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

LAS VEGAS--(BUSINESS WIRE)--May 14, 2025--

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.

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The investment aligns with TensorWave's deployment of over 8,000 AMD Instinct™ MI325X GPUs for a dedicated training cluster, establishing the company as a key player in the AI infrastructure ecosystem. TensorWave is on track to close the year with a revenue run rate exceeding $100 million — a 20x year-over-year increase.

"This $100M funding propels TensorWave's mission to democratize access to cutting-edge AI compute," said Darrick Horton, CEO of TensorWave. "Our 8,192 Instinct MI325X GPU cluster marks just the beginning as we establish ourselves as the emerging AMD-powered leader in the rapidly expanding AI infrastructure market.”

The new capital will fuel TensorWave’s operational growth, team expansion, and the accelerated deployment of its Instinct MI325X-powered training cluster. This growth comes at a pivotal moment, as demand for AI computing resources continues to outstrip supply and organizations seek alternatives to limited infrastructure options.

“The $100 million we've secured will transform how enterprises access AI computing resources," said Piotr Tomasik, President of TensorWave. "Through careful cultivation of strategic partnerships and investor relationships, we've positioned TensorWave to solve the critical infrastructure bottleneck facing AI adoption. Our Instinct MI325X cluster deployment isn't just about adding capacity, it's about creating an entirely new category of enterprise-ready AI infrastructure that delivers both the memory headroom and performance reliability that next-generation models demand.”

“Our focus is to continue to expand the ecosystem and support developers with the tools, infrastructure, and performance they need to create, scale, and ship production-ready AI,” shares Jeff Tatarchuk, TensorWave’s Chief Growth Officer.

AMD Ventures’ strategic investment in TensorWave reinforces the commitment of AMD to expand its footprint in the AI infrastructure space and ensures its latest technologies are available in the cloud and at-scale for leading AI companies and enterprises.

“TensorWave is a key player in the growing AMD AI ecosystem,” said Mathew Hein, SVP Chief Strategy Officer & Corporate Development, AMD. “Their expanding portfolio of AI and enterprise customers coupled with their expertise in deploying AMD compute infrastructure is driving demand for access to their cutting-edge AI compute services. We're excited to support their next phase of growth.”

“We continue to be highly impressed by what the TensorWave team has built in just a short period of time. TensorWave is not just bringing more compute but rather an entirely new class of compute to a capacity-constrained market. We think this will be highly beneficial to the AI infrastructure ecosystem writ large, and we’re thrilled to continue our support of the company,” said Kenneth Safar, Managing Director at Maverick Silicon.

The funding comes at a time when the AI infrastructure market is experiencing unprecedented growth, with recent industry reports projecting the AI infrastructure market to exceed $400 billion by 2027. TensorWave's focus on technology-powered solutions and continued partnerships with firms like TECFusions positions the company to capture a significant portion of this expanding market.

For additional information please visit: https://tensorwave.com.

About TensorWave

TensorWave is the AI and HPC cloud purpose-built for performance. Powered exclusively by AMD Instinct™ Series GPUs, we deliver high-bandwidth, memory-optimized infrastructure that scales with your most demanding models—training or inference. For more information please visit https://tensorwave.com.

TensorWave Secures $100 Million Series A Funding Co-Led by Magnetar and AMD Ventures. Funding Fuels Rapid Deployment of Massive AMD Instinct MI325X GPU Training Cluster and Supports Scaling for Surging AI Infrastructure Needs

ANAHEIM, Calif. (AP) — You’ve done something special when Torii Hunter, a nine-time Gold Glove Award winner known for his acrobatic catches, calls what you just did “probably the greatest defensive game I’ve ever seen.”

That was the praise Hunter heaped on the Los Angeles Angels' Jo Adell after the right fielder made three homer-robbing catches, the last a spectacular leaping grab while crashing into the seats near the right-field foul pole in the ninth inning, in a 1-0 victory over the Seattle Mariners on Saturday night.

“I’ve never seen three home run robberies in one game, and I’ve never seen a guy on the third one fall into the stands, catch the ball and keep his feet in like he’s a wide receiver,” said the 50-year-old Hunter, a special assistant to the general manager who watched the game from the bench. “I was jumping up and down. I almost passed out.”

Adell, who struggled on defense for several years before transforming into a Gold Glove finalist in 2024, leaped high above the yellow line on the wall in straight-way right field to deny Cal Raleigh of a solo homer in the first inning, and made a nearly identical catch to against Josh Naylor in the eighth.

J.P. Crawford then led off the ninth with a drive toward the right-field corner, where Adell raced toward the ball, leaped to glove it, flipped over the low wall and fell into the first row of seats before holding his glove up to present the catch, which was upheld after a replay review.

“After the first one, I was pretty fired up,” Adell said. “When I got to the second one, which looked identical to the first, I thought, ‘Wow, my routes are on point tonight.’ The third one was just grit. Top of the ninth, you have to get it done. It was crazy.

“You just get there, then it’s decision-making. The ball was hit high enough to where I could get there. I watched it (into my glove), fell over and ended up in somebody’s lap. I don’t know who it was, but it was a softer landing than I expected. The fans were as fired up as me.”

According to Inside Edge, Adell has 10 home run robberies since 2020, tied with Kyle Tucker of the Dodgers for the most in the big leagues. The outfielders with the most home run robberies in the entire 2025 season were Jacob Young of the Nationals and Fernando Tatis of the Padres. Both had four.

This was believed to be the first time in baseball history a player has robbed three homers in one game.

“It was like a movie scene,” Hunter said about Adell’s third catch. “It was like the music was playing, then he caught the ball, then he went down and we didn’t see him anymore. The music paused, he came up and said, ‘Yeah!’ I started cheering and almost blacked out.”

Hunter, the former Minnesota Twins, Angels and Detroit Tigers star, has worked extensively with Adell on defense during the past few years.

“His impact has been huge,” Adell said. “It’s mental when you’re out there — it’s a mindset of going to get the baseball, being aggressive. Early, I was caught in between on some plays, and sometimes that happens.

“When you err on the side of being aggressive and trying to make the plays, you’d be surprised at how many plays you make. That’s the mindset Torii had all those years, winning all those Gold Gloves.”

P MLB: https://apnews.com/hub/mlb

Los Angeles Angels left fielder Jo Adell (7) jumps up to catch a ball hit by Seattle Mariners' Josh Naylor (12) during the eighth inning of a baseball game Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels catcher Logan O'Hoppe (14) and left fielder Jo Adell (7) embrace at the end of a baseball game against the Seattle Mariners, Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels Jo Adell (7) is greeted by teammates at the end of a baseball game against the Seattle Mariners, Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels left fielder Jo Adell (7) catches a ball hit by Seattle Mariners' J.P. Crawford during the ninth inning of a baseball game Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels left fielder Jo Adell (7) catches a ball hit by Seattle Mariners' J.P. Crawford during the ninth inning of a baseball game Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)