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TensorWave Secures $100 Million Series A Funding Co-Led by Magnetar and AMD Ventures

1. TensorWave raises $100 million in Series A funding for AMD-powered AI solutions. 2. The investment strengthens AMD's position in the AI infrastructure market.

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Why Bullish?

The funding for TensorWave signifies strong market confidence in AMD's AI technologies. Historical success examples include increased revenues post-investments in AI-related ventures.

How important is it?

The substantial funding directed towards AMD solutions highlights market optimism and enhances AMD's growth prospects.

Why Long Term?

As AI demand grows, AMD's ecosystem benefits, resulting in sustained revenue increase over time.

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LAS VEGAS--(BUSINESS WIRE)--TensorWave, the emerging leader in AMD-powered AI infrastructure solutions, today announced it has raised $100 million in Series A funding. Magnetar and AMD Ventures led the round, with continued support from Maverick Silicon, Nexus Venture Partners, and new investor Prosperity7. This funding builds on the company's earlier SAFE round and positions TensorWave to capitalize on the growing demand for next-gen AI compute infrastructure. The investment aligns with Tensor.

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