Tether Investments joins Tenstorrent's $1.5B Series E round
- —Tenstorrent raised $1.5B in Series E at a $6.2B post-money valuation
- —Trace Capital and Innovation X led; Ark Invest, Fidelity and Morgan Stanley joined
- —Proceeds to fund Galaxy server deployments and LLM/open-weight model support
- —Tether Investments expands beyond crypto assets into AI infrastructure
Why it matters: The largest stablecoin issuer is diversifying into AI infrastructure, tightening the link between crypto capital and the chip market.
Source: Bloomingbit