<ul><li>TensorWave, a GPU cloud provider focusing on AI compute capabilities via AMD Instinct's GPUs, raised $100 million in Series A funding round led by Magnetar Capital and AMD Ventures.</li><li>This funding follows a previous $43 million raised in SAFE funding. The new investment will support TensorWave's expansion, workforce increase, and deployment of an 8,192 Instinct MI325X-powered training cluster.</li><li>The company aims to establish itself as a leader in the AI infrastructure market by offering accessible, scalable compute services powered by AMD's technology.</li><li>With AI infrastructure agreements in place and support from investors, TensorWave is set to democratize access to cutting-edge AI compute and enhance the AI infrastructure ecosystem.</li></ul>

TensorWave Raises $100 Million in Series A Funding

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