Last deal

$300M

Amount

Venture - Series Unknown

Stage

14.06.2024

Date

8

all rounds

$634.5M

Total amount

General

About Company
Tenstorrent is a computing company that develops processors to accelerate AI and deep learning algorithms.

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founded date

01.03.2016

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Their breakthrough processor architecture and software co-design hardware, software, and AI algorithms to deliver orders of performance and efficiency for AI workloads from the data center to the edge of the Cloud. Tenstorrent's processors are software-programmable and are made up of application-specific integrated circuit chips, enabling businesses to support future technology in the field of machine learning. Their architecture scales from datacenter servers to IoT devices with improved efficiency, flexibility, and programmability compared to legacy accelerators including CPUs, GPUs, FPGAs, and TPU-type processors.
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