Bezos backs AI chipmaker vying with Nvidia at $2.6 billion value
Briefly

The quest for more power and cost efficiency in AI is driving smaller companies to innovate and compete with Nvidia's historically dominant position in chip manufacturing.
You can't beat Nvidia if you use HBM, because Nvidia buys the most HBM and has a cost advantage. They will never be able to bring the price down.
Tenstorrent aims to deliver a more affordable path to AI development by leveraging open-source technology, avoiding high-bandwidth memory dominance.
Nvidia's closed ecosystem offers a full suite of proprietary technology, while competitors like Tenstorrent focus on interoperability and open designs to challenge the status quo.
Read at Fortune
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