AI infrastructure firm TensorWave raises $100 million in latest funding
- TensorWave, an AI-focused cloud computing startup headquartered in Las Vegas, secured $100 million in a Series A funding round announced on May 14, 2025.
- TensorWave secured $100 million in Series A financing, with Magnetar and AMD Ventures serving as primary backers alongside new investor Prosperity7, building on its previous $43 million seed round to advance growth in AI infrastructure.
- TensorWave operates one of the largest AI training clusters using 8,192 AMD Instinct MI325X GPUs, distinguishing itself from competitors that primarily use Nvidia hardware.
- CEO Darrick Horton emphasized that the $100 million investment will drive TensorWave's efforts to broaden availability of advanced AI computing technology, supporting the company’s goal to grow its resources and accelerate operations.
- The funding is expected to support cluster expansion, increase headcount, and strengthen TensorWave’s role as an emerging leader in the rapidly growing AI infrastructure sector projected to exceed $400 billion by 2027.
11 Articles
11 Articles
TensorWave Raises $100M to Build the Future of AI Infrastructure
In a big swing that signals just how hot the AI infrastructure race has become, TensorWave announced a $100 million Series A funding round co-led by Magnetar and AMD Ventures, with participation from Maverick Silicon, Nexus Venture Partners, and new investor Prosperity7. The Las Vegas–based startup isn’t building AI models — it’s building the high-powered, GPU-fueled foundation they run on. And if you’ve been tracking the escalating battle for c…
AI infrastructure startup TensorWave raises $100M to meet soaring demand for AI compute - Tech Startups
Las Vegas-based startup TensorWave has secured $100 million in fresh funding as it bets big on the growing demand for AI infrastructure. The new Series A round was led by Magnetar and AMD Ventures. Other investors include existing backers Maverick […] The post AI infrastructure startup TensorWave raises $100M to meet soaring demand for AI compute first appeared on Tech Startups.
AI infrastructure firm TensorWave raises $100 million in latest funding
TensorWave, a Las Vegas-based startup, announced on Wednesday that it has secured $100 million in the latest funding round, as it aims to capitalize on the rapidly expanding AI infrastructure market.The company, however, did not disclose the valuation at which the funding was raised.The Series A fundin
TensorWave Secures $100M to Scale Its AMD-Powered AI Infrastructure - HostingJournalist.com
Photo: TensorWave was founded in 2023 in the United States by Jeff Tatarchuk (left), Darrick Horton (middle), and Piotr Tomasik (right).U.S.-based AI infrastructure startup TensorWave has announced a $100 million Series A funding round aimed at scaling its high-performance computing offerings for the AI industry. The round was co-led by Magnetar and AMD Ventures, with participation from Prosperity7, Maverick Silicon, and Nexus Venture Partners.T…
Coverage Details
Bias Distribution
- 60% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage