Tenstorrent Raises $1.5 Billion as Valuation Jumps to $6.2 Billion
Tenstorrent Series E: Jim Keller’s RISC-V AI chip company raised $1.5 billion at a $6.2 billion valuation to scale Galaxy servers and take on Nvidia.
Artificial Intelligence
AI news from The Boston Report: OpenAI, Google, Anthropic, Meta and new AI tools, plus the safety, policy and business questions around artificial intelligence.
AI Chip Production 2026: Record Demand and a Map of New U.S. Chip Plants
AI chip production is at a record but supply is tight. Map 11 new U.S. chip plants with costs, CHIPS Act awards, start dates and delays, as of Oct. 18.
Proofpoint Agrees to Buy Varonis for $6.3 Billion in Bet on AI Data Security
Proofpoint will buy Varonis for $49.75 a share in cash, about $6.3 billion, closing in early 2027. Terms, premium, AI security context and reactions.
Appeals Court Rules AI Training on Westlaw Headnotes Was Not Fair Use
The Third Circuit upheld Thomson Reuters’ win over ROSS Intelligence, ruling AI training on Westlaw headnotes was not fair use. What it means for AI.
Anthropic Commits 5% of Its Shares to New Public Benefit Fund
Anthropic will put 5% of its shares into a new Public Benefit Fund, pending stockholder approval, with 2% more per 50% rise in value. What is known.
MIT Researchers Build AI Model That Reads Crystals in 3D to Find New Materials
MIT researchers built a vision-language AI model that links 3D crystal structures to properties, surfacing promising solid-state battery electrolytes.
Boston AI Startup Graylark Raises $10.7 Million to Build Raven Image-Search Tool
Boston AI startup Graylark raised a $10.7M seed led by General Catalyst for Raven, which helps investigators geolocate photos and spot fake images.
Ledgebrook Raises $200 Million as Allianz X Backs Boston AI Insurance Platform
Boston AI insurer Ledgebrook raised $200 million co-led by Allianz X and Rockefeller Capital. Deal size, dates, what Blackbird does and what is unknown.
Simons Foundation, OpenAI and Anthropic Fund $15M Math-AI Effort
A $15M Simons Foundation AI mathematics effort with OpenAI and Anthropic will fund workshops to help mathematicians check AI results and set shared standards.
Germany and Nvidia Set to Unveil Industrial AI Pact in Berlin
The Germany Nvidia AI pact, worth several hundred million euros, is due Monday at Invest in Germany as Merz meets Jensen Huang. What’s in it and who’s involved.