TensorWave Aims to Challenge Nvidia with AMD-Powered AI Cloud Solution

TensorWave Aims to Challenge Nvidia with AMD-Powered AI Cloud Solution
TensorWave, a new startup founded in late 2023, is disrupting the AI cloud market by exclusively offering AMD hardware to compete with Nvidia's dominant GPU offerings. CEO Darrick Horton highlights the need for more competition in AI compute, citing Nvidia's monopoly as detrimental to innovation. Based in Las Vegas, TensorWave is already generating $3 million in annual revenue and aims for $25 million by year's end. With a recent $43 million funding round led by Nexus VP, the company is well-positioned for growth as it expands its capacity and customer base.