Tenstorrent secured $1.5 billion in new funding, valuing the company at $6.2 billion. The investment round was led by Trace Capital and Innovation X, with participation from major investors like ARK Invest, Morgan Stanley, and Fidelity. The funds will be used to increase chip manufacturing capacity, expand global commercial operations, deploy more Galaxy servers, and advance AI and CPU intellectual property licensing. Tenstorrent's Galaxy servers support advanced AI workloads, and the company also develops RISC-V AI processors and software tools for developers and enterprises.
Tenstorrent's $1.5 billion AI chip funding round provides context for cryptocurrency market activity. For readers following digital assets, here is Pluang's market snapshot as of Oct 19, 2026 20:22 WIB: Among 50 major cryptocurrencies tradable on Pluang, 31 rose and 18 fell today. Notable movers include EGLD (MultiversX) at Rp65.046 with a 1-day change of +2.26% and Pluang order activity of 81% Sell / 19% Buy, FTM (Fantom) at Rp11.382 with a 1-day change of -2.05%, and BAT (Basic Attention Token) at Rp3.255 with a 1-day change of +2.03% and Pluang order activity of 7% Sell / 93% Buy.
Bill Gross, a serial entrepreneur behind over 175 companies, has launched Idealab.ai, a platform using AI to generate and share over 1.2 million business ideas based on real-world problems. The platform aims to lower barriers to entrepreneurship by h...
The Portnoy Law Firm has launched an investigation into Cardinal Infrastructure Group for possible securities fraud following the company's Q2 2026 financial report. Cardinal revealed a decline in its gross profit margin to 10.8%, down from 13.9% the...
AIOS Tech Inc. announced an agreement to acquire SmartCore Holdings Limited in an all-stock transaction valued at approximately $100 million. The deal will issue 33.3 million AIOS shares to SmartCore's sellers, who will hold about 80% of AIOS shares ...
XBiotech announced positive results from the Phase II TASKIN trial, where their antibody vilamakitug combined with standard chemotherapy improved 12-month overall survival to 61.3% in refractory metastatic colorectal cancer patients, surpassing the s...
Proof and Circle Internet Group demonstrated a new system where AI agents can prove the identity of the person they represent using Proof's x401 open identity protocol and pay merchants in USDC via Circle's x402 payment protocol. This innovation addr...
