TensorWave raised $43M in SAFE funding led by Nexus VP to advance AI compute solutions in Nevada.
10/08/24, 12:08 PM
Location
las vegasMoney raised
$43 million
Industry
information technology
artificial intelligence
Investors
Amd Ventures, Startup Nv, Javelin Venture Partners, Translink Capital, Maverick Capital, Nexus Vp
TensorWave has closed a significant $43 million SAFE funding round, marking the largest in Nevada's startup history. This funding will help TensorWave scale its operations and enhance its AI GPU cloud platform.
Company Info
Location
las vegas, nevada, united states
Additional Info
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.