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TensorWave Raises $350 Million Series B at $1.55B Valuation to Expand Global AMD-Powered AI Infrastructure.
PRIVATEJun 10, 2026•2 months ago
Amount Raised
$350 Million
Round Type
Series B
Las VegasInformation TechnologyArtificial Intelligence
Investors
Western FrontierNexus Venture PartnersMaverick SiliconAmd VenturesMagnetar
Description
TensorWave has raised $350 million in Series B funding to expand its global AI infrastructure. The round was co-led by Magnetar and AMD Ventures, with participation from Maverick Silicon, Nexus Venture Partners, and Western Frontier. The new capital will enable the deployment of next-generation AMD GPU clusters for AI workloads. This investment meets the growing demand for scalable, high-performance AI compute.
Company Information
Company
TensorWave
Location
Las Vegas, Nevada, United States
About
TensorWave is an AI GPU cloud platform that democratizes compute for AI workloads, providing scalable and high-performance solutions. Their services leverage AMD Instinct™ Series GPUs to eliminate long wait times and complexities of on-prem server management. They are focused on addressing challenges in GPU availability and options for startups, enterprises, and researchers. With recent funding, TensorWave aims to expand its team and enhance its AI compute infrastructure.
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Las VegasInformation TechnologyArtificial Intelligence