Tenstorrent is announcing that it has closed over $693M in its Series D funding round at a pre-money valuation of $2B. Samsung Securities and AFW Partners led the round, which was oversubscribed due to strong demand from investors.

Tenstorrent said it closed over $693M in its Series D funding round at a pre-money valuation of $2B. Samsung Securities and AFW Partners led the oversubscribed round. In addition to the leads, other investors joined the round including XTX Markets,

Tenstorrent, an artificial intelligence (AI) chip-making startup, has secured more than $693m in its Series D funding round to bolster AI expansion. Samsung Securities and AFW Partners led the oversubscribed funding round,