Tenstorrent
Open-source AI hardware and RISC-V compute building an alternative to Nvidia.
Hardware
📍 Santa Clara, CA
Founded 2016
Current Valuation
$2.7B
as of 2024-Q4
UNICORN
Tenstorrent designs open-source AI processors and RISC-V CPUs as a low-cost, customer-customizable alternative to Nvidia. Led by legendary chip architect Jim Keller (ex-Apple, Tesla, AMD, Intel). Closed a $693M Series D in December 2024 at a $2.7B post-money valuation led by Samsung Securities and AFW Partners.
Company Profile
Last Round
Series D — $693M (Dec 2024) · Lead: Samsung Securities and AFW Partners
Founders & Key People
Ljubisa BajicMilos TrajkovicIvan Hamer
Investors
Samsung Securities · AFW Partners · Jeff Bezos (Bezos Expeditions) · Hyundai Motor Group · Fidelity Management · XTX Markets · LG Electronics · Baillie Gifford
Products
- Wormhole AI processor
- Blackhole AI processor
- Grayskull AI processor
- Ascalon RISC-V CPU IP
- Tenstorrent Galaxy server
Competitors
Nvidia · AMD · Cerebras · Groq · SambaNova · Graphcore
AIHardwareRISC-VAI ChipsUnicorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q4. Refreshed quarterly.