AISiliconANGLE2 days ago
TensorWave raises $350M to challenge Nvidia's AI monopoly
1 min read
TensorWave closed a $350 million Series B funding round co-led by Magnetar and AMD Ventures, reaching a $1.55 billion valuation. The startup exclusively uses AMD chips and software, refusing to buy Nvidia hardware. CEO Darrick Horton aims to restore competition in the AI infrastructure market by offering an alternative to Nvidia's GPUs.
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