AMD is literally funding a startup with $350M just so they can buy AMD chips.

Listen up, regards. I just saw this article and I am crying laughing.

This new "Anti-Nvidia" data center startup called TensorWave just hit a $1.55 Billion valuation after raising a fresh $350 million.

And who led the funding round? AMD

And what are they using the money for? To buy chips from AMD. 🤡

Source : [https://www.wsj.com/tech/ai/anti-nvidia-data-center-startup-is-valued-at-1-55-billion-in-new-funding-round-e58b2aec?mod=tech\_lead\_pos1](https://www.wsj.com/tech/ai/anti-nvidia-data-center-startup-is-valued-at-1-55-billion-in-new-funding-round-e58b2aec?mod=tech_lead_pos1)