
Tenstorrent announces funding for AI server expansion
Tenstorrent announced $1.5 billion in funding at a $6.2 billion post-money valuation. It plans to deploy Galaxy servers and develop chip technology.
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View all news →External reporting reviewed Oct 20, 2026 · 4:06 pm EDT

Tenstorrent announced $1.5 billion in funding at a $6.2 billion post-money valuation. It plans to deploy Galaxy servers and develop chip technology.

Amazon said TorchNeuron runs PyTorch code on Trainium chips with a configuration change. The company scheduled an open-source release for October 20.

The Dow was 0.9% higher with an hour of Tuesday trading remaining. Company earnings and lower oil prices helped lift U.S. indexes.

Kyle’s October 12 edition examines Cerebras, inference computing and the company developments behind his research.

Mastercard announced a service designed to assess fraud and sanctions risks before stablecoin payments. Initial partners include Borderless.xyz and Keyrails.

Kyle’s October 11 edition discusses Starship Flight 15 and Morgan Stanley analyst Adam Jonas’s commentary on SpaceX reusability.