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WHTop → 📋 News → TensorWave Secures $100M to Scale Its AMD-Powered AI Infrastructure
TensorWave Secures $100M to Scale Its AMD-Powered AI Infrastructure
📅 - Photo: TensorWave was founded in 2023 in the United States by Jeff Tatarchuk (left), Darrick Horton (middle), and Piotr Tomasik (right).
U.S.-based AI infrastructure startup TensorWave has announced a $100 million Series A funding round aimed at scaling its high-performance computing offerings for the AI industry. The round was co-led by Magnetar and AMD Ventures, with participation from Prosperity7, Maverick Silicon, and Nexus Venture Partners.
The capital injection would underscore both investor confidence in TensorWave's momentum and the growing demand for AI infrastructure alternatives beyond the dominant players.
Founded with a mission to democratize access to advanced AI compute, [...][... Check source for end of article ...]
Saudi Arabia has launched an ambitious new state-backed artificial intelligence venture, HUMAIN, with the goal of becoming a global AI leader - and it's doing so in close collaboration with top American technology companies. Backed by the Public Investment Fund (PIF), the kingdom's $940 billion sovereign wealth fund, HUMAIN is already striking major deals with U.S. firms including NVIDIA, AWS, Qualcomm, AMD and Groq.
HUMAIN is committing billions of dollars toward infrastructure, AI development, and workforce [...]
📅 - CoreSite Selects Nokia to Power IP Network Across 30 U.S. Data Centers - U.S. data center colocation provider CoreSite has selected Nokia to deliver a high-performance IP routing-based edge and core network solution across its national footprint. The partnership aims to support the increasing demand for reliable and scalable interconnection services, particularly for AI-driven and data-intensive enterprise workloads.
Under the agreement, Nokia will deploy its 7250 Interconnect Router (IXR-s) and 7750 Service Router (SR) across 30 CoreSite data centers in 11 major U.S. markets. The deployment is designed to handle the surging requirements of high-performance computing (HPC), artificial intelligence (AI), and multicloud environments. With over 40,000 [...]
📅 - Schneider Electric Breaks Ground on U.S. Manufacturing Facility - Schneider Electric, global provider of energy management and automation solutions for the data center industry and beyond, broke ground on a U.S. expansion project in Columbia, Missouri, alongside Governor Mike Kehoe and other local government and business leaders.
With the event, work on a 58,000-square-foot extension to the company's current Columbia production site officially begins. This facility intends to help Schneider Electric stay competitive and agile, improve the resilience of its domestic supply chain across the United States, and streamline its production of molded case and air circuit breakers as well as order fulfillment processes by implementing next-generation [...]
📅 - EU Unveils Centralized Database to Boost Cybersecurity - The European Union took a decisive step this week toward enhancing its collective cybersecurity posture with the launch of the European Vulnerability Database (EUVD). Spearheaded by the European Union Agency for Cybersecurity (ENISA), this initiative introduces a centralized, reliable platform for tracking cybersecurity vulnerabilities across information and communication technology (ICT) products and services within the EU.
The EUVD is not only a significant tool for cyber defense, but also marks a turning point in Europe's ambition to assert digital sovereignty and operational resilience in the face of escalating cyber threats.
Developed in accordance with the EU's revised [...]
📅 - Databricks Acquires Neon to Power AI with Serverless Postgres - Global data and AI company Databricks has announced its agreement to acquire Neon, a leading provider of serverless Postgres solutions. The move would underscore Databricks' ambition to advance the infrastructure behind AI-native applications and enhance its developer ecosystem with a scalable, cost-efficient, and flexible database technology tailored for AI agent workloads.
Neon's cloud-native Postgres platform is specifically designed to support the rise of AI agents - automated systems that act autonomously or semi-autonomously based on data inputs. Recent telemetry from Neon reveals that over 80% of databases provisioned on its platform were not initiated by human users but by AI [...]
📅 - Colt DCS Begins €2.3B AI-Ready Data Center Expansion Near Paris - Colt Data Centre Services (Colt DCS) has officially commenced construction of a new data center facility near Paris, initiating a €2.3 billion investment plan aimed at strengthening France's position in the European digital infrastructure landscape. The groundbreaking for Colt Paris 2, located on a 12.5-acre site in Villebon-sur-Yvette, marks the beginning of an ambitious rollout of five new data centers to be completed by 2031.
This new facility is the first in a trio of data centers - Colt Paris 2, 3, and 4 - planned for the Villebon site. Additionally, two more centers, Colt Paris 5 and 6, will be built on a separate 5.3-acre plot in Les Ulis, near the company's existing data center [...]