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AI-to-silicon startup Taalas raises $50m in two rounds

Toronto-based Taalas has secured funding to develop a platform for turning AI models into custom silicon.

Ljubisa-bajic , Nvidia ,

Reflecting on inclusion in #CDNtech

Plus: The new venture studio backed by Shopify, Wealthsimple, Knix execs.

Vancouver , British-columbia , Canada , Canadian , Canadians , Lise-birikundavyi , Ljubisa-bajic , Drago-ignjatovic , Pierre-lamond , Bianca-bharti , Peter-cowan , Lejla-bajic

New Electronics - Taalas emerges from stealth with funding and 'groundbreaking' silicon AI technology

Taalas, an innovator in AI and silicon, has exited stealth mode and announced that it has raised $50 million dollars over two rounds of funding led by Pierre Lamond and Quiet Capital.

Drago-ignjatovic , Lejla-bajic , Matt-humphrey , Ljubisa-bajic , Nvidia , Quiet-capital ,

AI chip startup Tenstorrent lands $100M investment from Hyundai and Samsung

Case in point, Tenstorrent, the AI hardware startup helmed by engineering luminary Jim Keller, this week announced that it raised $100 million in a convertible note funding round co-led by Hyundai Motor Group and Samsung Catalyst Fund. Indeed, $50 million of the total came from Hyundai's two car-making units, Hyundai Motor ($30 million) and Kia ($20 million), which plan to partner with Tenstorrent to jointly develop chips, specifically CPUs and AI co-processors, for future mobility vehicles and robots. Samsung Catalyst and other VC funds, including Fidelity Ventures, Eclipse Ventures, Epiq Capital and Maverick Capital, contributed the remaining $50 million.

Bodhi , Haryana , India , Toronto , Ontario , Canada , Tokyo , Japan , Ljubisa-bajic , Ivan-hamer , Milos-trajkovic , Microsoft

AI chip startup Tenstorrent lands $100M investment from Hyundai and Samsung

Tenstorrent, and AI chip startup helmed by hardware pioneer Jim Keller, has raised $100 million in a round led by Hyundai and Samsung.

Toronto , Ontario , Canada , India , Bodhi , Haryana , Tokyo , Japan , Milos-trajkovic , Ivan-hamer , Jim-keller , Ljubisa-bajic

Samsung, Hyundai back AI startup Tenstorrent: Everyone wants competition to Nvidia, says CEO Keller

Nvidia's GPUs are not the end-game for AI, says Keller. 'When the aliens land, I don't think they'll be asking us did we invent CUDA.'

Boston , Massachusetts , United-states , Marco-chisari , Ljubisa-bajic , Jim-keller , Jensen-huang , David-patterson , Nvidia , Hyundai-motor-group , Digital-equipment-corp , Hyundai

Samsung, Hyundai, Kia back AI chip manufacturer Tenstorrent in $100-million USD round

Tenstorrent, which builds computers meant to train and run AI models, has closed a $100-million funding round as it looks to advance product development in a time of accelerated AI adoption.

United-states , Toronto , Ontario , Canada , American , Ljubisa-bajic , Jim-keller , Hyundai , Hyundai-motor-group , Samsung , Intel , Samsung-catalyst-fund

Changes at Tenstorrent as Bajic Steps Down, Koduri Joins

Changes at Tenstorrent as Bajic Steps Down, Koduri Joins
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Bengaluru , Karnataka , India , Canada , Bodhi , Haryana , United-states , American , Sambit-sahu , Ljubisa-bajic , Ljubisa-bajicf , Jim-keller

Raja Koduri joins Tenstorrent's Board of Directors; CTO Ljubisa Bajic scales back his role

/PRNewswire/ -- Tenstorrent, a leading A.I. and RISC-V semiconductor company, is pleased to announce that Raja M. Koduri, the former Executive Vice President...

Bangalore , Karnataka , India , Belgrade , Serbia-general- , Toronto , Ontario , Canada , Texas , United-states , Tokyo

Raja Koduri Reunites with Jim Keller via Tenstorrent Board of Directors

Raja Koduri joins Jim Keller and Ljubisa Bajic at Tenstorrent.

Raja-koduri , Ljubisa-bajic , Jim-keller , Nvidia , Intel ,