Tenstorrent

Hardware

AI-accelerator designer led by Jim Keller, building RISC-V-based chips and open compute software as an alternative to NVIDIA and AMD for training and inference.

Total funding—
Valuation$2.6B
Employees1,200
Founded2016
HeadquartersSanta Clara, USA
StatusPrivate
tenstorrent.com

Products

Selected offerings — the AI products recorded here, not the vendor's full catalogue.

Closest alternatives 1

Similar products 47

How this list is ranked ↗

Arm HoldingsPublic · $282.8BTensix Neo and Arm CSS for Mobile 2 do comparable work on IP licensing and accelerator silicon; both also serve buyers who need to source custom AI silicon; larger scale (public).4 of 6 capabilitiesShared product typeLarger scaleCompareSambaNovaPrivate · $11BBlackhole and SambaNova RDU do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; larger scale (private).4 of 6 capabilitiesShared product typeLarger scaleCompareQualcommPublic · $174.9BBlackhole and Qualcomm Cloud AI 100 Ultra do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; larger scale (public).3 of 6 capabilitiesShared product typeLarger scaleCompareAxelera AIPrivate · $450M raisedBlackhole and Axelera Metis AIPU do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; same layer and the same scale band (growth-stage private).3 of 6 capabilitiesShared product typeSame scale bandCompareGroqPrivate · $3.5BBlackhole and Groq LPU (GroqChip) do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; same layer and the same scale band (growth-stage private).2 of 6 capabilitiesShared product typeSame scale bandCompareDell TechnologiesPublic · $360.7BTenstorrent Galaxy and Dell PowerEdge XE9680 do comparable work on server systems; both also serve buyers who need to buy data-centre AI compute; larger scale (public).3 of 6 capabilitiesShared product typeLarger scaleCompareAMDPublic · $785.1BBlackhole and AMD Instinct do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; larger scale (public).5 of 6 capabilitiesShared product typeLarger scaleCompareHuaweiPrivateBlackhole and Atlas do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; larger scale (private).4 of 6 capabilitiesShared product typeCompareKioxiaPublic · $177.9BTT-LoudBox and KIOXIA CM9-V Series do comparable work on AI compute hardware; both also serve buyers who need to buy data-centre AI compute; larger scale (public).1 of 6 capabilitiesShared product typeLarger scaleCompareIntelPublic · $463.7BBlackhole and Intel Gaudi AI Accelerator do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; larger scale (public).4 of 6 capabilitiesShared product typeLarger scaleCompareCiscoPublic · $433.3BTenstorrent Galaxy and Cisco AI PODs do comparable work on server systems; both also serve buyers who need to buy data-centre AI compute; larger scale (public).4 of 6 capabilitiesShared product typeLarger scaleCompareCerebras SystemsPublic · $44.4BBlackhole and Cerebras WSE-3 Turbo (WSE-3T) do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; larger scale (public).2 of 6 capabilitiesShared product typeLarger scaleCompareSK HynixPublic · $874.5BTT-LoudBox and CMM-DDR5 do comparable work on AI compute hardware; both also serve buyers who need to buy data-centre AI compute; larger scale (public).2 of 6 capabilitiesShared product typeLarger scaleCompareBroadcomPublic · $1.7TBlackhole and Broadcom custom silicon do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; larger scale (public).1 of 6 capabilitiesShared product typeLarger scaleCompareGraphcorePrivateBlackhole and IPU (Intelligence Processing Unit) do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; Graphcore's scale not recorded.2 of 6 capabilitiesShared product typeCompareHailo TechnologiesAcquired ($340M deal)Blackhole and Hailo AI accelerators do comparable work on accelerator silicon; Hailo Technologies is acquired, with no independent scale.3 of 6 capabilitiesShared product typeCompareHorizon RoboticsPublic · $8.8BBlackhole and Journey 6 Series do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; larger scale (public).3 of 6 capabilitiesShared product typeLarger scaleCompareSamsung ElectronicsPublic · $1.2TTT-LoudBox and Samsung Datacenter SSD do comparable work on AI compute hardware; both also serve buyers who need to buy data-centre AI compute; larger scale (public).1 of 6 capabilitiesShared product typeLarger scaleCompareMarvell TechnologyPublic · $214.9BBlackhole and Marvell OCTEON DPU do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; larger scale (public).1 of 6 capabilitiesShared product typeLarger scaleCompareArista NetworksPublic · $246.4BTT-LoudBox and 7060X5 Series do comparable work on AI compute hardware; both also serve buyers who need to buy data-centre AI compute; larger scale (public).1 of 6 capabilitiesShared product typeLarger scaleCompare4ParadigmPublic · $2BTenstorrent Galaxy and 4Paradigm SageOne do comparable work on server systems; both also serve buyers who need to buy data-centre AI compute; similar scale (public).2 of 6 capabilitiesShared product typeCompareLambdaPrivate · $1.5B raisedTenstorrent Cloud and Lambda On-Demand Instances do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; similar scale (private).3 of 6 capabilitiesShared product typeCompareCrusoePrivate · $10BTenstorrent Galaxy and Crusoe Spark do comparable work on server systems; both also serve buyers who need to buy data-centre AI compute; larger scale (private).4 of 6 capabilitiesShared product typeLarger scaleCompareCore42PrivateTenstorrent Cloud and Core42 Sovereign AI Cloud do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; Core42's scale not recorded.3 of 6 capabilitiesShared product typeCompareSenseTimePublic · $7.7BTenstorrent Cloud and Elastic Compute Service do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; larger scale (public).3 of 6 capabilitiesShared product typeLarger scaleCompareCoreWeavePublic · $48.5BTenstorrent Cloud and CoreWeave Sandboxes do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; larger scale (public).2 of 6 capabilitiesShared product typeLarger scaleCompareRunPodPrivateTenstorrent Cloud and Serverless do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; RunPod's scale not recorded.2 of 6 capabilitiesShared product typeCompareAmazonPublic · $2.8TBlackhole and AWS Inferentia do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; larger scale (public).3 of 6 capabilitiesShared product typeLarger scaleCompareKakao EnterprisePrivateTenstorrent Cloud and AI Insight do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; Kakao Enterprise's scale not recorded; ships developer tool and platform rather than the same layer.2 of 6 capabilitiesDifferent layerCompareHuawei CloudPrivateTenstorrent Cloud and GPU Accelerated Cloud Server do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; Huawei Cloud's scale not recorded.3 of 6 capabilitiesShared product typeCompareTSMCPublic · $2TTenstorrent Galaxy and TSMC foundry services both serve buyers who need to buy data-centre AI compute; larger scale (public).Shared product typeLarger scaleCompareNebius GroupPublic · $61.6BTenstorrent Cloud and Serverless AI do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; larger scale (public).2 of 6 capabilitiesShared product typeLarger scaleCompareAlphabet (Google)Public · $4.2TBlackhole and Google Cloud TPU do comparable work on accelerator silicon; both also serve buyers who need to buy data-centre AI compute; larger scale (public).4 of 6 capabilitiesShared product typeLarger scaleCompareASMLPublic · $670.1BBlackhole and ASML DUV lithography systems both serve buyers who need to buy data-centre AI compute; larger scale (public).Shared product typeLarger scaleCompareModalPrivate · $466M raisedTenstorrent Cloud and Modal do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; same layer and the same scale band (growth-stage private).2 of 6 capabilitiesShared product typeSame scale bandCompareFalPrivateTenstorrent Cloud and fal Serverless do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; Fal's scale not recorded.2 of 6 capabilitiesShared product typeCompareTogether AIPrivate · $8.3BTenstorrent Cloud and Together GPU Clusters do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; same layer and the same scale band (growth-stage private).2 of 6 capabilitiesShared product typeSame scale bandCompareOraclePublic · $454.4BTenstorrent Cloud and OCI Compute for GPUs do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; larger scale (public).3 of 6 capabilitiesShared product typeLarger scaleCompareAlibabaPublic · $273.4BTenstorrent Cloud and Alibaba Cloud Elastic GPU Service do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; larger scale (public).3 of 6 capabilitiesShared product typeLarger scaleCompareHumainPrivateTenstorrent Cloud and HUMAIN COMPUTE do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; Humain's scale not recorded.2 of 6 capabilitiesShared product typeCompareBaiduPublic · $31.6BTenstorrent Cloud and Baidu Baige AI Computing Platform do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; larger scale (public).2 of 6 capabilitiesShared product typeLarger scaleCompareTencentPublic · $510.1BTenstorrent Cloud and Tencent Cloud HAI do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; larger scale (public).2 of 6 capabilitiesShared product typeLarger scaleCompareSchneider ElectricPublic · $200.4BTT-LoudBox and NetShelter Power Rack 800VDC do comparable work on AI compute hardware; larger scale (public).2 of 6 capabilitiesShared product typeLarger scaleCompareHugging FacePrivate · $4.5BTT-LoudBox and Hugging Face Jobs do comparable work on AI compute hardware; same layer and the same scale band (growth-stage private).2 of 6 capabilitiesShared product typeSame scale bandCompareApplied MaterialsPublic · $380.7BBlackhole and Enlight 3 Optical Inspection both serve buyers who need to buy data-centre AI compute; larger scale (public).Shared product typeLarger scaleCompareMistral AIPrivate · $13.8BTenstorrent Cloud and Mistral AI Cloud do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; larger scale (private); ships AI agent, API service and 3 more rather than the same layer.1 of 6 capabilitiesDifferent layerLarger scaleCompareNAVER CloudPrivateTenstorrent Cloud and ML expert Platform do comparable work on GPU cloud; both also serve buyers who need to buy data-centre AI compute; NAVER Cloud's scale not recorded; ships API service, application and 1 more rather than the same layer.2 of 6 capabilitiesDifferent layerCompare

Closest alternatives are pairs a vendor page itself compares. Similar products are matched from what each product does; nothing in that group is asserted as a rivalry.

Sources

Valuation

News reporting · 2 Dec 2024

TechCrunch: Tenstorrent raised a $693M Series D valuing the company at more than $2.6B. funding_total is left null: aggregators disagree materially on the cumulative figure ($793M-$1.18B across different sources) and no single primary total could be confirmed.

Employees

Third-party database · 29 Aug 2026

Aggregator estimate, ~1,200 as of 2026; rounded, not a filed figure -- Tenstorrent is private.

Founded

Wikipedia · 29 Aug 2026

Founded in Toronto, March 2016.

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