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Tenstorrent builds and sells AI training and inference chips, servers and developer hardware, backed by an open-source software stack. It also licenses its RISC-V and AI IP to clients who want to customize their own silicon. It is led by CEO Jim Keller. It raised a $693M Series D in December 2024 at a $2.6B post-money valuation, and reportedly a $1.29B Series E in August 2026. Investors include Samsung Securities, AFW Partners, Fidelity, Bezos Expeditions and Hyundai. It employs about 1,280 people (2026).