Sees company valued at $1.55bn
Fully AMD-based AI cloud provider TensorWave has secured $350 million in a Series B funding round.
The round, co-led by Magnetar and AMD Ventures, saw TensorWave valued at $1.55 billion.
– TensorWave
The round also saw participation from Maverick Silicon, Nexus Venture Partners, and Western Frontier.
According to TensorWave, the funding will enable the AI cloud to continue expanding its AI infrastructure footprint, including the deployment of AMD Instinct MI355X GPU clusters.
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