TensorWave has secured $350 million in Series B funding, co-led by Magnetar and AMD Ventures, marking a significant follow-on round for the all-AMD AI cloud. This capital infusion will fuel the expansion of their global AI infrastructure, specifically through the deployment of next-generation AMD Instinct™ MI355X GPUs. The company focuses on high-performance, memory-intensive AI workloads.
Amount: $350.0M