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Tenstorrent develops computing hardware and software solutions specifically engineered for artificial intelligence workloads. The company offers a range of products including AI acceleration cards, high-performance workstations, and scalable servers designed to handle complex machine learning models efficiently. Central to its approach is an open architecture and an open-source software stack, exemplified by TT-Forge, an MLIR-based compiler compatible with major AI frameworks such as PyTorch and JAX.
The company was founded in 2016 by Ljubisa Bajic, Ivan Hamer, and Milos Trajkovic. Their foundational insight recognized the limitations of existing computing paradigms for the burgeoning field of AI, prompting them to create novel silicon designs and accompanying software tailored for neural network processing. This vision aimed to provide a more adaptable and performant infrastructure for advanced AI development.
Tenstorrent serves customers seeking robust and efficient infrastructure for production AI environments, facilitating the deployment and execution of large language models and other compute-intensive applications. The company envisions an open future for AI, advocating for transparency in intellectual property, open hardware designs, and open-source software. This strategic direction empowers developers and organizations to gain greater ownership and flexibility over their AI hardware and software ecosystems.
TenT has 1 tracked investment across 1 company. The latest tracked deal is $110.0M Series C in Ledger in March 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2023 | Ledger | $110.0M Series C | — | 10T Holdings, Dragonfly Capital, Hoxton Ventures, Incisive Ventures, NGC Ventures, Penglan, Twenty Seven Ventures, White Loop Capital, MIK Attisani, CapHorn Invest, Cathay Innovation, Cité Gestion Private Bank, Digital Finance Group, Draper Esprit, Korelya Capital, Morgan Creek, Dusan Stojanovic, Vaynerfund |