Samsung to Produce Chips with AI Chip Company Tenstorrent
On Monday, Samsung’s contract chip manufacturing division announced that it has secured a new client for its artificial intelligence chip services. The client in question is a Canadian startup named Tenstorrent.
Tenstorrent is one of many startups looking to challenge Nvidia, which dominates the market for artificial intelligence chips. The company manufactures chips and intellectual property for data centers, but also works for other markets, such as the automotive industry.
As part of the deal, Tenstorrent plans to use one of Samsung’s advanced manufacturing processes, known as 4nm, to manufacture the chips. Samsung’s Tenstorrent product is a chip, and it’s designed to sit alongside other chips in a single package.
Neither company disclosed the value of the deal or the amount of chips to be manufactured.
Some of Tenstorrent’s chips are built on RISC-V technology, an open-source semiconductor architecture that competes with Arm and x86 used by Intel and Advanced Micron Devices.
The chip manufactured by Samsung is called Quasar and is not based on RISC-V technology.
“Tenstorrent’s focus is on developing high-performance computing and delivering these solutions to customers around the world,” Tenstorrent CEO Jim Keller said in a statement.
The chip deal follows Samsung’s investment in Tenstorrent in August as part of a $100 million capital raise that included Hyundai Motor Co and others.
Prior to the August funding round, Tenstorrent had raised $234.5 million and was valued at $1 billion.
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