Tenstorrent, a Canadian startup, is the new artificial intelligence chip client that Samsung’s contract chip manufacturing division has taken on, the firm announced on Monday.
Tenstorrent is one of the businesses attempting to compete with Nvidia, the industry leader in AI chips. The company works on providing other areas including automobiles, but it also makes semiconductors and intellectual property for data centers.
Tenstorrent has agreed to create the chips using one of Samsung’s cutting-edge manufacturing techniques, or 4nm, as part of the agreement. Samsung makes a chiplet called Tenstorrent, which is intended to be used with other chiplets in a single packaging.
The deal’s value and the amount of chips that will be produced were not disclosed by either business.
A portion of Tenstorrent’s chips are constructed using RISC-V technology, an open-source semiconductor architecture that rivals Arm and x86, the platforms used by Advanced Micro Devices and Intel.
Samsung is going to produce a processor called Quasar, which isn’t based on RISC-V.
Tenstorrent CEO Jim Keller stated in a statement, “Tenstorrent’s focus is on developing high performance compute and delivering these solutions to customers around the world.”
The chip transaction comes after Samsung invested in Tenstorrent in August as a part of a capital raising of $100 million that also involved Hyundai Motor Co. and other investors.
Tenstorrent had raised $234.5 million and was valued at $1 billion before the August fundraising round.