Founders / Ljubisa Bajic
Ljubisa Bajic
Ljubisa Bajic is the CEO and co-founder of Taalas, an AI hardware and semiconductors company based in Toronto. Ljubisa Bajic co-founded Taalas with Lejla Bajic and Drago Ignjatovic. Ljubisa Bajic is also a former co-founder of Tenstorrent. Taalas had raised US$219M across 3 rounds as of November 2026, most recently a US$169M venture round in February 2026 from Quiet Capital, Fidelity and Pierre Lamond. Taalas agreed to be acquired by AMD in August 2026. The Canadian AI Newsletter last covered Taalas in August 2026.
CEO/Co-founder of Taalas. Formerly Co-founder (former CEO/CTO) of Tenstorrent.
Taalas
AI chips hardwired to silicon.
- Role
- CEO/Co-founder
- HQ
- Toronto, ON
- Founded
- 2023
- Status
- Agreed to be acquired by AMD
- Disclosed raised
- US$219M
- Latest round
- Venture round, Feb 19, 2026
- Website
- taalas.com
Co-founders: Lejla Bajic, Drago Ignjatovic
Investors: Quiet Capital, Pierre Lamond, Fidelity
Tenstorrent
AI chips (Jim Keller).
- Former role
- Co-founder (former CEO/CTO)
- HQ
- Santa Clara, CA, US
- Founded
- 2016
- Status
- Active
- Disclosed raised
- US$2.5B
- Latest round
- Series E, Oct 19, 2026
- Website
- tenstorrent.com
Co-founders: Jim Keller, Milos Trajkovic, Ivan Hamer
Investors: Trace Capital, Innovation X, Samsung Securities, AFW Partners, Hyundai Motor Group, Samsung Catalyst Fund, Fidelity, Eclipse Ventures, and 9 more
In the newsletter
- CanadianAI: Dayforce buys Ribbon AI, and meet Steel, the Toronto-built browser for AI agents with 35M sessionsOct 27, 2026
- CanadianAI: Anthropic signs on for a $10B data centre in Cape Breton, and Tenstorrent raises US$1.5BOct 20, 2026
- CanadianAI: Ontario charges data centres full freight, and Convictional gives the money backAug 18, 2026
- CanadianAI: AMD buys Taalas, and Alberta pitches data centres as digital refineriesAug 11, 2026
- CanadianAI: A month of Canadian AI in one issue, an AI takes the CEO seatAug 4, 2026
- CanadianAI: The State of Canadian AI, H1 2026Jul 28, 2026
- CanadianAI:A US$220M contract for sovereign AI, and Qualcomm circles a Toronto companyJun 23, 2026
- Canadian AI: Ottawa's $890M supercomputer bid, a $92M chip exit, and AI that reads cancer cellsApr 21, 2026
- Canadian AI: Taalas and LawZero raising $100M+ eachFeb 24, 2026
Founders are listed as named in primary coverage of their companies. Profile links are matched to the company before they are published. To correct this page or ask for it to be removed, email the Index.
Data as of November 10, 2026.