Anti-Nvidia data center startup is valued at $1.55 billion in new funding round

In the artificial-intelligence world, pretty much everyone wants to lay hands on chips and other computing hardware made by the market leader, Nvidia. Everyone except Darrick Horton, that is.Horton is the 28-year-old co-founder and chief executive of TensorWave. The Las Vegas-based cloud-computing startup refuses to use Nvidia’s graphics processing units—or GPUs, its signature chips—or its other products, out of concern that Nvidia controls too much of the AI infrastructure market. Horton says that situation is bad for competition.

Instead, TensorWave exclusively uses hardware and software made by Advanced Micro Devices, Nvidia’s smaller rival in the GPU space.