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Data center infrastructure startup TensorWave raises $350M to help break Nvidia’s AI chip monopoly

Cloud-based artificial intelligence infrastructure startup TensorWave Inc. said today it has closed on a bumper 350 million Series B funding round as it strives to meet demand for an alternative to Nv

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Cloud-based artificial intelligence infrastructure startup TensorWave Inc. said today it has closed on a bumper 350 million Series B funding round as it strives to meet demand for an alternative to Nvidia Corp.’s graphics processing units. The round was co-led by Magnetar and AMD Ventures, the venture capital arm of the chipmaker Advanced Micro Devices […] The post Data center infrastructure startup TensorWave raises 350M to help break Nvidia’s AI chip monopoly appeared first on SiliconANGLE.

Source: SiliconANGLE | 2026-06-11

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