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Hyundai Bolsters AI Initiative: Invests $100 Million in Tenstorrent

August 3, 2023 by Newsdesk

Hyundai Motor Group accelerates its AI ambitions with a hefty $100 million investment in Tenstorrent, a Canadian AI chip manufacturer.

Tenstorrent, known for producing AI chips and licensing technology, aligns with Hyundai’s semiconductor development drive. The partnership aims to enhance Hyundai, Kia, and Genesis vehicles with advanced AI capabilities.

Heung-soo Kim, Executive VP at Hyundai, envisions optimized semiconductor technology to bolster future mobility solutions. The investment solidifies Hyundai’s commitment to cutting-edge AI integration in the automotive sector.

Want to know more? Check out the source code on Reuters.

Filed Under: News Tagged With: Tenstorrent

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