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Hyundai Motor to Invest US$50 mln in Canadian AI Startup

SEOUL, Aug. 3 (Korea Bizwire) — Hyundai Motor Group said Thursday it will invest US$50 million in Canadian artificial intelligence (AI) semiconductor startup Tenstorrent as it seeks to integrate AI into its future mobility solutions. Hyundai Motor Co. and its smaller affiliate Kia Corp. will invest $30 million and $20 million, respectively, in Tenstorrent as [...]

LG Electronics Partners with Canadian Startup to Develop AI Chips

SEOUL, May 31 (Korea Bizwire) — LG Electronics Inc. and Canadian AI computing startup Tenstorrent said Wednesday they are working together to develop next-generation chips that could potentially power the South Korean tech company’s smart consumer appliances and automotive products. Tenstorrent, founded in 2016, builds computers for artificial intelligence (AI). CEO Jim Keller is a [...]