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Tenstorrent vs Groq

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Groq is valued at $20B — more than 3x Tenstorrent's $3.2B.

Head-to-Head Verdict

Groq leads on 2 of 5 metrics

Tenstorrent

1 win

-Valuation
-Funding
=Awaira Score
+Team Size
=Experience

Groq

2 wins

+Valuation
+Funding
=Awaira Score
-Team Size
=Experience

Key Numbers

Valuation
$3.2B
$20B
Total Funding
$1.2B
$1.4B
Awaira Score
80/100
80/100
Employees
400
300
Founded
2016
2016
Stage
Series D
Acquired
TenstorrentGroq
Winner
Tenstorrent logo
Tenstorrent

🇨🇦 Canada · Ljubisa Bajic

Series DAI InfrastructureEst. 2016

Valuation

$3.2B

Total Funding

$1.2B

Awaira Score80/100

400 employees

Full Tenstorrent Profile →
Groq logo
Groq

🇺🇸 United States · Jonathan Ross

AcquiredAI InfrastructureEst. 2016

Valuation

$20B

Total Funding

$1.4B

Awaira Score80/100

300 employees

Full Groq Profile →
Market Context

Both companies compete in the AI Infrastructure space, though from different geographies — Tenstorrent in Canada and Groq in United States. Different stages (Series D vs Acquired) mean these companies face fundamentally different operational priorities.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

In the AI Infrastructure market, Tenstorrent and Groq represent two distinct approaches. Tenstorrent is a Canadian AI infrastructure company founded in 2016 that designs and manufactures specialized processors and software platforms for artificial intelligence workloads. Groq is an AI infrastructure company founded in 2016 that designs and manufactures specialized processors for artificial intelligence workloads.

Funding & Valuation

Groq commands a $20B valuation — roughly 6.3x that of Tenstorrent at $3.2B, a gap that underscores their different scales. Both have attracted significant capital — Groq with $1.4B and Tenstorrent with $1.2B.

Growth Stage

Tenstorrent and Groq share a 2016 founding year, meaning neither has a seniority advantage. Tenstorrent is at Series D while Groq stands at Acquired, indicating different levels of maturity and investor risk. Team sizes also differ: Tenstorrent employs 400 people versus Groq's 300.

Geography & Outlook

Tenstorrent operates out of 🇨🇦 Canada while Groq is based in 🇺🇸 United States, giving each a distinct home-market advantage. Awaira's composite score rates them neck-and-neck: Tenstorrent at 80 and Groq at 80 out of 100. Under Ljubisa Bajic and Jonathan Ross respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

Tenstorrent

Total Rounds5
Avg. Round Size$295M
Funding Span7.7 yrs

Groq

Total Rounds4
Avg. Round Size$205M
Funding Span4.7 yrs

Funding History

Tenstorrent has completed 5 funding rounds, while Groq has gone through 4. Tenstorrent's most recent round was a Series D of $1B, compared to Groq's Series D ($450M). Tenstorrent is at Series D while Groq is at Acquired — different points in their growth trajectory.

Team & Scale

Team sizes are in the same ballpark: Tenstorrent has about 400 people and Groq has around 300. Both companies were founded in 2016. Geographically, they're in different markets — Tenstorrent operates out of Canada and Groq from United States.

Metrics Comparison

MetricTenstorrentGroq
💰Valuation
$3.2B
$20BWINS
📈Total Funding
$1.2B
$1.4BWINS
📅Founded
2016
2016
🚀Stage
Series D
Acquired
👥Employees
400
300
🌍Country
Canada
United States
🏷️Category
AI Infrastructure
AI Infrastructure
Awaira Score
80
80

Key Differences

💰

Valuation gap: Groq is valued 6.3x higher ($20B vs $3.2B)

📈

Funding gap: Groq has raised $210M more ($1.4B vs $1.2B)

🚀

Growth stage: Tenstorrent is at Series D vs Groq at Acquired

👥

Team size: Tenstorrent has 400 employees vs Groq's 300

🌍

Market base: 🇨🇦 Tenstorrent (Canada) vs 🇺🇸 Groq (United States)

⚔️

Direct competitors: Both operate in the AI Infrastructure market segment

Which Should You Choose?

Use these signals to make the right call

Tenstorrent logo

Choose Tenstorrent if…

Top Pick
  • Canada-based for regional compliance or proximity
  • Tenstorrent is a Canadian AI infrastructure company founded in 2016 that designs and manufactures specialized processors and software platforms for artificial intelligence workloads
Groq logo

Choose Groq if…

  • More established by valuation ($20B)
  • Stronger investor backing — raised $1.4B
  • United States-based for regional compliance or proximity
  • Groq is an AI infrastructure company founded in 2016 that designs and manufactures specialized processors for artificial intelligence workloads

Funding History

Tenstorrent raised $1.2B across 5 rounds. Groq raised $1.4B across 4 rounds.

Tenstorrent

Series D

Oct 2023

$1B

Series C

Jun 2021

$110M

Series B

Jan 2020

$50M

Series A

Jan 2018

$20M

Seed

Jan 2016

Groq

Series D

Oct 2023

Lead: SoftBank Vision Fund 2

$450M

Series C

Apr 2021

Lead: Menlo Ventures

$300M

Series B

Jan 2021

Lead: Sapphire Ventures

$40M

Series A

Jan 2019

$30M

Investor Comparison

No shared investors detected between these two companies.

Unique to Groq

SoftBank Vision Fund 2Tiger GlobalFoundry GroupMenlo VenturesSapphire VenturesLerer Hippeau

Users Also Compare

FAQ — Tenstorrent vs Groq

Is Tenstorrent bigger than Groq?
By valuation, Groq is the larger company at $20B versus $3.2B — a 6.3x difference. Size can also be measured by team: Tenstorrent employs 400 people while Groq has 300 employees.
Which company raised more funding — Tenstorrent or Groq?
Groq has raised more in total funding at $1.4B, compared to Tenstorrent's $1.2B — a gap of $210M. Combined, the two companies have completed 9 known funding rounds.
Which company has a higher Awaira Score?
It's a dead heat — both Tenstorrent and Groq sit at 80/100 on the Awaira Score. That score factors in valuation, funding, stage, headcount, and category.
Who founded Tenstorrent vs Groq?
Tenstorrent was founded by Ljubisa Bajic in 2016. Groq was founded by Jonathan Ross in 2016. Visit each company's profile on Awaira for a full founder biography.
What does Tenstorrent do vs Groq?
Tenstorrent: Tenstorrent is a Canadian AI infrastructure company founded in 2016 that designs and manufactures specialized processors and software platforms for artificial intelligence workloads. The company develops custom silicon chips and compute architectures optimized for training and inference of large language models and other machine learning applications. Its core offering includes the Grayskull and Wormhole processor families, which use a distributed computing approach to achieve high performance efficiency. The company's software stack enables developers to deploy AI models across its hardware without extensive optimization. Tenstorrent has positioned itself as an alternative to dominant GPU manufacturers in the AI accelerator market, targeting data centers and cloud providers seeking alternatives for AI infrastructure. The company has secured $1.18 billion in total funding across multiple rounds, achieving a $3.2 billion valuation while remaining in Series D funding stage. Founded by industry veterans, Tenstorrent operates as a fabless semiconductor company, partnering with foundries for chip manufacturing. The firm competes against established players like NVIDIA, AMD, and other emerging AI chip startups. Its growth trajectory reflects increasing demand for specialized AI computing resources, though adoption remains limited compared to incumbent GPU providers. The company continues expanding its processor roadmap and software ecosystem to capture market share in the rapidly growing AI infrastructure sector. Tenstorrent develops custom AI processors designed as a performance-efficient alternative to GPUs, using distributed computing architecture for large language model workloads. Groq: Groq is an AI infrastructure company founded in 2016 that designs and manufactures specialized processors for artificial intelligence workloads. The company's core product is the Language Processing Unit (LPU), a custom-built chip architecture optimized for inference tasks in large language models and other AI applications. Unlike traditional GPUs designed for general-purpose computing, Groq's LPUs prioritize deterministic latency and throughput for sequential AI processing, enabling faster token generation in inference scenarios. Groq has positioned itself as an alternative to NVIDIA's GPU-dominated infrastructure market, targeting enterprises requiring high-performance AI inference at scale. The company offers cloud-based access to its hardware through GroqCloud, allowing developers to run inference workloads with reduced latency compared to conventional GPU implementations. Groq operates in the competitive AI infrastructure sector, competing with established players like NVIDIA, as well as emerging alternatives including custom chip manufacturers and cloud providers developing proprietary AI accelerators. In December 2025, Nvidia and Groq announced an agreement reportedly valued at approximately $20 billion to license Groq's AI inference technology. Groq's growth trajectory reflects increasing enterprise demand for efficient inference infrastructure. Groq's LPU architecture specifically optimizes for inference latency rather than training, addressing a distinct performance bottleneck in deployed AI systems. Groq operates in the AI Infrastructure sector and is headquartered in United States. Founded in 2016 by Jonathan Ross, Groq has raised $1.4B in total funding, achieving a valuation of $20B as of its latest round. The company's funding journey includes a Series A of $30M in 2019, a Series B of $40M in 2021, a Series C of $300M in 2021, a Series D of $450M in 2023. The most recent round was led by SoftBank Vision Fund 2. With approximately 300 employees, Groq has established itself as a Acquired-stage player in the AI Infrastructure market. The company holds an Awaira Score of 80/100, reflecting its strong position across valuation, funding trajectory, team scale, and market influence. Groq competes in a rapidly evolving segment alongside other AI Infrastructure companies. Based in United States, Groq is part of a growing international AI ecosystem attracting talent and investment. The AI Infrastructure space has attracted significant investment in recent years, with companies racing to capture enterprise and consumer demand for AI-powered solutions.
Which company was founded first?
Both Tenstorrent and Groq launched in 2016. Same year, but even a few months' head start matters in AI — early movers lock in data, talent, and customer relationships fast.
Which company has more employees?
Tenstorrent has about 400 employees; Groq has about 300. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Tenstorrent and Groq competitors?
Yes — they're direct rivals. Both Tenstorrent and Groq compete in AI Infrastructure, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

It's close. Both Tenstorrent and Groq are strong players, and picking a winner depends on what you're looking for. Check each profile for the full picture.

Who Should You Watch?

This one's genuinely too close to call. Both companies are competitive, and the winner will likely come down to execution over the next 12-18 months. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive