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Tenstorrent vs Together AI

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

Comparison updated: April 2026

Neck and neck — Tenstorrent ($3.2B) and Together AI ($3.3B) are valued within 20% of each other.

Head-to-Head Verdict

Tenstorrent leads on 4 of 5 metrics

Tenstorrent

4 wins

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

Together AI

1 win

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

Key Numbers

Valuation
$3.2B
$3.3B
Total Funding
$1.2B
$533.5M
Awaira Score
80/100
77/100
Employees
400
100
Founded
2016
2022
Stage
Series D
Series B
TenstorrentTogether AI
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 →
Together AI logo
Together AI

🇺🇸 United States · Ce Zhang

Series BAI InfrastructureEst. 2022

Valuation

$3.3B

Total Funding

$533.5M

Awaira Score77/100

100 employees

Full Together AI Profile →
Market Context

As AI Infrastructure players, Tenstorrent and Together AI target overlapping customers despite operating from different countries. The stage gap — Tenstorrent at Series D vs Together AI at Series B — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

Tenstorrent and Together AI both operate in AI Infrastructure, though their strategies diverge significantly. Tenstorrent is a Canadian AI infrastructure company founded in 2016 that designs and manufactures specialized processors and software platforms for artificial intelligence workloads. Together AI is an AI infrastructure company founded in 2022 that provides cloud-based platforms for training, fine-tuning, and deploying large language models.

Funding & Valuation

Valuations are in a similar range: Together AI at $3.3B and Tenstorrent at $3.2B. Funding totals are closer: Tenstorrent at $1.2B compared to Together AI's $533.5M.

Growth Stage

Tenstorrent (est. 2016) predates Together AI (est. 2022) by 6 years, a significant head start in building market presence. Tenstorrent is at Series D while Together AI stands at Series B, indicating different levels of maturity and investor risk. Headcount tells a story too: Tenstorrent has 400 employees and Together AI has 100.

Geography & Outlook

Based in 🇨🇦 Canada and 🇺🇸 United States respectively, Tenstorrent and Together AI tap into different talent markets and regulatory environments. Awaira's composite score rates them neck-and-neck: Tenstorrent at 80 and Together AI at 77 out of 100. Tenstorrent, led by Ljubisa Bajic, and Together AI, led by Ce Zhang, each bring distinct leadership visions to the AI sector.

Funding Velocity

Tenstorrent

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

Together AI

Total Rounds3
Avg. Round Size$62M
Funding Span1.7 yrs

Funding History

Tenstorrent has completed 5 funding rounds, while Together AI has gone through 3. Tenstorrent's most recent round was a Series D of $1B, compared to Together AI's Series B ($104M). Tenstorrent is at Series D while Together AI is at Series B — different points in their growth trajectory.

Team & Scale

Tenstorrent is significantly larger with about 400 employees, compared to Together AI's 100. That's a 4x difference in headcount. Tenstorrent has a 6-year head start, founded in 2016 vs Together AI's 2022. Geographically, they're in different markets — Tenstorrent operates out of Canada and Together AI from United States.

Metrics Comparison

MetricTenstorrentTogether AI
💰Valuation
$3.2B
$3.3BWINS
📈Total Funding
$1.2BWINS
$533.5M
📅Founded
2016
2022WINS
🚀Stage
Series D
Series B
👥Employees
400
100
🌍Country
Canada
United States
🏷️Category
AI Infrastructure
AI Infrastructure
Awaira Score
80WINS
77

Key Differences

💰

Valuation gap: Together AI is valued 1x higher ($3.3B vs $3.2B)

📈

Funding gap: Tenstorrent has raised $646.5M more ($1.2B vs $533.5M)

📅

Market experience: Tenstorrent has 6 years more (founded 2016 vs 2022)

🚀

Growth stage: Tenstorrent is at Series D vs Together AI at Series B

👥

Team size: Tenstorrent has 400 employees vs Together AI's 100

🌍

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

⚔️

Direct competitors: Both operate in the AI Infrastructure market segment

Awaira Score: Tenstorrent scores 80/100 vs Together AI's 77/100

Which Should You Choose?

Use these signals to make the right call

Tenstorrent logo

Choose Tenstorrent if…

Top Pick
  • Higher Awaira Score — 80/100 vs 77/100
  • Stronger investor backing — raised $1.2B
  • More market experience — founded in 2016
  • 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
Together AI logo

Choose Together AI if…

  • More established by valuation ($3.3B)
  • United States-based for regional compliance or proximity
  • Together AI is an AI infrastructure company founded in 2022 that provides cloud-based platforms for training, fine-tuning, and deploying large language models

Funding History

Tenstorrent raised $1.2B across 5 rounds. Together AI raised $533.5M across 3 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

Together AI

Series B

Sep 2023

$104M

Series A

Jan 2023

$20M

Seed

Jan 2022

Investor Comparison

No shared investors detected between these two companies.

Unique to Together AI

Salesforce VenturesNvidiaKleiner PerkinsLerer HippeauSapphire Ventures

Users Also Compare

FAQ — Tenstorrent vs Together AI

Is Tenstorrent bigger than Together AI?
By valuation, Together AI is the larger company at $3.3B versus $3.2B — a 1x difference. Size can also be measured by team: Tenstorrent employs 400 people while Together AI has 100 employees.
Which company raised more funding — Tenstorrent or Together AI?
Tenstorrent has raised more in total funding at $1.2B, compared to Together AI's $533.5M — a gap of $646.5M. Combined, the two companies have completed 8 known funding rounds.
Which company has a higher Awaira Score?
Tenstorrent leads with an Awaira Score of 80/100, while Together AI sits at 77/100. That 3-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Tenstorrent vs Together AI?
Tenstorrent was founded by Ljubisa Bajic in 2016. Together AI was founded by Ce Zhang in 2022. Visit each company's profile on Awaira for a full founder biography.
What does Tenstorrent do vs Together AI?
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. Together AI: Together AI is an AI infrastructure company founded in 2022 that provides cloud-based platforms for training, fine-tuning, and deploying large language models. The company operates a managed inference service and model hosting platform that enables developers and enterprises to run open-source and proprietary models at scale. Together AI's core offering allows customers to access GPU compute resources specifically optimized for LLM workloads without building infrastructure in-house. The company positions itself in the competitive inference and model deployment segment, competing with services like Replicate, Modal, and cloud providers' native ML offerings. Together AI emphasizes open-source model support and cost-efficient inference through optimized serving techniques. The platform supports popular models including Llama, Mistral, and other community-developed architectures. With $228 million in total funding and a $1.3 billion valuation as of its Series B stage, Together AI has secured substantial capital to expand its infrastructure and product capabilities. The company serves use cases spanning application development, research, and enterprise deployment scenarios. Its growth trajectory reflects increased demand for accessible LLM infrastructure alternatives to proprietary API providers, though the market remains highly competitive with low switching costs and commoditizing pricing dynamics. Together AI addresses the infrastructure gap for organizations seeking open-source LLM deployment alternatives to closed commercial APIs.
Which company was founded first?
Tenstorrent got there first, launching in 2016 — that's 6 years of extra runway. Together AI didn't arrive until 2022. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Tenstorrent has about 400 employees; Together AI has about 100. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Tenstorrent and Together AI competitors?
Yes — they're direct rivals. Both Tenstorrent and Together AI 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 Together AI 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