Samsung and Hyundai participated, and Tenstorrent led by chip god Jim Keller successfully raised 100 million US dollars.

Thanks to CTOnews.com netizen OC_Formula for the clue delivery! CTOnews.com, August 5 (Xinhua)-- Tenstorrent recently completed a new round of $100 million in financing involving Hyundai Motor Group and Samsung's venture capital firm Samsung Catalyst Fund.

In addition to the strength of the company, the more important factor why Tenstorrent was able to get a huge investment from the two companies was Jim Keller, a great figure in the semiconductor industry known as the "Silicon Fairy".

Tenstorrent will not be known until 2021, but Keller announced that he would join the company as chief technology officer and president. Keller became CEO of the company in January 2023 and joined the company's board of directors.

CTOnews.com Note: Jim Keller has a rich resume, starting with DEC, working on the design of Alpha processors, and then working at AMD for two years to launch K7 and K8.

After that, Keller served as Chief architect at SiByte / Broadcom for four years, designing MIPS for network interfaces, working at PA Semi for four years and working at Apple for four years, focusing on the design of A4 and A5.

Then he returned to AMD for two years as vice president and chief core architect of the company, responsible for the next-generation CPU architecture K12 and Zen.

Subsequently, Tesla served as vice president of autopilot hardware engineering for two years and created a fully autopilot chip.

According to Tenstorrent, members of the company's startup team have more than a decade of industry experience, including working for chip companies such as AMD, Intel, ARM, Altera, and so on.

This is Tenstorrent's seventh round of financing, the key difference is that the previous financing is working with venture capitalists, but this time it is working directly with technology companies.

Tenstorrent can offer interesting and unique services to partners: the company not only produces its own high-performance chips, but also licenses technology solutions.

Jennifer Crow, vice president of operations at Tenstorrent, said Hyundai had planned to invest $10 million (CTOnews.com Note: currently about 71.8 million yuan), but increased the investment to $50 million after Tenstorrent engineers solved the technical problem.