AI chip startup Tenspresso, founded just three months ago, is in talks for a new funding round that could value the company at up to $500 million. The company was founded by former Google AI chip engineers and just weeks ago received a $20 million investment from Striker Venture Partners and completed several key hires. Since then, Altimeter Capital Management has proactively approached the company to discuss additional investment, with specific amounts and terms not yet disclosed, and whether the deal will ultimately be reached remains uncertain.
