Bezos and Samsung bet 700 million on startup that wants to beat Nvidia

In the field of artificial intelligence, there is an increasingly intense competition for dominance in the field of high-performance chips. One of the new players trying to capture a slice of this lucrative market is startup Tenstorrent. This Canadian startup, which aims to compete with Nvidia, has received a significant investment of $700 million. Amazon founder Jeff Bezos, South Korean firm Samsung and other large companies are among the investors. Tenstorrent is focused on developing chips that would offer a more efficient and affordable alternative to the technologies that dominate the AI market.

Tenstorrent, a startup focused on developing chips for artificial intelligence, can rejoice in a new $700 million investment led by South Korea's AFW Partners and Samsung Securities. The move has led to a valuation of the startup at $2.6 billion. Jeff Bezos, founder of Amazon, joined the investment through his firm Bezos Expeditions, backing the team around well-known engineer Jim Keller.…