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TENSTORRENT
Tenstorrent
AI / Semiconductor · Toronto · Canada · Founded · 2019 · ≈ · 500 · employees

Tenstorrent competitors

Private

Tenstorrent has 7 close competitors: Ampere Computing, Ayar Labs, Formlabs, Nvidia.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Peer set

Who competes with Tenstorrent

Sector, valuation and status for each competitor.

company profileTenstorrent›
$2.5BFeb 2024
Founded 2019Canada
competitorAmpere Computing›
$6.5Blatest valuation
Founded 2017Private
competitorAyar Labs›
$3.8Bas of Mar 2026
Founded 2015Private
competitorFormlabs›
$2Bas of May 2021
Founded 2011IPO rumored
competitorGroq›
$6.9Bas of Sep 2025
Founded 2016Private
competitorPAX Labs›
$1.7Bas of Apr 2019
Founded 2007Private
competitorSambaNova Systems›
$5.1Bas of Apr 2021
Founded 2017Private
NPUBLICNvidiacompetitor

market cap

PUBLIC
Head-to-head

Tenstorrent and its peers, side by side

A private valuation and a public market cap share one column; each row names its basis and date.

Company
Sector
Founded
Valuation / market cap
Status
HQ
On Canborsa
Tenstorrent
AI / Semiconductor
2019
$2.5BFeb 2024
PRIVATE
Canada
Company profile
Ampere Computing
Semiconductor
2017
$6.5B
PRIVATE
United States
Company profile
Ayar Labs
Semiconductors
2015
$3.8Bpost-money · Mar 2026
PRIVATE
United States
Company profile
Formlabs
3D printing hardware
2011
$2Bpost-money · May 2021
IPO RUMORED
United States
Company profile
Groq
Semiconductors / AI inference infrastructure
2016
$6.9BSep 2025
PRIVATE
United States
Company profile
PAX Labs
Cannabis / vaporizer hardware
2007
$1.7BApr 2019
PRIVATE
United States
Company profile
SambaNova Systems
AI hardware and inference systems (semiconductor / AI infrastructure)
2017
$5.1BApr 2021
PRIVATE
United States
Company profile
NNvidia
market cap
PUBLIC
Public equity
Context · reading the peer set

Where Tenstorrent meets its rivals

What Tenstorrent sells, and where the rivals meet it

AI chip company designing and manufacturing processors and accelerators for artificial intelligence workloads.

Tenstorrent competes with 7 companies here: Ampere Computing, Ayar Labs, Formlabs, Groq, PAX Labs, SambaNova Systems, Nvidia.

A private valuation and a public price

Tenstorrent was last valued at $2.5B (Feb 2024). That price was agreed in one transaction and holds until the next round. A listed competitor is repriced every trading session.

Tenstorrent on Canborsa
MarketClosest: AMD-PERP
Fees0.07% per side · 0.14% round-trip
Fundingevery 1h

Tenstorrent competitors — frequently asked questions

Who has invested in Tenstorrent?›

Lead investors for each round are in the funding timeline.

Who are Tenstorrent's competitors?›

The closest ai / semiconductor peers are on the competitors page.

How can I get exposure to Tenstorrent?›

The routes section explains what is realistically available for a company at this stage.

Is Tenstorrent publicly traded?›

No. Tenstorrent is a private company; its shares do not trade on a public exchange.

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