
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. 🤡