AIThe Next Web5 days ago
TensorWave raises $350M for AMD-only AI cloud
1 min read
TensorWave raised $350M in Series B funding led by AMD and Magnetar Capital at a $1.55B valuation. The startup runs AI data centers exclusively on AMD chips, positioning as an Nvidia alternative. The capital will expand data-center capacity and deploy more AMD Instinct MI325X accelerators.
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