Tenstorrent raises $1.5B with Tether participating; Whop nets $200M
- —Tenstorrent raised $1.5B Series E at a $6.2B valuation
- —Trace Capital and Innovation X led; Tether participated
- —Whop raised $200M Series D at a $5.1B valuation
- —Sequoia and Shopify Ventures led Whop's round
Why it matters: Tether is expanding venture bets into AI infrastructure, though these deals are unrelated to its crypto or token business.
Source: TokenPost