Riyadh - Sharikat Mubasher: Prosperity7 Ventures, the venture capital fund of Aramco Ventures, participated in a $100 million Series A funding round raised by TensorWave, the emerging leader in AMD-powered AI infrastructure solutions.
The round was led by Magnetar and AMD Ventures and saw participation from Maverick Silicon and Nexus Venture Partners, along with Prosperity7, the company announced in a recent statement.
This 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.
The new capital will fuel the company’s operational growth, team expansion, and the accelerated deployment of its Instinct MI325X-powered training cluster, meeting the continuous demand for AI computing resources.
Prosperity7 Ventures invests globally in startups with a long-term view and supports the development of next-generation technologies and business models that will bring prosperity and positive impact on a vast scale.
