Tenstorrent

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Data center applications
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Tenstorrent is a company that develops AI processors, licenses AI and RISC-V IP, and builds computers for artificial intelligence applications. Founded in 2016 in Toronto, Canada, Tenstorrent has expanded its operations with offices in the US, Japan, and other global locations. The company offers a range of products including AI processors, RISC-V CPU cores, and chiplets designed for various applications from edge devices to data centers.

Tenstorrent's product line includes the Grayskull processor, announced in 2020, which was designed to accelerate AI model training in data centers and edge servers. The company has since shifted its focus to licensing and services, launching DevCloud in 2021, a cloud-based service allowing developers to run AI models without purchasing hardware. Tenstorrent's latest offering, the Wormhole processor, was unveiled in July 2024. The Wormhole n300 board, featuring dual chips, delivers up to 466 FP8 TFLOPS at 300W, positioning it as a competitive option in the AI hardware market.

The company's technology strategy involves developing both AI accelerators and RISC-V CPU designs, setting it apart from many competitors in the field. Tenstorrent's approach includes creating flexible and scalable solutions, with processors capable of merging to function as a single unit in various configurations. This scalability operates natively without the need for virtualization, allowing for efficient deployment in both workstation and data center environments.

Tenstorrent has also focused on developing its own RISC-V cores, aiming to create a second revenue stream through licensing. The company's Ascalon RISC-V CPU core technology is being leveraged in collaborations with partners to develop RISC-V CPU chiplets for edge AI accelerators. In February 2024, Tenstorrent announced a partnership with Japan's Leading-edge Semiconductor Technology Center (LSTC) to co-design a 2nm edge AI accelerator using Tenstorrent's RISC-V and chiplet IP.


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Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
150 Ferrand Dr Suite 901 Toronto ON CAN
Founded year:
2016
Employees:
251-500
IPO status:
Private
Total funding:
USD 334.5 mn
Last Funding:
USD 100.0 mn (Series Unknown; Aug 2023)
Last valuation:
USD 1.0 bn (May 2021)
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