Wafer Raises $40M as AMD-Tuned Inference Nears NVIDIA B200 Performance

Wafer has raised $40 million in Series A funding while presenting a software-led case that AMD can approach NVIDIA's inference performance. On GLM-5.2, the startup says an optimized AMD Instinct MI355X node reached 2,626 tokens per second, about 80% of its measured NVIDIA B200 reference, at less than half the cost.