Dell Technologies vs Tenstorrent

Dell Technologies — Hardware · Public · $360.7B mkt cap · 4 of 4 figures sourced  |  Tenstorrent — Hardware · Private · $2.6B valuation · 3 of 3 figures sourced

Relationship

Dell PowerEdge XE9680 and Tenstorrent Galaxy do comparable work on server systems; both also serve buyers who need to buy data-centre AI compute; smaller scale (private).

Assembled from the recorded fields for this pair, not hand-checked. The comparison below is read from each company’s own profile.

3 of 7 capabilitiesShared product typeSmaller scale

3 of 7 capabilities — Shares AI compute hardware, model inference and server systems.

Ludbee capability tags · from the product records

Shared product type — Both ship hardware and infrastructure service.

Ludbee product records

Smaller scale — Tenstorrent: $2.6B valuation, against Dell Technologies's $360.7B market cap.

Ludbee scale figures · valuation, market cap or revenue estimate

Aligned comparison

FieldDell TechnologiesTenstorrent
Size$360.7B mkt cap$2.6B valuation different basis
Employees97,0001,200 Tenstorrent has 81× fewer
Founded19842016 32 yrs later
StatusPublicPrivate
CategoryHardwareHardware match
Stack layerData service, Developer tool, Hardware, Infrastructure serviceHardware, Infrastructure service
HeadquartersRound Rock, USASanta Clara, USA

Capability overlap

Shared · 3

AI compute hardwareModel inferenceServer systems

Not verified for Tenstorrent · 4

Data analysisModel hostingModel trainingKnowledge retrieval

Recorded for Dell Technologies. Tenstorrent’s product records say nothing either way — a missing record is not a missing capability.

Not verified for Dell Technologies · 3

Accelerator siliconGPU cloudIP licensing

Recorded for Tenstorrent. Dell Technologies’s product records say nothing either way — a missing record is not a missing capability.

Products, side by side

Algorithmic pairing — assembled from recorded fields, not hand-checked

Dell Technologies

Infrastructure service

Dell AI Factory with NVIDIAInfrastructure service

Packaged servers, storage, networking and services sold as one route from AI pilot to production, jointly branded with NVIDIA.

Hardware

Dell PowerEdge XE7745Hardware

Air-cooled 4U rack server supporting up to eight double-wide PCIe GPUs for flexible AI inference and fine-tuning workloads.

Dell PowerEdge XE9680Hardware

Eight-GPU rack server Dell sells for model training and inference.

Dell PowerEdge XE9685LHardware

Liquid-cooled 4U rack server with eight NVLink-interconnected NVIDIA HGX B200 GPUs, built for AI inference and model fine-tuning.

Dell PowerEdge XE9712Hardware

Rack-scale server sled pairing NVIDIA Blackwell Ultra GPUs with Grace CPUs over a coherent NVLink memory fabric for large-scale AI training.

Dell Pro Max AI DesktopHardware

Compact workstations built on NVIDIA Grace Blackwell superchips with large unified memory, sold for local large-language-model development and inference.

Tenstorrent

Infrastructure service

Tenstorrent CloudInfrastructure service

Hosted remote access to Tenstorrent accelerator instances of 1-128 Wormhole Tensix processors, reached through a browser or remote session via the TT-Console portal.

Hardware

BlackholeHardware

RISC-V-based AI accelerator sold as standalone PCIe developer cards (Blackhole p100a, p150a, p150b) alongside the previous-generation Wormhole boards on Tenstorrent's card catalogue page.

TT-AscalonHardware

High-performance RISC-V CPU core licensed as silicon IP to chip designers for use in AI accelerators, chiplets and custom SoCs.

TT-LoudBoxHardware

Air-cooled desktop AI workstation built around four Tenstorrent Wormhole n300s cards (eight Tensix processors) with a 96GB expandable memory pool, sold for local AI model development and HPC library porting.

TT-QuietBoxHardware

Liquid-cooled desktop AI workstation containing four Tenstorrent Tensix processors, an AMD Ryzen CPU, DDR5 memory and NVMe storage, sold for running and developing AI models locally.

Tensix NeoHardware

AI accelerator core licensed as silicon IP to chip designers for embedding Tenstorrent's Tensix compute into their own SoCs and chiplets.

Tenstorrent GalaxyHardware

Rack-mount AI compute server built from 32 Tenstorrent Tensix processors with built-in Ethernet scale-out, sold in Blackhole and Wormhole generations and in multi-server supercluster configurations.

No counterpart

Dell Technologies sells these in a stack layer with no product recorded for Tenstorrent yet — nothing on the other side to compare them against.

Developer tool

Dell Enterprise HubDeveloper tool

Curated catalogue of AI models and applications preconfigured with optimised containers for one-click on-premises deployment on Dell hardware, built with Hugging Face.

Data service

Dell AI Data PlatformData service

Modular data-readiness offering combining Dell storage engines with analytics, processing, orchestration and search engines to prepare enterprise data for AI training and inference.