Tenstorrent, a next-generation computing company specializing in AI systems, has successfully raised over $693 million in Series D funding, achieving a pre-money valuation of $2 billion. The funding round was led by Samsung Securities and AFW Partners, with notable investors including Jackson Rose, Bezos Expeditions, LG Electronics, Hyundai Motor Group, Fidelity Management, Healthcare of Ontario Pension Plan, and Baillie Gifford. The capital will be used to develop open-source AI software stacks, expand global design centers, and enhance systems for AI developers. CEO Jim Keller emphasized their commitment to empowering developers with essential tools.