From Yahoo Finance: 2025-05-15 10:03:00

TensorWave, an AMD-powered AI infrastructure solutions provider, has secured $100m in Series A funding led by Magnetar and AMD Ventures. The funding will support the deployment of over 8,000 AMD Instinct MI325X GPUs for a dedicated training cluster, with the aim of exceeding $100m in revenue by year-end. The investment will also be used to expand the team and accelerate the deployment of its AI infrastructure. AMD Ventures’ investment is part of its strategy to enhance its presence in the AI infrastructure market, ensuring its technologies are available at scale for leading AI companies and enterprises.



Read more at Yahoo Finance: TensorWave secures $100m in Series A funding