LG Electronics announced on Wednesday, May 31, that it has teamed up with a Canada-based AI computing startup called Tenstorrent. They will cooperate to develop next-generation chips that may power the former’s home appliances and automotive products.
Yonhap News Agency reported that the cooperation is expected to improve AI-enhanced features and high-performance computing in the South Korean electronics company’s premium TVs, high-performance semiconductors for vehicles, and other smart products that will be made in the future. The chips will also be used for data center products of Tenstorrents.
To be more specific, LG Electronics and Tenstorrent are working together to build a new generation of RISC-V, AI, and video codec chiplets. Under the agreement, the Toronto-headquartered next-generation computing company will supply artificial intelligence (AI) and RISC-V CPU technology to LG.
Reuters mentioned that initially, the electronics firm will utilize Tenstorrent's AI chip design to make its own chips. Later on, the two companies will work more deeply on other projects.
"It is increasingly important for industry leaders to own their silicon future," Tenstorrent’s chief executive officer, Jim Keller, said in a press release. "LG is a giant in our industry, and this collaboration will strengthen their portfolio of technologies for their future chip solutions, providing greater flexibility to differentiate their products."
LG Electronics’ chief technology officer, Kim Byoung Hoon, also commented, "This collaboration is just a beginning and Tenstorrent's market-leading AI and RISC-V CPU technologies will strengthen SoC competitiveness of LG's future products while our long-time proven video codec technology will help Tenstorrent take control of data center high-performance processor markets."
Kim further added that LG Electronics and Tenstorrent will share technology roadmaps and keep expanding the scope of their collaboration. Tenstorrent is a startup that was only established in 2016. It mainly builds computers for AI, and its CEO previously worked for Apple and AMD. Jim Keller was the lead designer of the AMD K8 microarchitecture and also participated in the designing of Apple A4/A5 processors.
Photo by: LG Newsroom


Gold Prices Mixed as Stronger Dollar Offsets Safe-Haven Demand Amid U.S.-Iran Peace Talks
Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline
New Zealand Fast-Tracks Gold Mining as Industry Revival Gains Momentum
US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments
Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low
Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan
Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom
Asian Stocks Slip as Oil Rebounds Amid Fed Rate Hike Fears
US Dollar Climbs to One-Year High as Fed Rate Hike Expectations Surge
JPMorgan Sees Strong Strategic Value in Potential AbbVie Acquisition of Apogee Therapeutics
Apollo Debt Solutions Limits Redemptions as Withdrawal Requests Surge
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock
Bessent Says U.S. Must Strengthen Supply Chains and Economic Security
Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive
NHTSA Investigates Fatal Tesla Model 3 Crash in Texas Amid Ongoing Autopilot and FSD Safety Scrutiny
Meta Reportedly Developing ‘Arena’ Prediction Market App to Rival Polymarket and Kalshi
Heineken Names JDE Peet’s CEO Rafael Oliveira as New Chief Executive 



