TensorWave Secures $100 Million in Series A Funding to Accelerate AI Infrastructure Growth
TensorWave, a leader in AMD-powered AI infrastructure solutions, has raised $100 million in Series A funding to support its rapidly growing AI compute capabilities.
The funding round, led by Magnetar and AMD Ventures, with continued support from Maverick Silicon, Nexus Venture Partners, and new investor Prosperity7, will propel the company’s mission to democratize access to cutting-edge AI compute infrastructure. The new capital positions TensorWave to address the ever-growing demand for AI resources.
Scaling with AMD Instinct MI325X GPUs
The investment will primarily support TensorWave’s deployment of over 8,000 AMD Instinct™ MI325X GPUs for a dedicated AI training cluster.
The cluster, which is central to TensorWave’s operations, will serve as a critical resource for AI model training and inference, meeting the rising demand for AI infrastructure in both enterprise and research sectors. The company is on track to close the year with a revenue run rate surpassing $100 million, reflecting a remarkable 20x year-over-year increase.
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Transforming the AI Infrastructure Market
Piotr Tomasik, President of TensorWave, said, “The $100 million we've secured will transform how enterprises access AI computing resources.”
He added, “Through careful cultivation of strategic partnerships and investor relationships, we've positioned TensorWave to solve the critical infrastructure bottleneck facing AI adoption. Our Instinct MI325X cluster deployment isn't just about adding capacity, it's about creating an entirely new category of enterprise-ready AI infrastructure that delivers both the memory headroom and performance reliability that next-generation models demand.”
TensorWave’s vision to provide scalable, reliable AI infrastructure is poised to drive the next generation of AI applications across industries, making a lasting impact on the AI compute landscape.
