Other
Dec 2024The company’s Series D announcement disclosed a pre-money valuation of $2 billion; independent reporting described approximately $2.6 billion post-money and noted a recent headquarters relocation from Toronto to Santa Clara.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Overview
Tenstorrent is a privately held AI-computing and semiconductor company building open, scalable computers for AI. It combines custom RISC-V CPUs, Tensix AI processors, systems, networking and open-source software, with both product sales and IP licensing.
Primary product
Tenstorrent Galaxy and developer systems based on Wormhole and Blackhole Tensix AI processors, supported by the TT-Forge, TT-NN, TT-Metalium and TT-LLK open-source software stack.
Founded
2016
Headquarters
Santa Clara, California, United States (the company’s own pages also describe North American headquarters and list Toronto as its founding/global location; 2024 reporting described the relocation from Toronto to Santa Clara).
Team size
1,000–2,000
Work style
Flexible
Industry
Computer hardware manufacturing
Sub-industry
AI semiconductors, accelerators, RISC-V CPUs, AI systems and developer software
Offices
Santa Clara, California, United States
Fort Collins, Colorado, United States
Boston/Brighton, Massachusetts, United States
Austin, Texas, United States
Toronto/North York, Ontario, Canada
Bengaluru, India
Pangyo, South Korea
Tokyo, Japan
Belgrade, Serbia
Munich/Unterföhring, Germany
Business model
Sale of AI accelerator cards, developer kits, workstations and Galaxy server systems
Licensing AI and RISC-V intellectual property for customized silicon
AI infrastructure/cloud and deployment partnerships
Open-source software ecosystem and developer-platform enablement
Funding
Stage
Late-stage private; Series D
Total raised
$1.3B
Latest round
Series D · Dec 2024
Latest amount
$693M
Dec 2024 · Samsung Securities and AFW Partners
Convertible note / venture round
Aug 2023 · Hyundai Motor Group and Samsung Catalyst Fund
Jan 2021
Feb 2019 · EPIQ Capital Group
Mar 2016
People & investors
Leadership
Chief Executive Officer
Keith Witek
Chief Operating Officer
Christine Blizzard
Chief Experience Officer
David Bennett
Chief Customer Officer
Bob Grim
VP, Investor Relations and Middle East Region
Milos Trajkovic
Co-Founder and Senior Fellow, Systems Engineering and Foundational Software
Jasmina Vasiljevic
Senior Fellow, Pathfinding
Tanya Bisch
Senior Director, Supply Chain and Operations
Raja Koduri
Board member / AI strategist
Investors
Work & culture
The company emphasizes an open future for AI, affordable/transparent/modifiable technology, open-source software, curiosity, collaboration and solving difficult hardware/software problems. Careers materials frame the organization as interdisciplinary across architecture, silicon, systems and software.
Work style
Flexible
Visa sponsorship
Limited
Compensation
Job postings state engineer total compensation targets of approximately $100,000–$500,000 including base and variable compensation, adjusted for experience, skills, education and location. U.S. export-control eligibility can restrict access to some roles and is not equivalent to unrestricted visa sponsorship.
Benefits
Competitive compensation and benefits (specific benefits not publicly enumerated in reviewed sources)
Remote work for some roles
Office work option for remote employees near a Tenstorrent site
Equal-opportunity employment
Product & market
Pricing
Product sales with published developer pricing and enterprise/system pricing; custom quotations and licensing for larger deployments and IP. Public examples include Blackhole p100 at $999, p150 at $1,399, TT-Quietbox at $11,999, Galaxy Blackhole from $110,000 and a four-Galaxy supercluster from $440,000.
Differentiators
- —Open-source AI software stack rather than a fully proprietary accelerator stack
- —RISC-V CPU and AI accelerator integration
- —Native compute, memory and Ethernet networking scale-out
- —AI hardware plus software, systems, cloud and IP licensing in one platform
- —Customization and silicon-ownership option through IP licensing
- —Focus on cost efficiency and reduced vendor lock-in
Technology
RISC-V
Tensix AI processors
ASIC design
SystemVerilog
C/C++
Python
LLVM
Linux
CUDA interoperability/tooling
Docker
Kubernetes
Git/GitHub
TT-Forge
TT-NN
TT-Metalium
TT-LLK
vLLM
Ethernet scale-out networking
Customers
Equinix
Virtu Financial
Cirrascale Cloud Services
ai& (Japan)
UnsungFields
SingularityNET
Infinia Technologies
OrionVM
BetterBrain
Turiyam
Competitors
NVIDIA
AMD
Intel
Cerebras
Groq
Graphcore
SambaNova Systems
Hailo
Lightmatter
d-Matrix
Scale & contact
Estimated revenue
$20M–$30M annually; a third-party company profile estimates $21M, but this is not company-reported financial guidance.
Signals & risks
Other
Apr 2023Co-founder Ljubisa Bajic stepped down from the CTO role into an advisory/board capacity; Raja Koduri joined the board. This is a leadership transition, not a shutdown or layoff announcement.
SourceLatest news
Tenstorrent · Jul 2026
Partnership focused on runtime observability for Tenstorrent AI infrastructure.
Tenstorrent · Apr 2026
Announced general availability of Galaxy Blackhole and described deployments/partnerships with Equinix, Virtu Financial, Cirrascale, ai&, OrionVM and BetterBrain; published system pricing from $110,000.
Tenstorrent · Jan 2026
Strategic agreement for sovereign AI infrastructure in Abu Dhabi and GCC markets, including secure on-premise AI systems.
Tenstorrent · Dec 2024
Oversubscribed Series D of more than $693M at a stated $2B pre-money valuation, funding open-source software, hiring, global design centers and AI systems/clouds.
Open Positions
128 jobs at Tenstorrent
Physical Design Methodology Engineer, AI HW IP
On-site
IP Hardware
Austin, Texas, United States; Belgrade, Serbia; Toronto, Ontario, Canada
Today
On-site
Full-time
Jr. Logistics Coordinator
On-site
Supply Chain
Toronto, Ontario, Canada
Today
On-site
Full-time
Recruiting Operations Specialist
On-site
Recruiting
Belgrade, Serbia
Today
On-site
Full-time
Staff Engineer, Manufacturing
On-site
Supply Chain
Toronto, Ontario, Canada
Today
On-site
Full-time
High Speed AI Interconnect Signal Integrity Engineer
On-site
Silicon and Systems
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
Today
On-site
Full-time
Staff, Reliability Engineer
On-site
Mechanical
Toronto, Ontario, Canada
Today
On-site
Full-time
Infrastructure and Platform Engineer, Metal
On-site
AI SW
United States
1d ago
On-site
Full-time
Sr Staff Engineer, SoC RTL Design
On-site
SoC
Toronto, Ontario, Canada
1d ago
On-site
Full-time
Staff Software Engineer, Cloud Infrastructure
On-site
Cloud Platform
United States
4d ago
On-site
Full-time
Staff Design Verification Engineer, AI HW
On-site
Tensix
Austin, Texas, United States; Belgrade, Serbia; Toronto, Ontario, Canada; Zürich, Switzerland
5d ago
On-site
Full-time
Design Verification Engineer, Automotive Robotics
On-site
Automotive
Munich, Germany
5d ago
On-site
Full-time
Staff Engineer, Manufacturing
On-site
Supply Chain
新北市, New Taipei City, Taiwan
6d ago
On-site
Full-time
Sales Director, Financial Services
On-site
Sales
United States
6d ago
On-site
Full-time
Sr. Manager, Cost Accounting
On-site
Finance
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
6d ago
On-site
Full-time
Staff Engineer, Embedded Linux Developer
On-site
Systems SW
Belgrade, Serbia
6d ago
On-site
Full-time
Interconnect and Compute Architect
On-site
Architecture
United States
6d ago
On-site
Full-time
VP of Information Technology
On-site
Operations
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
1w ago
On-site
Full-time
Sr. Network Engineer
On-site
DC Deployment
Toronto, Ontario, Canada
1w ago
On-site
Full-time
PCB Layout Engineer
On-site
Systems Engineering
Santa Clara, California, United States; Toronto, Ontario, Canada
1w ago
On-site
Full-time
Site Reliability Engineer Lead, Debug
On-site
Debug
Gdańsk, Pomeranian Voivodeship, Poland; Warszawa, Masovian Voivodeship, Poland
1w ago
On-site
Full-time
Staff Technical Program Manager, Agentic Workflows & Program Intelligence
On-site
Metal TPM
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
1w ago
On-site
Full-time
Acceleration Kernel Developer Lead
On-site
OPs
Gdańsk, Pomeranian Voivodeship, Poland; Warszawa, Masovian Voivodeship, Poland
1w ago
On-site
Full-time
C++ Machine Learning Engineer, Models Training
On-site
AI SW
Gdańsk, Pomeranian Voivodeship, Poland; Warszawa, Masovian Voivodeship, Poland
1w ago
On-site
Full-time
Senior Embedded Engineer, AI IP
On-site
IP Software
Toronto, Ontario, Canada
1w ago
On-site
Full-time
Software Engineer, Metal Runtime (API & Abstractions)
On-site
Runtime
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
1w ago
On-site
Full-time
Performance Architect, AI HW
On-site
AI Hardware
Toronto, Ontario, Canada
1w ago
On-site
Full-time
Staff Engineer, SoC Design Verification
On-site
SoC
Boston, Massachusetts, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
1w ago
On-site
Full-time
SOC Emulation Engineer - Hardware Emulation Infrastructure
On-site
SoC
Austin, Texas, United States; Santa Clara, California, United States
1w ago
On-site
Full-time
Systems Engineer, Data Center Debug
On-site
DC Deployment
Toronto, Ontario, Canada
1w ago
On-site
Full-time
Sr. Staff Program Manager & Chief of Staff, Operations
On-site
Operations
Austin, Texas, United States; Boston, Massachusetts, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
1w ago
On-site
Full-time
Staff Engineer, RTL Implementation
On-site
RTL
Austin, Texas, United States; Santa Clara, California, United States
1w ago
On-site
Full-time
Sr. Engineer, Performance Infrastructure
On-site
RISC V
Austin, Texas, United States
1w ago
On-site
Full-time
Analog Design Engineer
On-site
Mixed Signal Design
North America
2w ago
On-site
Full-time
CPU Core Design Verification Testbench Lead
On-site
RISC V
Austin, Texas, United States; Santa Clara, California, United States
2w ago
On-site
Full-time
Sr. Engineer, RTL Design AI Hardware
On-site
Tensix
Belgrade, Serbia
2w ago
On-site
Full-time
Software Engineer, TT-Distributed
On-site
Scale Out
Toronto, Ontario, Canada
2w ago
On-site
Full-time
Sr. Engineer, Systems Debug
On-site
Si Val / Qual
Toronto, Ontario, Canada
2w ago
On-site
Full-time
Manager, Applications and Solutions GTM
On-site
GTM
Austin, Texas, United States; Boston, Massachusetts, United States; Santa Clara, California, United States
2w ago
On-site
Full-time
Director, Applications & Solutions GTM
On-site
GTM
United States
2w ago
On-site
Full-time
Business Development Lead, India
On-site
GTM
India
2w ago
On-site
Full-time
Sustaining Program Manager, Supply Chain
On-site
Supply Chain
Toronto, Ontario, Canada
2w ago
On-site
Full-time
Trade Compliance Specialist
On-site
Operations
Toronto, Ontario, Canada
2w ago
On-site
Full-time
Sr. Sales Operations Manager
On-site
Sales Ops
United States
2w ago
On-site
Full-time
Trade Operations & Certifications Specialist
On-site
Supply Chain
Toronto, Ontario, Canada; United States
2w ago
On-site
Full-time
Sr Engineer, AI Kernel
On-site
AI Hardware
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
2w ago
On-site
Full-time
Machine Learning Research Engineer (LLMs & AI Systems)
On-site
ML Models
Boston, Massachusetts, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Staff, RTL Engineer
On-site
Security
United States; 新北市, New Taipei City, Taiwan
3w ago
On-site
Full-time
Emulation Engineer, Automotive Robotics
On-site
Automotive
Munich, Germany
3w ago
On-site
Full-time
Senior DFT Engineer, Architecture
On-site
Architecture
Tokyo, Japan
3w ago
On-site
Full-time
AI/ML Physical Design Flow Engineer
On-site
Advanced Physical Design
Austin, Texas, United States; Fort Collins, Colorado, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
Automotive and Robotics SOC Architect
On-site
Automotive Architecture
United States
3w ago
On-site
Full-time
Chiplet Design Architect
On-site
CPU
North America
3w ago
On-site
Full-time
Chiplet Physical Design Engineer
On-site
Architecture
United States
3w ago
On-site
Full-time
CPU Architect, Load-Store
On-site
Performance Model
United States
3w ago
On-site
Full-time
CPU Core Design Verification Test Generator Lead
On-site
RISC V
Austin, Texas, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
CPU Verification Fellow, RISC-V High-Performance Processor
On-site
Design Verification
United States
3w ago
On-site
Full-time
Design Verification Lead, AI Hardware
On-site
AI Hardware
Toronto, Ontario, Canada
3w ago
On-site
Full-time
DFT Engineer
On-site
Architecture
United States
3w ago
On-site
Full-time
DFT Engineer, Automotive Robotics
On-site
Automotive
Munich, Germany
3w ago
On-site
Full-time
Director, Accounting Operations
On-site
Finance
North America
3w ago
On-site
Full-time
Director, Customer Hardware Engineering
On-site
AI Hardware
Toronto, Ontario, Canada
3w ago
On-site
Full-time
Director, RISC-V Software TPM & Ops
On-site
RISC V
Australia; United States
3w ago
On-site
Full-time
Electrical Engineer, PCB Design
On-site
PCB / Power
Belgrade, Serbia; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Engineering Program Manager, RISCV
On-site
RISC V
Austin, Texas, United States
3w ago
On-site
Full-time
Engineer, PCIe Validation
On-site
Si Val / Qual
Vancouver, British Columbia, Canada
3w ago
On-site
Full-time
Engineer, SoC RTL Engineer
On-site
Architecture
Tokyo, Japan
3w ago
On-site
Full-time
Executive Assistant
On-site
AI SW
Santa Clara, California, United States
3w ago
On-site
Full-time
Fabric SOC Architect
On-site
Architecture
United States
3w ago
On-site
Full-time
Field Application Engineer - AI Software & Hardware
On-site
Customer Engineering
Europe; Munich, Germany
3w ago
On-site
Full-time
Field Applications Engineer, IP Product
On-site
IP Product
Austin, Texas, United States; Fort Collins, Colorado, United States; Raleigh, North Carolina, United States; Santa Clara, California, United States; Toronto, Ontario, Canada; Vancouver, British Columbia, Canada
3w ago
On-site
Full-time
Full-Chip Physical Design Verification Engineer
On-site
Advanced Physical Design
Austin, Texas, United States; Fort Collins, Colorado, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
GCC Compiler Engineer
On-site
Runtime
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Global Supply Chain Manager
On-site
Supply Chain
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Infrastructure and Platform Development Engineer
On-site
AI SW
Austin, Texas, United States; Gdańsk, Pomeranian Voivodeship, Poland; Santa Clara, California, United States; Toronto, Ontario, Canada; Warszawa, Masovian Voivodeship, Poland
3w ago
On-site
Full-time
Machine Learning Engineer, AI Models
On-site
ML Models
Cyprus
3w ago
On-site
Full-time
Physical Design Engineer
On-site
Physical Design
Austin, Texas, United States; Fort Collins, Colorado, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
Physical Design Engineer: Die-to-Die Interface (RTL to GDSII)
On-site
Mixed Signal Design
United States
3w ago
On-site
Full-time
Physical Design Engineer, PnR
On-site
Advanced Physical Design
Austin, Texas, United States; Fort Collins, Colorado, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
Physical Design Engineer - STA
On-site
Advanced Physical Design
Austin, Texas, United States; Fort Collins, Colorado, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
Power Architect
On-site
Tensix
Toronto, Ontario, Canada
3w ago
On-site
Full-time
Power Design Engineer
On-site
Architecture
Tokyo, Japan
3w ago
On-site
Full-time
Principal CPU Microarchitect - RISC-V & AI Compute
On-site
Tensix
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Regional Sales Lead, Singapore
On-site
Experience
Singapore
3w ago
On-site
Full-time
RISC-V AI / HPC & Agentic Software Engineer
On-site
Architecture
新北市, New Taipei City, Taiwan
3w ago
On-site
Full-time
RISC-V AI / HPC & Agentic Software Engineering Lead
On-site
Architecture
North America
3w ago
On-site
Full-time
RISC-V CPU Microarchitecture / RTL
On-site
CPU
United States
3w ago
On-site
Full-time
Software Architect, Automotive Robotics
On-site
Automotive
Munich, Germany
3w ago
On-site
Full-time
Senior Engineer, System-Level Design Verification
On-site
AI Hardware
Toronto, Ontario, Canada
3w ago
On-site
Full-time
Signal Integrity Engineer
On-site
Silicon and Systems
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Silicon Power & Characterization Engineer
On-site
Si Val / Qual
Toronto, Ontario, Canada
3w ago
On-site
Full-time
Silicon Power & Characterization Lead
On-site
Si Val / Qual
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
SOC Architect - Chiplet
On-site
Automotive
Munich, Germany
3w ago
On-site
Full-time
Software Engineer, Acceleration Kernel Development
On-site
AI SW
Toronto, Ontario, Canada
3w ago
On-site
Full-time
Software Engineer, AI Compiler
On-site
AI Compiler
Austin, Texas, United States
3w ago
On-site
Full-time
Software Engineer-AI Model Bring Up
On-site
ML Models
Tokyo, Japan
3w ago
On-site
Full-time
Software Engineer, Metal Runtime (Core Systems)
On-site
Runtime
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Software Engineer, Scale Out
On-site
Scale Out
Toronto, Ontario, Canada
3w ago
On-site
Full-time
Software Engineer, TT-Fabric
On-site
Scale Out
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Sr. Engineer, CPU RTL Design
On-site
RISC V
Austin, Texas, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
Sr. Engineer, Ethernet IP
On-site
Si Val / Qual
Santa Clara, California, United States; Vancouver, British Columbia, Canada
3w ago
On-site
Full-time
Sr. Engineer, Kernel Development and Optimization
On-site
OPs
Belgrade, Serbia
3w ago
On-site
Full-time
Sr. Engineer, Package Design
On-site
Packaging
United States
3w ago
On-site
Full-time
Sr Engineer, Server Inference
On-site
Product Software Engineering
Belgrade, Serbia
3w ago
On-site
Full-time
Sr. Engineer, Software - AI Compiler
On-site
AI Compiler
Belgrade, Serbia
3w ago
On-site
Full-time
Sr. Engineer, Software - AI Compiler
On-site
AI Compiler
Austin, Texas, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Sr. IP Product Engineer, AI Processor
On-site
IP Product
Toronto, Ontario, Canada; Vancouver, British Columbia, Canada
3w ago
On-site
Full-time
Sr. Manager, Global People Operations
On-site
Human Resources
United States
3w ago
On-site
Full-time
Sr. Performance Modeling Architect
On-site
Performance Model
Austin, Texas, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
Sr. Software Engineer, AI Compiler
On-site
AI Compiler
Toronto, Ontario, Canada
3w ago
On-site
Full-time
Sr. Staff Engineer, Driver
On-site
AI SW
Belgrade, Serbia
3w ago
On-site
Full-time
Sr. Staff Engineer, RISC-V Software Workload Enablement
On-site
RISC V
Australia; United States
3w ago
On-site
Full-time
Staff Business Applications Engineer, IT
On-site
IT
Santa Clara, California, United States
3w ago
On-site
Full-time
Staff, Component Engineer
On-site
Arch & Scale
Santa Clara, California, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Staff Debug and DevOps Engineer
On-site
Debug
Belgrade, Serbia
3w ago
On-site
Full-time
Staff Engineer, CPU Core Verification
On-site
RISC V
Bengaluru, Karnataka, India
3w ago
On-site
Full-time
Staff Engineer, Emulation Technical Lead
On-site
RISC V
Austin, Texas, United States
3w ago
On-site
Full-time
Staff Engineer, Physical Design
On-site
Advanced Physical Design
Austin, Texas, United States; Fort Collins, Colorado, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
Staff Field Application Engineer
On-site
Experience
Austin, Texas, United States; Boston, Massachusetts, United States; Santa Clara, California, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Staff Infrastructure Engineer - Models
On-site
Product SWE - Models Infrastructure
Belgrade, Serbia
3w ago
On-site
Full-time
Staff Physical Design Engineer
On-site
Physical Design
Austin, Texas, United States; Fort Collins, Colorado, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
Staff Technical Program Manager
On-site
Product SWE - TPM
Belgrade, Serbia
3w ago
On-site
Full-time
Staff Technical Program Manager, Physical Design
On-site
Advanced Physical Design
Austin, Texas, United States; Fort Collins, Colorado, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
Support Engineer - AI Server Systems
On-site
Customer Success
Tokyo, Japan
3w ago
On-site
Full-time
System Hardware Technician
On-site
Si Val / Qual
Austin, Texas, United States; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Technical Program Manager, Architecture
On-site
Architecture TPM
Santa Clara, California, United States
3w ago
On-site
Full-time
Technical Program Manager, Product Software
On-site
Metal TPM
Santa Clara, California, United States
3w ago
On-site
Full-time
Top Level Physical Design Engineer
On-site
Advanced Physical Design
Austin, Texas, United States; Fort Collins, Colorado, United States; Santa Clara, California, United States
3w ago
On-site
Full-time
Verification Engineer
On-site
Architecture
Japan
3w ago
On-site
Full-time