Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › Months-Old Chip Startup Tenspresso in Talks for $500...
Technology

Months-Old Chip Startup Tenspresso in Talks for $500 Million Valuation

Bloomberg Technology Wednesday 04 November 2026, 22:30 UTC By Natasha Mascarenhas and Dina Bass 1 min read
Key Points

EXCLUSIVE AI Months-Old Chip Startup Tenspresso in Talks for $500 Million Valuation Tenspresso, a three-month-old artificial intelligence chip startup founded by former Google AI chip engineers, is in talks for financing that would value it at $500 million, according to people familiar with the matter. Only weeks after the company raised $20 million in capital from Striker Venture Partners and made a few key hires, Altimeter Capital Management approached the startup to discuss an additional...

EXCLUSIVE AI Months-Old Chip Startup Tenspresso in Talks for $500 Million Valuation Tenspresso, a three-month-old artificial intelligence chip startup founded by former Google AI chip engineers, is in talks for financing that would value it at $500 million, according to people familiar with the matter. Only weeks after the company raised $20 million in capital from Striker Venture Partners and made a few key hires, Altimeter Capital Management approached the startup to discuss an additional investment.
Google AI (ORG) Striker Venture Partners (ORG) Altimeter Capital Management (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

The Blue Wave Has Tech Bros Scrambling for Data Centers in Space

A wave of Democratic candidates across the country—and notably in Texas, a national data center hotspot and home to Elon Musk’s SpaceX—won their state and congressional races on Tuesday, including many candidates who voiced opposition to the data center industry. The results have sent some corners of the tech industry looking to the heavens for answers. In recent hours, data center enthusiasts have proclaimed on social media that they’re still “bullish” on building data centers—just not...

Wired 41m ago

Nextdc Surges on Report of Goodman, Digital Realty Buying Stake

Nextdc Surges on Report of Goodman, Digital Realty Buying Stake Nextdc Ltd. shares jumped the most since 2010 after the Australian Financial Review reported that data-center developer peers Goodman Group and US-listed Digital Realty Trust Inc. had taken a substantial interest in the company. The shares surged as much as 39% in Sydney trading. Goodman and Digital Realty are seeking to acquire a 9.9% stake and bought shares at A$9.50 apiece, the AFR reported Wednesday after the market close.

Bloomberg Technology 46m ago

Successful People (2013)

"Successful people create companies. More successful people create countries. The most successful people create religions."

Hacker News 53m ago

Scare campaigns: Victoria’s major parties trade blows over AI-generated videos of leaders in election ads

Transparency and advertising experts say trust in politics could be further eroded as a result of ‘lies, deepfakes and AI-generated politicians’Get our daily political email, free app or daily news podcastIt’s the night of Halloween and Jess Wilson has appeared on social media feeds with a warning about a scary prospect: “Americanised healthcare” under a future Liberal government. “If you had a heart attack, you would have to pay $150,000 for care,” the Victorian Liberal leader says,...

The Guardian Tech 54m ago