AI chip startup Tenspresso is negotiating a new round of financing: valuation may reach 500 million USD

According to Bloomberg, Tenspresso, an AI chip startup founded by former Google AI chip engineers and established just three months ago, is in talks for a new round of financing, with a valuation potentially reaching $500 million, according to sources.

A few weeks ago, the company secured $20 million in investment from Striker Venture Partners and completed several key talent recruitments. Since then, Altimeter Capital Management has proactively approached the company to discuss additional investment. The specific amount and terms of the financing have not yet been disclosed, and it is still uncertain whether the deal will be finalized.