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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.
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Dataconomy broke the news in on Wednesday, May 14, 2025.
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