Smarter Logo
SMRTR AI• Oct 8, 2024• TechCrunch

TensorWave thinks it can break Nvidia’s grip on AI compute with an AMD-powered cloud

SMRTR summary

Nvidia's GPU sales fueled $30 billion in revenue last quarter, driven by AI demand. TensorWave, a new cloud startup, aims to challenge Nvidia's dominance by offering AMD GPUs for AI workloads, securing $43 million in funding and reaching a $100 million valuation. The company expects $25 million in annual revenue by year-end.

SMRTR provides this summary for quick context. The original article belongs to TechCrunch.

Read the original article
SMRTR AI

Get the next batch of curated stories in your inbox.

This archive is built from SMRTR newsletter stories. Subscribe for hand-picked stories without the extra noise.

Related Stories

Browse AI
AI• Aug 27, 2026

SpaceKit AI

SpaceKit AI is a public research hub for Growformer, an ML system with a promote-freeze neural substrate, language model experiments, neural cellular automata, and reproducible...

Read SMRTR summary
AI• Aug 27, 2026

Small Models Have Arrived

Small AI models are now 10x cheaper than before, making high-volume consumer and business AI apps financially viable—tasks costing $1 now cost ~$0.10, enabling affordable,...

Read SMRTR summary
AI• Aug 27, 2026

Why I Am Right About AI

The piece satirizes tech-bro certainty about AI replacing writers, using absurd logic and fake statistics to parody real thought leaders—exposing how hollow and self-serving those...

Read SMRTR summary