REUTERS/Yves Herman/File Photo Acquire Licensing RightsOct 2 (Reuters) - Samsung's contract chip manufacturing arm picked up a new artificial intelligence chip customer, a Canadian startup called Tenstorrent, the company said on Monday.
Tenstorrent is among a number of startups looking to challenge Nvidia (NVDA.O), which dominates the market for AI chips.
As part of the deal, Tenstorrent plans to use one of Samsung's advanced manufacturing processes, known as 4nm, to produce the chips.
The chip Samsung will manufacture is named Quasar, and is not based on RISC-V technology.
The chip deal follows a Samsung investment in Tenstorrent in August as part of a $100 million capital raise that included Hyundai Motor Co (005380.KS) and others.
Persons:
Yves Herman, Tenstorrent, Jim Keller, Max A, Leslie Adler
Organizations:
Samsung, REUTERS, Nvidia, Intel, Micron Devices, Hyundai Motor
Locations:
Brussels, Diegem, Belgium, Canadian, Tenstorrent, San Francisco