TensorWave Boosts Cloud Infrastructure with $100M Funding
Wednesday, May 14, 2025, 7:20 am
TensorWave has raised $100 million to scale its AMD-powered cloud infrastructure for AI training clusters, reinforcing its position as an emerging rival to established GPU heavyweights. The substantial funding underscores growing industry demand for high-performance cloud solutions and next-gen computing power.
TensorWave Inc., a graphics processing unit cloud platform for artificial intelligence that’s focused on offering an alternative to Nvidia Corp.’s market dominance through Advanced Micro Devices Inc. chips, announced today that it has raised $100 million in an early-stage funding round led by…
TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure. The funding round was led by Magnetar and AMD Ventures, and brings the company’s total capital raised to $146.7 million,…
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