Pre IPO News

External reporting reviewed Oct 20, 2026 · 4:06 pm EDT

Innovation
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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.

Tenstorrent company releaseRead source
Big Tech
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Amazon outlines PyTorch software for Trainium chips

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

Amazon company articleRead source
Market-moving News
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U.S. indexes gain in late Tuesday trading

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

The Associated PressRead source
Crypto News
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Mastercard announces risk screening for stablecoin payments

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

Mastercard company releaseRead source