Samsung picked to build chips from Canadian AI startup
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South Korean electronics giant Samsung (OTCPK:SSNLF) has been selected to produce processors from a Canadian startup focused on artificial intelligence, Tenstorrent.
In a statement, Tenstorrent said it picked Samsung (OTCPK:SSNLF) over other foundries due to their expertise in silicon manufacturing and its "state-of-the-art" SF4X process, which uses 4 nanometer architecture.
"Tenstorrent's focus is on developing high performance compute and delivering these solutions to customers around the world," said Jim Keller, CEO of Tenstorrent, in the release.
"Samsung Foundry's commitment to advancing semiconductor technology aligns with our vision for advancing RISC-V and AI and makes them an ideal partner to bring our AI chiplets to market," Keller added.
The win is an notable achievement for Samsung (OTCPK:SSNLF) as it competes in the foundry business for AI chips against the likes of Taiwan Semiconductor (TSM), which produces chips made by Nvidia (NVDA), and GlobalFoundries (GFS). Intel (INTC) is also working on becoming a global foundry and recently announced a pre-payment from a technology company that some believe is a "whale."
Some of Tenstorrent's chips use RISC-V technology, an alternative to Arm (ARM) -based architecture that is being championed by Qualcomm (QCOM) and some other semiconductor companies.
The other major semiconductor architecture is x86, which is championed by Intel (INTC) and AMD (AMD).
Samsung (OTCPK:SSNLF) invested in Tenstorrent last month which saw the company raise $100M in capital from a number of investors, Reuters reported.

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