Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Bezos backs Nvidia rival at $2.6-bn value
Financial Express Mumbai
|December 03, 2024
AMAZON FOUNDER JEFF Bezos joined Samsung in a $700-million bet on Tenstorrent, valuing the AI chip startup with ambitions of taking on Nvidia at about $2.6 billion.
Tenstorrent, which hopes to create a chip to try and break Nvidia's stranglehold on the AI business, raised capital in a funding round led by South Korea's AFW Partners and Samsung Securities, founder and semiconductor pioneer Jim Keller said in an interview. Bezos Expeditions joined LG Electronics and Fidelity in that financi
This story is from the December 03, 2024 edition of Financial Express Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Mumbai
Financial Express Mumbai
Rapido breaches ₹1K-cr revenue mark in FY25
BENGALURU-BASED RIDE-HAILING UNICORN Rapido posted operating revenue of ₹934 crore in FY25, a 44% increase from ₹648 crore in the previous fiscal, according to consolidated financials accessed from the Registrar of Companies.
1 min
January 21, 2026
Financial Express Mumbai
Markets log worst day in 8 months on weak earnings
INVESTOR WEALTH ERODES ALMOST ₹10 LAKH CRORE
2 mins
January 21, 2026
Financial Express Mumbai
Netflix amends Warner Bros deal to all cash
NETFLIX REACHED AN amended, all-cash agreement to buy Warner Bros. Discovery Inc’s studio and streaming business as it battles Paramount Skydance to acquire one of Hollywood’s most iconic entertainment companies.
1 mins
January 21, 2026
Financial Express Mumbai
India among top investment hubs
13% of global CEOs prefer higher investments in country: PwC survey
3 mins
January 21, 2026
Financial Express Mumbai
FM set to line up reform blitz
Tariff cuts, boost to exports, higher FDI in PSBs likely
3 mins
January 21, 2026
Financial Express Mumbai
Embassy enters Mumbai realty mkt
REALTY FIRM EMBASSY Developments (EDL) has forayed into the residential real estate market in the Mumbai Metropolitan Region (MMR) with three new projects, marking its entry into India’s most expensive housing market.
1 mins
January 21, 2026
Financial Express Mumbai
AI anxiety grips millennials, Gen Z
AS AI TRANSFORMS workplaces, a Randstad survey says employers are optimistic but Gen Z is anxious, fearing automation will reward firms more than workers
1 min
January 21, 2026
Financial Express Mumbai
Jute Commissioner tightens raw jute stock limits
THE JUTE COMMISSIONER has reduced the permissible stock-holding limits for raw jute by traders and mills with immediate effect, amid a surge in prices to around ₹13,000 per quintal officials said.
1 min
January 21, 2026
Financial Express Mumbai
Rethink amid fragmented supply chains
The prevailing ad-hoc tariff-centric responses to geopolitical volatility are insufficient to guarantee sustained economic security and domestic resilience
3 mins
January 21, 2026
Financial Express Mumbai
Lodha to invest ₹1L cr more in Maha
Developers will invest ₹1.3 lakh crore to build a 2.5 gigawatt data centre park near Mumbai as part of its strategy to expand business.
1 mins
January 21, 2026
Listen
Translate
Change font size