positioned to address this data-written future by being a developer focused solution," Jim Keller, Tenstorrent CTO.

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