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Salience Labs raises $125 million in Series B funding to scale its all-optical switching technology for AI data centers. Led by Bullhound Capital, the round includes Intel Capital, AMD Ventures, SBI Group, Hudson River Trading and British Business Bank, alongside returning investors. The company has demonstrated a 64-port all-optical photonic switch and plans to use the funding for manufacturing, geographic expansion and research on higher-density switches.
AMD Ventures backs Turing Inc., which has begun adopting Advanced Micro Devices’ AI accelerators in its systems, according to a Bloomberg report cited in the article. The report is dated July 6; the text describes AMD Ventures as AMD’s corporate venture arm but provides no further details about the backing or the deployment.
TensorWave, an all-AMD AI cloud specializing in high-performance, memory-intensive workloads, raises $350 million in Series B funding at a $1.55 billion valuation. The company says it will use the funding to expand its global AMD-powered AI infrastructure.