TensorWave Raises $100M Series A to Scale AMD-Powered AI Infrastructure

TensorWave is deploying over 8,000 AMD Instinct MI325X GPUs to power a dedicated AI training cluster.

TensorWave Raises $100M Series A to Scale AMD-Powered AI Infrastructure
Source: TensorWave

Company Name: TensorWave
Location: Las Vegas, NV
Industry: AI Infrastructure

Funding Details:

  • Amount: $100M
  • Round: Series A
  • Investors:
    • Lead: Magnetar and AMD Ventures
    • Participants: Maverick Silicon, Nexus Venture Partners, Prosperity7

Purpose of Investment:

  • Accelerate operational growth
  • Expand team
  • Deploy large-scale AI training clusters powered by AMD Instinct MI325X GPUs

Leadership:

  • CEO: Darrick Horton

Product:
TensorWave is building the AI and HPC cloud purpose-built for performance, leveraging AMD’s high-bandwidth, memory-optimized infrastructure. It is specifically designed to handle demanding AI model training and inference workloads.

About Company:
TensorWave is deploying over 8,000 AMD Instinct MI325X GPUs to power a dedicated AI training cluster. The company is rapidly scaling, with a projected revenue run rate of over $100 million by year-end, representing a 20x year-over-year growth. Its infrastructure is optimized for next-gen model demands in AI and scientific computing.

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