Corporate Development Manager (AI)

Location: Hybrid or remote, based out of Santa Clara, California; Austin, Texas; Boston, Massachusetts; Toronto, Ontario; or New York, New York. Employment is contingent upon eligibility to access U.S. export-controlled technology and may depend on citizenship, permanent residency, or prior export-license approval.

Company

Tenstorrent develops AI and RISC-V compute hardware and licenses its technology to partners worldwide.

What you will do

• Own transaction workstreams from evaluation through negotiation and execution across fundraising, M&A, strategic partnerships, licensing, and commercial transactions.
• Lead due diligence, data-room management, transaction execution, and coordination with internal teams and external advisers.
• Build financial analyses and models covering M&A scenarios, financing alternatives, partnership and licensing economics, and business cases.
• Structure commercial terms, negotiate term sheets and definitive documentation, and manage relationships with partners, customers, investors, and advisers.
• Prepare board, investor, and executive materials and present strategic recommendations to the CEO, CSO, and executive team.
• Coordinate engineering, product, sales, legal, and finance teams while managing and developing junior team members.

Requirements

• Experience leading complex workstreams independently and managing several direct reports.
• Strong analytical and commercial judgment, including financial modeling and valuation using discounted cash flow, comparable company, and precedent transaction methods.
• Ability to lead negotiations, communicate clearly with senior stakeholders, and represent the company with partners, customers, investors, and advisers.
• Knowledge of, or strong interest in, the AI, semiconductor, data center, and technology markets.
• Willingness to travel when required by transactions.
• Eligibility to access U.S. export-controlled technology is required; citizenship, permanent residency, or export-license approval may be necessary.

Culture & Benefits

• Collaborative environment focused on curiosity, difficult technical problems, and building an advanced AI platform.
• Direct exposure to the CEO, Chief Strategy Officer, executive team, investors, and major technology partners.
• Opportunity to work across capital raising, M&A, licensing, strategic partnerships, and government and sovereign AI programs.
• Competitive compensation package and benefits.
• Equal opportunity employment environment.