onlyTrustedInfo.comonlyTrustedInfo.comonlyTrustedInfo.com
Notification
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Reading: AI infrastructure firm TensorWave raises $100 million in latest funding
Share
onlyTrustedInfo.comonlyTrustedInfo.com
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Search
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
  • Advertise
  • Advertise
© 2025 OnlyTrustedInfo.com . All Rights Reserved.
Finance

AI infrastructure firm TensorWave raises $100 million in latest funding

Last updated: May 13, 2025 8:00 pm
Oliver James
Share
1 Min Read
AI infrastructure firm TensorWave raises 0 million in latest funding
SHARE

(Reuters) -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 funding round was led by Magnetar and AMD Ventures along with participation from existing partners, including Maverick Silicon and Nexus Venture Partners, and new investor Prosperity7.

With the growing demand for AI computing resources, companies such as TensorWave are emerging as key players by offering the tools and infrastructure required to efficiently train AI models and optimize workloads.

“The funding comes at a time when the AI infrastructure market is experiencing unprecedented growth, with recent industry reports projecting the AI infrastructure market to exceed $400 billion by 2027”, the company said.

With the latest fundraise, the startup plans to scale operations, expand its team and accelerate the deployment of AMD-powered GPU clusters tailored for AI model training.

“This $100M funding propels TensorWave’s mission to democratize access to cutting-edge AI compute,” said TensorWave CEO Darrick Horton.

(Reporting by Priyanka.G in Bengaluru; Editing by Vijay Kishore)

You Might Also Like

Tariffs Got You Worried? 6 Cheap Ways To Enjoy Your Summer Anyway

Trump tariffs’ effect on consumer prices debated by economists

ETH and SOL remain bullish, BTC price hits $85K amid Michael Sayor’s latest signal

Rivian vs. Lucid: 1 Reason Jim Cramer Likes One Stock Over the Other

I’m a Mechanic: 5 Affordable Family Cars That Don’t Break Down as Much

Share This Article
Facebook X Copy Link Print
Share
Previous Article Trump’s tariffs have launched global trade wars. Here’s a timeline of how we got here Trump’s tariffs have launched global trade wars. Here’s a timeline of how we got here
Next Article Supreme Court revives suit against cop who fatally shot driver stopped for unpaid tolls Supreme Court revives suit against cop who fatally shot driver stopped for unpaid tolls

Latest News

OpenAI quickly rolled back a new feature that allowed users to make private conversations with ChatGPT searchable
OpenAI quickly rolled back a new feature that allowed users to make private conversations with ChatGPT searchable
Tech July 31, 2025
CEO Tim Cook says Apple ready to open its wallet to catch up in AI
CEO Tim Cook says Apple ready to open its wallet to catch up in AI
Tech July 31, 2025
Army Secretary withdraws West Point job offer to former Biden official amid pressure from far-right activist
Army Secretary withdraws West Point job offer to former Biden official amid pressure from far-right activist
News July 31, 2025
WATCH: New requirements for firearms dealers kick in as permit to purchase looms
WATCH: New requirements for firearms dealers kick in as permit to purchase looms
News July 31, 2025
//
  • About Us
  • Contact US
  • Privacy Policy
onlyTrustedInfo.comonlyTrustedInfo.com
© 2025 OnlyTrustedInfo.com . All Rights Reserved.