T

Tenstorrent

Designs AI chips and licenses processor cores

Memory Architecture Intern

Summer 2026Updated
No salary listed
Internship
PhD
United States
Hybrid
Hardware EngineeringHardware Systems Integration
No H1B Sponsorship
US Citizenship Required

About the job

Requirements
  • Currently pursuing a Ph.D. in Computer Engineering, Electrical Engineering, or a related field (Ph.D candidate with a publication track record is a strong plus)
  • Strong foundation in computer architecture, specifically the memory subsystem, on/off-chip interconnection networks, and data movement optimization
  • Hands-on experience with performance modeling and simulation tools such as gem5, DRAMSim, Ramulator, Booksim, or SystemC/TLM
  • Familiarity with chiplet technology, advanced packaging, and concepts like in-memory/near-memory computing
Responsibilities
  • Analyze and project the system balance (compute/memory/network ratio) for our next-generation AI computer
  • Characterize memory-intensive AI workloads and model data movement within our Galaxy scale-out architecture
  • Develop a performance model for the memory chiplet and conduct thorough performance bottleneck analysis
  • Investigate and model the feasibility and trade-offs of advanced memory architectures, including disaggregated memory and reliability/security, utilizing the Tenstorrent chiplet family ecosystem

About the company

Tenstorrent designs AI processors and computing systems for developers, enterprises and chip designers that want control over their hardware. Its Galaxy servers connect multiple AI processors to run language models, video generation and other workloads across larger systems. The company sells accelerator cards, workstations and servers, and licenses RISC-V CPU designs and Tensix AI cores for customers to incorporate into their own chips. Its software compilers translate models from popular machine learning frameworks into programs for Tenstorrent hardware. Founded in 2016, it operates from offices in the United States, Canada, Europe and Asia.

Company Size

501-1,000

Company Stage

Late Stage VC

Total Funding

$2.8B

Headquarters

Santa Clara, CA

Founded

2016

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Simplify's Take

What believers are saying

  • Chip licensing reaches established manufacturers: Samsung and LG license Tenstorrent CPU and AI cores.
  • Research deployment extends beyond chatbots: September 2026 JapanFold launched drug discovery models using Tenstorrent Galaxy servers.
  • Toronto debug engineers learn across layers: Tenstorrent advertises experience spanning silicon, boards, firmware, drivers and system software.

What critics are saying

  • Model compatibility needs checking: experimental TT-Forge lacks some operators and support for changing tensor dimensions.
  • Remote flexibility is limited for Toronto debug engineers: Tenstorrent specifies hybrid attendance and hands-on lab work.
  • Hardware rollout includes delivery waits: Blackhole cards list two weeks to ship plus two to five weeks of transit.

What makes Tenstorrent unique

  • Memory uses standard graphics components: Tenstorrent Blackhole cards carry up to 32GB of GDDR6.
  • Outsiders shape the stack: Tenstorrent rewards merged compiler, firmware and kernel contributions through its discretionary bounty program.
  • Architecture leadership has shipped mainstream chips: CEO Jim Keller led designs behind AMD Zen and Apple A4/A5 processors.

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Benefits

  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

1%

1 year growth

0%

2 year growth

5%
Australian FinTech
Oct 27th, 2026
Australian investment platform NonPublic raises $118 million for US AI unicorn Tenstorrent in US$1.5 billion round.

Australian investment platform NonPublic raises $118 million for US AI unicorn Tenstorrent in US$1.5 billion round. Australian private markets technology investment platform NonPublic has again given Australian investors access to a US technology unicorn before it has hit public markets, with an ~$118 million investment in privately-held artificial intelligence (AI) chipmaker Tenstorrent. Learn AI Tools The investment formed part of a US$1.5 billion Series E round that valued the company at US$6.2 billion, with NonPublic opening the raise for Australian investors through vehicles under its AFSL. Tenstorrent now joins SpaceX, Perplexity, and Groq among the global private technology companies NonPublic has opened to Australian wholesale investors, who would typically need a minimum commitment of about US$1 million to US$5 million per deal to invest in these companies directly. NonPublic puts Australian family offices and HNW investors alongside major global institutional investors participating in the deal, including ARK Invest, Citadel, Fidelity Management & Research Company, Morgan Stanley, and T. Rowe Price. Houston-based private equity firm Trace Capital led the round, which also drew new and returning investors including chip design software company Cadence Design Systems, memory maker Sandisk, Tether, and XTX Ventures. Tenstorrent will use the new funding to deploy its Galaxy servers at scale, which will continue serving open-weight large language models (LLMs) and video generation. Track Investments The staggering valuation commanded by Tenstorrent while still privately held is yet another example of the enormous value sitting in private tech companies that are out of reach of most Australian investors, according to NonPublic. "Next generation AI tech companies are staying private for longer, so a lot of their growth now happens before investors can gain any exposure. There aren't a great number of options for Australian investors to back these businesses during this period, which means that by the time they finally access the companies, much of the value has already been created," said Milan Reinartz (pictured above), founder and CEO at NonPublic. "Creating a channel for eligible Australians to invest alongside the world's major institutions before they list closes a gap that has kept Australian investors on the sidelines during what is typically the most valuable stage of a company's growth. Discover more Track Investments "The businesses building on AI want control over their computing power at whatever scale they need. This is exactly what Tenstorrent offers by building the chips and computers that run AI. We're excited to back Jim and the Tenstorrent team, and we will continue to open opportunities like this to Australian investors ahead of public markets." Learn AI Tools "The future of compute is open, scalable, and owned by the people building on it. Our investors believe in that model too and we appreciate their support," said Jim Keller, CEO of Tenstorrent.

Crypto-Fundraising
Oct 24th, 2026
Crypto fundraising weekly dates: 18 - 24, oct 2026.

Crypto fundraising weekly dates: 18 - 24, oct 2026. Summary. During this week 14 blockchain startups has raised $1.8B in funding: Round type Number of fundraisings/total raised * Series E round: 1 startup $1.5B * Series D round: 1 startup $200M * Unknown round: (2 startups) $31.6M * Seed round: (2 startups) $15.6M * Series A round: (1 startup) $15M * Strategic round: (1 startup) $1M * Pre-seed round: (1 startup) undisclosed amount * M&A round: (5 startups) undisclosed amount Investments by ecosystem. This week's biggest funding round. Tenstorrent develops AI processors, servers, workstations, and open-source software for running AI models. The company also licenses RISC-V CPU and AI core designs to chipmakers. Its products support deployments from individual systems to large computing clusters. Tenstorrent is also working with Infinia Technologies on sovereign AI infrastructure and a Web3.0 accelerator offering Proof as a Service. Pre-seed and Seed investment rounds. Peso raised undisclosed amount in a Pre-seed funding round from Tether*. Peso is a Bolivian fintech company that provides a global USDT account to save, spend, invest and send money across borders from a single app. Users can buy dollars with local QR payments, pay with local payment methods in Bolivia, Brazil, Argentina and Colombia, and deposit or withdraw USDT and other stablecoins on several blockchain networks. Peso also offers virtual accounts in the user's name connected to the Bolivian banking system via QR and ACH rails, merchant point-of-sale acceptance and USDT payments in Yango Food. Dataline (formerly Tearline) is a decentralized data network for AI agents. It brings onchain and offchain data from about 50 sources, including Hyperliquid, Polymarket, Kalshi, DEXs and Web2 venues, into one API with MCP support. Each response includes source attribution and a confidence score based on agreement, freshness, coverage and source reliability, so agents can judge whether to trust the data. Data providers stake against service quality and lose their stake if their data fails review. Dataline also offers the FlowAgent, GhostDriver and ChatPilot agent tools and plans a public token sale on Uniswap CCA. HoneyB, developed by Nectar Group, is a platform connecting Bitcoin holders with institutional income strategies. Users pledge native BTC as collateral, borrow stablecoins and allocate them to professionally managed real-world asset strategies while retaining Bitcoin exposure. The platform coordinates custody, financing, capital allocation, yield distribution and reporting through onchain vaults or qualified custodians. Its initial strategy provides access to an Alphaledger-managed fund using Simplify Asset Management strategies. HoneyB is designed for institutional investors and supports partners offering its products under their own brands. Other investment rounds. Zeal raised undisclosed amount in a M&A funding round from ether fi. Zeal is a self-custodial crypto wallet and spending app. Users can earn yield on EUR and USD balances and spend in more than 150 countries with a Visa debit card issued together with Gnosis Pay, with no FX fees and up to 4% cashback. In October 2026, ether.fi acquired selected Zeal assets, not including user accounts, keys or funds. The Zeal wallet is winding down, and users can move their balances to ether.fi accounts through the Zeal app. Zodia Custody is a digital asset custodian offering secure and compliant custody services tailored for institutional investors. Established as a joint venture between Standard Chartered and Northern Trust, Zodia Custody combines traditional banking expertise with innovative digital asset solutions. The firm is registered with the UK's Financial Conduct Authority, authorised as a crypto-asset service provider by the Luxembourg CSSF and regulated in Abu Dhabi by the ADGM FSRA. Zodia Custody provides services including cold wallet storage, staking, and seamless trading from cold storage, all designed to meet the complex needs of institutional clients in the evolving digital asset landscape. Erebor is a U.S. national bank built for the innovation economy. It provides deposit accounts, lending and payment services to companies in AI, defense, robotics, manufacturing and digital assets. The bank received its OCC national charter and FDIC insurance in February 2026. Erebor supports stablecoin deposits and withdrawals on the Sui network, and its OCC-approved business plan targets technology companies and ultra-high-net-worth individuals that use virtual currencies. Erebor was founded in 2025 by Palmer Luckey, Owen Rapaport, Jacob Hirshman, Aaron Pelz and Trevor Capozza. Whop is an e-commerce and creator monetization platform that enables individuals and businesses to sell digital products, subscriptions, software access, trading communities, and online services. The platform provides storefront creation, subscription management, payment processing, user authentication, and analytics tools. Whop primarily operates on traditional payment rails but has integrated stablecoin payout capabilities via Tether's Wallet Development Kit (WDK). Designed for digital entrepreneurs, Whop simplifies selling and managing recurring digital revenue streams through an all-in-one SaaS marketplace infrastructure. Z.com EX raised undisclosed amount in a M&A funding round from Bitget. Z.com EX is a licensed digital asset exchange and brokerage in Thailand operated by GMO-Z.com Cryptonomics (Thailand) Co., Ltd. The platform provides cryptocurrency trading and over-the-counter services for local customers through web and mobile applications. Mural is a financial infrastructure platform that helps fintechs, software platforms, and businesses build financial products. Its API brings accounts, payments, identity, permissions, and compliance into a single system, connecting banks and local payment networks with blockchain rails. Customers can hold fiat currencies and stablecoins in unified accounts, receive and send payments, convert currencies, and manage balances. Mural also provides controls for AI agents authorized to transact on users' behalf, with account limits, approved counterparties, and payment approvals. Hylo is an autonomous DeFi protocol on Solana that splits crypto collateral into liquidation-resistant leveraged tokens and a decentralized stablecoin. Its xAssets, including xSOL, xBTC and xHYPE, provide amplified long exposure without margin calls, while hyUSD is backed by the combined value of all collateral pools. Depositing hyUSD into the Earn Pool mints yield-bearing eHYUSD, which compounds staking rewards and borrow rates from every pool. Hylo also offers hyloSOL liquid staking tokens and plans to extend leverage to yield-bearing assets, equities and commodities. Lighthouse is a decentralized storage and memory platform for AI agents and applications. It lets developers save and retrieve context, preferences and decisions across connected agents through SDKs and MCP integrations. Its storage infrastructure uses IPFS, Filecoin and Walrus, with content identifiers for verifying stored data. Lighthouse also provides encryption and access controls through supported configurations, alongside gateways and developer tools for managing files and long-term application data. AptPay raised undisclosed amount in a M&A funding round from KORT Payments. AptPay is a payment orchestration platform that connects businesses to bank payment networks across North America through a single API. It supports account-to-account payments, real-time deposits and withdrawals, card payouts and cross-border disbursements, with integrated identity verification, compliance screening and reconciliation. AptPay serves financial services, digital asset platforms, gaming and e-commerce businesses. Its partnership with Binance.US provides access to U.S. banking rails for fiat deposits and withdrawals. Blocksight raised undisclosed amount in a M&A funding round from Open World. Blocksight is an AI agent platform that helps asset owners and issuers bring real-world assets on-chain and manage them throughout their lifecycle. Its agents coordinate deal structuring, asset data verification, investor onboarding, daily reporting, and ongoing investment servicing, with human approval at key decision points. The platform connects operational data to verifiable on-chain records and gives investors a portal for documents, holdings, and distributions. Blocksight also supports token launch planning, tokenomics, allocations, and market maker coordination. * fund, that lead investment round

TechNode Global
Oct 22nd, 2026
PFN and Tenstorrent win NEDO xPU research project.

PFN and Tenstorrent win NEDO xPU research project. Japan's Preferred Networks and AI-chip developer Tenstorrent have been selected for a five-year Japanese government-backed research project to develop an advanced computing platform that combines chiplets, photonics-electronics integration and advanced packaging. The companies will work on an extensible processing unit, or xPU, architecture under a program administered by Japan's New Energy and Industrial Technology Development Organization. NEDO announced the selected implementation structure on October 20, 2026, under its post-5G information and communications infrastructure initiative. Project divides work across AI and CPU chiplets. Preferred Networks will lead development of AI chiplets, including designs that use three-dimensional memory stacking. Tenstorrent will develop open-architecture CPU chiplets with support for confidential-computing features, according to the joint announcement. The project aims to connect multiple specialized chiplets through photonics-electronics integration and advanced packaging. Optical links can move data with lower electrical losses over some distances than conventional copper connections, while chiplet designs allow processors, memory and interface components to be developed separately and assembled into a larger system. For AI systems, those approaches could help address bandwidth and power constraints created by rapidly growing models and data volumes. The work is still research and development, however, and the announcement did not disclose a commercialization timetable, target manufacturing process, foundry arrangement, prototype performance or funding amount. Universities and research institutes join the effort. The companies said the University of Tokyo, Kobe University, Toyo University, the Japan Agency for Marine-Earth Science and Technology, the Japan Atomic Energy Agency and Tenstorrent Japan will participate as subcontractors. The mix gives the project access to semiconductor, systems, security and scientific-computing expertise. Research workloads from marine science and nuclear-energy organizations could also provide demanding use cases for evaluating bandwidth, reliability and confidential-computing capabilities. NEDO lists the project period as up to 60 months. Selection under the program establishes the research framework but does not guarantee that a resulting processor will reach commercial production or win customers. Development will have to integrate components from multiple teams, demonstrate manufacturability and produce software that can use the hardware efficiently. Open architecture broadens the competitive angle. Tenstorrent designs AI accelerators and CPU cores based on the open RISC-V instruction set. Its role in the NEDO project extends that strategy into a Japanese research program focused on next-generation infrastructure and domestic technology capabilities. The selection follows Tenstorrent's October financing round, when the company raised $1.5 billion at a $6.2 billion post-money valuation. The fresh capital is intended to expand hardware, software and intellectual-property operations, but the NEDO collaboration is a separate research award and the companies did not link a specific portion of the funding to it. Preferred Networks has developed processors and computing systems for deep learning and other high-performance workloads. The Japanese company also works on software and industry applications, giving it experience across the stack that could help connect chiplet design choices with model and systems requirements. The project arrives as governments and technology companies seek alternatives to tightly integrated, proprietary AI-computing platforms. Chiplets and open instruction sets can give system builders more flexibility, but they shift more responsibility to interconnects, packaging, compilers and software compatibility.

ZenTech Academy
Oct 22nd, 2026
Tenstorrent opens OCA chiplet harness beta under Apache 2.0 - unite.ai.

Tenstorrent opens OCA chiplet harness beta under Apache 2.0 - unite.ai. Tenstorrent released the open source beta of the Open Chiplet Atlas (OCA) Harness on October 22, 2026, the company announced. The Harness is a chiplet design framework that turns the OCA interoperability architecture into reusable, deployable implementations. The OCA Specification defines the rules that let chiplets from different vendors work together across the software, system, protocol, transport, and physical layers. The Harness builds those rules into the infrastructure every chiplet needs: security, boot, system management, debug and test, and die-to-die integration. Tenstorrent said chiplet teams that use the Harness can lower non-recurring engineering (NRE) costs and integration risk, and spend more of their time on the application logic that sets their chiplet apart. "The OCA architecture gives chiplet designers the freedom to build without depending on a single vendor," said Wei-Han Lien, Chief CPU Architect and Senior Fellow at Tenstorrent. "The Harness gives teams a reference design that reduces integration complexity so they can focus on their core IP and launch custom silicon." Inside the beta release. The beta includes the complete Harness RTL along with three management subsystems. The OCA Security Processor serves as the chiplet's root of trust, providing secure boot, measurement, key management, and lifecycle control. The OCA System Management Controller (SMC) manages system bring-up, clocks, power, thermal, reset coordination, and telemetry, and implements the OCA-defined boot and configuration protocols that peer chiplets use. Debug and Test Ports (DTP) provide uniform cross-chiplet debug and test access, including JTAG and OCA cross-trigger support. The OCA System Management Unit (SMU) brings these subsystems together, and the OCA AoU implementation carries native AXI4 traffic over UCIe die-to-die links between chiplets. A C++/SystemC virtual platform lets teams start firmware development before RTL simulation or silicon. The tt-oca-harness repository on GitHub mirrors that structure: its hw/sys directory holds the smc, sep, smu, and dtp subsystems, hw/ip holds reusable IP blocks including jtag, uart, and cross_trigger, and hw/common holds shared primitives with TL-UL and AXI infrastructure plus the register flow. Contributors and partner statements. BOS Semiconductors contributed the original AXI-over-UCIe RTL, and lowRISC helped open source the Harness. VNChip Labs and Signaloid are OCA ecosystem partners with contributions in progress. Quang Le, VP of Engineering and Co-Founder at VNChip Labs, said the OCA ecosystem provides a common, proven foundation that can reduce development risk, accelerate time to silicon, and create a more level playing field for companies of all sizes. Signaloid CEO and Founder Phillip Stanley-Marbell described his company's product as a compute accelerator for computing with probability distributions. "By removing integration friction, the OCA Harness allows our accelerator IP to tap seamlessly into a thriving and open chiplet ecosystem," he said, adding that this makes it easier to integrate across a wide variety of complete systems and SiPs with lower NRE costs and faster time-to-market. The Open Chiplet Atlas Ecosystem. The Harness is one component of the broader Open Chiplet Atlas Ecosystem, which Tenstorrent launched on October 22, 2025, at an event in San Francisco. More than 50 partners were involved at launch, ranging from semiconductor companies and global conglomerates to academic institutions. Tenstorrent organizes that ecosystem around three pillars. The Architecture pillar is an open architecture defining chiplet interoperability across five layers: physical, transport, protocol, system, and software. The Harness pillar is the open-source, reusable design framework containing the non-application logic a chiplet needs, which Tenstorrent says lets designers focus on their own value-add while keeping their chiplets interoperable. The Compliance pillar covers pre-silicon verification and post-silicon validation, including a Golden Chiplet for testing and community Plugfests. Tenstorrent describes the OCA Architecture as modular, open-source, and ISA- and IP-neutral, with specifications and frameworks developed transparently and available on a royalty-free basis. Draft v0.7 of the OCA Architecture Specification was published for public review at the launch. Backers named at launch included AIDC, Axelera AI, BOS Semiconductors, LG, Preferred Networks, Rapidus, and VeriSilicon, along with research institutions such as the Barcelona Supercomputing Center. Licensing and availability. According to the repository README, the main repository is the entry point to a family of Tenstorrent-owned ecosystem repositories: tt-oca-harness-aou holds the AXI-over-UCIe Bridge (AoU) RTL; tt-oca-harness-model provides a virtual platform of the harness for rapid prototyping; and tt-oca-manifest defines the OCA boot manifest format and provides producer and consumer tooling for the secure boot images the SEP subsystem loads. The published documentation set comprises a Getting Started Guide covering setup, workflows, and contribution; a Technical Reference Manual covering architecture and registers; an Integrator Guide for integrating the OCA Harness into a chiplet design; a Programmer's Guide covering the register programming model and firmware interfaces; Application Notes; a verification dashboard that serves as a single entry point for the design-verification status of every OCA Harness IP and subsystem; and per-subsystem datasheets for the SMC, SEP, SMU, DTP, and AoU. The Harness code is licensed under the Apache License 2.0, with documentation and images under CC-BY-4.0, and contributions are accepted under Apache 2.0. Tenstorrent said it designed the beta for early adopters, integrators, and contributors. The full release is targeted for January 2027.

The Wichita Eagle
Oct 21st, 2026
PFN and Tenstorrent selected for NEDO project on "xpu Design and Development Incorporating Photonics Electronics Integration Technology"

PFN and Tenstorrent selected for NEDO project on "xpu Design and Development Incorporating Photonics Electronics Integration Technology" October 21, 2026 7:09 AM Gift Article Preferred Networks and Tenstorrent to begin R&D of High-Performance and Energy-Efficient AI Processors Incorporating Photonics-Electronics Integration Technology TOKYO, JP / ACCESS Newswire / October 21, 2026 / Preferred Networks, Inc. (PFN) and Tenstorrent USA, Inc. (Tenstorrent) have announced today that their joint proposal has been selected by Japan's New Energy and Industrial Technology Development Organization (NEDO) for the theme "xPU Design and Development Incorporating Photonics-Electronics Integration Technology" (*1) under the NEDO-sponsored "Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems / Development of manufacturing technologies for advanced semiconductors." AI models and workloads continue to increase in size and computational complexity, and are being adopted across a wide range of industries. This rapid growth has further increased the compute needed for model training and inference, driving demand for more scalable and efficient AI infrastructure. Through a joint research and development project, PFN and Tenstorrent aim to develop a system-level integration of AI processors that delivers high performance and high efficiency for both training and inference. The project targets the next wave of AI deployment across diverse industrial and academic fields, including agentic AI, physical AI, and scientific AI. As part of the project, PFN and Tenstorrent will conduct a research and development program for five years based on the division of responsibilities outlined below. The companies will subsequently work to commercialize the research outcomes for applications including AI agents. * Development of system integration technologies for AI processors leveraging photonics-electronics integration and advanced packaging technologies (PFN and Tenstorrent) * Development of AI chiplets with ultra-high memory bandwidth enabled by 3D memory stacking technologies based on leading-edge semiconductor process technologies (PFN) * Development of CPU chiplets built on an open architecture, which support confidential computing (Tenstorrent) The following activities will be carried out in collaboration with subcontractors: * Research and development of domain-specific applications toward the realization of scientific AI and physical AI (The University of Tokyo, Kobe University, Toyo University, Japan Agency for Marine-Earth Science and Technology, and Japan Atomic Energy Agency) * Design of CPU chiplets and development of software which enable confidential computing (Tenstorrent Japan) (*1) Notification issued on Oct 21, 2026 on the selection for the "Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems / Development of manufacturing technologies for advanced semiconductors": About Preferred Networks Guided by its mission to "Make the real world computable and create the future together," Preferred Networks, Inc. (PFN) develops advanced software and hardware technologies through a vertically integrated approach spanning the entire AI value chain-from AI chips and computing infrastructure to generative AI foundation models and solutions across a wide range of industries. Founded in 2014 in Tokyo, PFN currently develops and delivers the MN-Core(TM) series of AI processors, the PFCP(TM) cloud platform for AI computing, and the Japan-developed generative AI foundation model PLaMo(TM). About Tenstorrent Tenstorrent is an AI compute company led by CEO Jim Keller - architect of Apple A4/A5, AMD Zen, and Tesla's Full Self-Driving chip. The company builds RISC-V-based AI processors and systems for developers, enterprises, and sovereign infrastructure worldwide. In addition to servers and workstations, Tenstorrent licenses its TT-Ascalon RISC-V CPU and Tensix AI cores to chip designers including Samsung and LG. Backed by Bezos Expeditions, Samsung, LG Electronics, Hyundai Motor Group, Fidelity, and others, Tenstorrent has raised over $1B+ and operates from Santa Clara, Austin, Toronto, Belgrade, Tokyo, and Bangalore. Preferred Networks: Tomoyuki Akiyama or Yumi Sakaguchi [email protected]

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