TensorWave Raises $350 Million Series B at $1.55B Valuation to Expand Global AMD-Powered AI Infrastructure
Summary
TensorWave raised $350 million in Series B funding at a $1.55 billion valuation. The company will use the capital to expand its global AMD-powered AI infrastructure and deploy next-generation MI355X GPU clusters. It already operates one of the largest AMD-based AI training clusters in North America and plans additional data center regions. The company also plans to hire across engineering, infrastructure, operations, sales, and customer success as it scales.
Funding
Amount
$350.0M
Total raised
Date
June 10, 2026
Announcement date
Investors
Magnetar Capital
Lead investors
Company
tensorwave.com
Funded company
Classifications
industries
InsurTech
applications
AI & Machine learning
AskAI Classifications
Labels
Cloud Infrastructure Software
Infrastructure as a Service
MLOps Platform
Linked Companies
TensorWave
$5M to $10M