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TensorWave raises $100M to grow its AMD-powered cloud infrastructure

TechCrunch LogoTechCrunch15h ago

TensorWave raises $100M to grow its AMD-powered cloud infrastructure - TechCrunch

Quick Summary:

TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure.

The funding round was led by Magnetar and AMD Ventures, and brings the company’s total capital raised to $146.7 million, according to Crunchbase.

TensorWave recently deployed a “dedicated training” cluster of around 8,000 AMD Instinct MI325X GPUs.

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Article Details

Author / Journalist: Kyle Wiggers

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 11:00:00 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 564 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 28709716

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