Corporate Development Associate, Tenstorrent
$100-500k
Next-generation computing company building computers for AI
Be an early applicant
Next-generation computing company building computers for AI
1001+ employees
Be an early applicant
$100-500k
1001+ employees
Company mission
To bring unique solutions to the problems facing AI and machine learning.
Role
Who you are
- A self-starter who takes on responsibility quickly and operates independently, comfortable working directly with C-suite
- Strategically sharp, with the analytical rigor to frame and pressure-test high-stakes decisions
- Ideal candidates will have fast-paced professional environment experience (investment banking, private equity, or management consulting, strategy as examples)
- Comfort with interfacing with senior counterparties, from investors and partners to government and industry leaders
- Curious about semiconductors, data centers, and AI, with the drive to go deep on both the technology and the market
- Execute M&A, from sourcing and diligence through modeling, negotiation, and close
- Lead financial and business modeling that underpins fundraising, deals, and strategic decisions
- Build and manage partnerships and strategic sales across the AI, semiconductor, and data center ecosystem
- Prepare board-level and corporate strategy materials in close partnership with executive leadership
- Support fundraising and government relations, owning process and engagement with key external stakeholders
What the job involves
- Tenstorrent is building the next generation of AI and RISC-V compute
- The Corporate Development Associate works at the center of the company’s most consequential transactions and strategic decisions, partnering directly with the C-suite across M&A, fundraising, partnerships, and corporate strategy
- It is a high-trust, high-autonomy role for someone who takes on responsibility quickly and operates independently from day one
- What You Will Learn
- How capital is raised and deals get done at a company defining the future of compute
- The economics and competitive dynamics of the AI hardware, semiconductor, and data center markets
- What it takes to operate at the center of corporate strategy alongside an exceptional executive team
- Direct exposure to translating complex technical and financial questions into clear decisions for leadership
Our take
Tenstorrent is a US- and Canada-based semiconductor startup specializing in processors for AI workloads. Rather than building gneral-purpose CPUs or GPus, the company develops custom chips and sofrware optimized for running moder AI models. As demand for AI accelerates, and as a global chip shortage reshapes the semiconductor industry, these trends have become strong tailwinds for Tenstorrent.
The company’s unique approach is to build for this future software, which it believes will be written at a higher level. Combining this with conditional computing, Tenstorrent supports a scalable distributed network approach that is analogous to a human brain.
While the market for specialized AI hardware is destined to be gigantic, the company has to compete with a plethora of hopeful startups (as well as major tech companies like NVIDIA and Qualcomm). That said, Tenstorrent boasts an excellent trajectory so far, with its latest moves including unveiling its high-end Wormhole AI processors, and a partnership with LG which will see the development of chips for "Affectionate Intelligence".
Kirsty
Company Specialist at Welcome to the Jungle
Insights
52% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Dec 2024
$693m
SERIES D
Jun 2024
$300m
LATE VC
Total funding: $1.3bn
Company HQ
Flemingdon Park, Toronto, ON
Leadership
Jim Keller
(CEO)Previously Senior VP of Silicon Engineering at Intel Corporation, VP of Autopilot Hardware Engineering at Tesla, Corporate VP and Chief Architect at AMD, and VP of Engineering at Apple.
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