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.
Google introduces Gemini Omni for multimodal video generation and editing
Google DeepMind has launched Gemini Omni, a multimodal AI model that generates and edits video through text, image, and audio inputs. The release introduces natural-language video manipulation while enforcing SynthID watermarking, though general speech-editing features remain restricted pending safety tests.