Intelligence Query
TensorWave secures $350 million to challenge Nvidia with an all-AMD cloud
TensorWave has raised $350 million in a Series B round co-led by AMD Ventures to expand its all-AMD cloud infrastructure. Reaching a $1.55 billion valuation, the pure-play hardware deployment gives enterprise IT leaders a well-capitalised, scalable alternative to single-vendor GPU environments.
EU resets the AI Act clock
The European Parliament is moving to approve a Digital Omnibus package that would delay key high-risk AI Act obligations. For AMD’s EMEA ecosystem, the change gives buyers more time, but it keeps compliance readiness central to enterprise AI infrastructure sales.
Saudi Arabia puts AI governance into the infrastructure race
Saudi Arabia’s first GPAI appearance as a member reinforces Riyadh’s effort to shape AI governance while scaling national infrastructure. For AMD and other Gulf suppliers, the signal is commercial as much as diplomatic: sovereign, secure and auditable AI is becoming a procurement requirement.
stc and Huawei push telco cloud efficiency
stc group’s Huawei-built Green Telco Cloud deployment in Saudi Arabia points to a shift in Gulf telco infrastructure buying. For AMD’s EMEA ecosystem, the message is that operators are prioritising performance per watt, density, telemetry and automation alongside raw capacity.