From Yahoo Finance: 2025-05-14 07:02:00

Las Vegas-based startup TensorWave secures $100 million in funding round to capitalize on AI infrastructure market growth. Funding led by Magnetar and AMD Ventures, with participation from existing and new partners. Demand for AI computing resources drives growth in the market, projected to exceed $400 billion by 2027. Company plans to scale operations and deploy AMD-powered GPU clusters for AI model training. CEO Darrick Horton aims to democratize access to cutting-edge AI compute.



Read more at Yahoo Finance: AI infrastructure firm TensorWave raises $100 million in latest funding