Tenstorrent, A Canadian AI Computing Firm, And LG Collaborate To Develop Chips

Tenstorrent, a Canadian AI computer design business, announced on Tuesday that it had joined up with LG Electronics Inc., a South Korean consumer electronics company, to develop chips for data centres, smart TVs, and other goods.

According to CEO Jim Keller, Tenstorrent was founded in 2016 and produces hardware and software for computers that train and run artificial intelligence models. Engineer Keller is most recognised for his innovative chip design work at Apple Inc., Tesla Inc., and chip manufacturer Advanced Micro Devices Inc.

In 2023, Keller, a pioneering investor in Tenstorrent, assumed leadership. The business, which PitchBook estimates to be worth $1 billion, has not previously disclosed any of its clients.

According to David Bennett, chief customer officer at Tenstorrent, LG will first use Tenstorrent’s AI chip blueprint to create its own chips, but the cooperation is more strategic.

“We’re also looking at some of the technology that LG has created. Could it not be something we employ in our own products or perhaps with potential clients in the future?

A processor chip made by Tenstorrent also uses RISC-V, a very recent open standard semiconductor architecture that competes with Arm Ltd. Since they will need to work closely together to manage the rapidly evolving AI models, Keller said his team is creating both the AI chip and processor, in contrast to many chip startups that concentrate on only one type of chip.

“We must aim for the entire thing. Early in the morning. Regarding the current state of AI and AI hardware, Keller noted, “It was developed on the components that were accessible.

“People have learned so much about how this works and made significant progress during the past five years. But it doesn’t seem like we’ve arrived at “this is the proper course of action, the best course of action, or the end of the matter.”