An index of frontier and emerging AI labs.
AI compute hardware
RISC-V based AI accelerators and open-source AI compute stack. CEO Jim Keller (ex-Apple, AMD, Tesla, Intel); raised $693M Series D in December 2024 at a ~$2.6B valuation, since grown.
| Name | Tenstorrent |
|---|---|
| Space | AI compute hardware |
| Founded | 2016 |
| Latest valuation | ~$3.2B |
| Stage | — |
| Status | active |
| HQ | Toronto |
| Founders | Ljubisa Bajic, Ivan Hamer, Milos Trajkovic |
| Website | https://tenstorrent.com |
| Careers | https://tenstorrent.com/careers |
| — | |
| X / Twitter | — |
| Date | Round | Amount ($M) | Valuation | Confidence | Source |
|---|---|---|---|---|---|
| — | — | — | ~$3.2B | reported | — |
No founders recorded yet. Submit info.
| Date | Type | Title | Source |
|---|---|---|---|
| 2026-06-14 | added | Tenstorrent added to tracker Latest valuation: ~$3.2B. | — |
No sources cited.
| Lab | Valuation | Founded |
|---|---|---|
| Cerebras Systems | ~$56B (mkt cap) | 2016 |
| Groq | ~$6.4B | 2016 |
| Etched | $5B | 2022 |
| Unconventional AI | $4.5B | 2025 |
| Celestial AI | $3.25B (acq.) | 2020 |
| d-Matrix | $2B | 2019 |
| Hailo | $1.2B | 2017 |
| Lightmatter | $1.2B | 2017 |