TensorWave Inc., a graphics processing unit cloud platform for artificial intelligence that’s focused on offering an alternative to Nvidia Corp.’s market dominance through Advanced Micro Devices Inc. chips, announced today that it has raised $100 million in an early-stage funding round led by Magnetar and AMD Ventures.

Amazon's AI coding assistant 'Kiro' is designed to use AI agents and a multi-modal interface to streamline software development.

Amazon.com Inc. AMZN has purchased ... What Happened: The strategic investment comes as AMD continues to gain momentum in the data center and AI chip markets. AMD recently reported first-quarter ...

AWS & Saudi Arabia's HUMAIN reveal a $5B+ AI Zone, boosting the Kingdom's AI prowess with NVIDIA & AMD deals amid new U.S. tech export policies.

Su described the results as an excellent start to 2025, highlighting robust AI and data?center momentum. Still, export?control headwinds loom. AMD warned ... analysts project up to $10 billion ...

As the Trump administration prioritizes partnerships with the Mideast, China emerges as the ‘big loser,’ the Wedbush analyst told Fortune.