TensorWave

“Raises $350M Series B Round from Magnetar Capital, Nexus Venture Partners at $1.55B Valuation”

“TensorWave, which specifically uses AMD GPU clusters rather than Nvidia, raised $350M at a $1.55B valuation. This is a quiet signal that investors are hedging on GPU supply chain concentration risk.”

“provides cloud infrastructure for AI companies using AMD chips instead of Nvidia GPUs… Raised $350M Series B at $1.55B valuation”