At a glance
AMD Ventures appears in 8 funding rounds tracked by ValueAddVC since 2024. Its most frequent sector in these rounds is AI & Infrastructure, and its most recent tracked deal was Stability AI's $76M Series B round (Aug 28, 2026). It co-invests most often with Nvidia, Cisco Investments and Temasek.
Strategy
Geographies
Santa Clara, California, USA
Recent changes
- Sep 28, 2026Sep 28, 2026AMD Buys Fei-Fei Li's World Labs For $8.2B Pulse story
- Aug 28, 2026Aug 28, 2026Invested in Stability AI (Series B, $76M) Variety
- Aug 17, 2026Aug 17, 2026Invested in River (Seed, $1.1B) TechCrunch
- Jul 20, 2026Jul 20, 2026Invested in CuspAI (Series B, $450M) CNBC
- Jun 17, 2026Jun 17, 2026Invested in Odyssey (Series B, $310M) Odyssey
Earlier changes (5)
- Jun 17, 2026Jun 17, 2026Odyssey Raises $310M at $1.45B -- Amazon and AMD Bet on World Models for Physical AI Pulse story
- Jun 17, 2026Jun 17, 2026Odyssey Raises $310M Series B for AI Infrastructure -- Amazon and AMD In Pulse story
- Jun 10, 2026Jun 10, 2026Invested in Hark (Series A, $700M) Crunchbase News
- Jul 15, 2025Jul 15, 2025Invested in Thinking Machines (Seed, $2B) TechCrunch
- Jul 2024Jul 2024Invested in Cohere (Growth, $500M) Wikipedia
Portfolio
9 totalRecent Investment Activity
9Track record: led 0 and participated in 8 of 8 tracked venture rounds · 6 in the last 12 months
| Date | Company | Event | Role | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|---|---|
| Aug 28, 2026 | Stability AI | Series B | Participated | $76M | — | Universal Music GroupWarner Music GroupElectronic ArtsAMD VenturesEric SchmidtGreycroftCoatue ManagementSony Music GroupPacific Alliance VenturesSean ParkerKadmos Capital | Variety |
| Aug 17, 2026 | River | Seed | Participated | $1.1B | — | General CatalystLeadunverifiedNvidiaunverifiedAMD VenturesunverifiedY CombinatorunverifiedTemasekunverifiedAMP PBC | TechCrunch |
| Jul 20, 2026 | CuspAI | Series B | Participated | $450M | $2.6B | Kleiner PerkinsLeadunverifiedNew Enterprise Associates (NEA)LeadunverifiedBezos ExpeditionsunverifiedGlade Brook CapitalunverifiedLux CapitalunverifiedAMD VenturesunverifiedTemasekunverifiedUK Sovereign AI Venture Fund | CNBC |
| Jul 15, 2026 | Spectro Cloud | Series D | Participated | $100M+ | — | Goldman Sachs AlternativesLeadunverifiedAMD VenturesunverifiedLG Technology VenturesunverifiedEricssonMaximus | Spectro Cloud |
| Jun 17, 2026 | Odyssey | Series B | Participated | $310M | $1.45B | Odyssey | |
| Jun 10, 2026 | Hark | Series A | Participated | $700M | — | Crunchbase News | |
| May 14, 2026 | Cerebras | IPO | Participated | $5.55B | $56.4B | AMD VenturesMotley Fool · unverified | CNBC / TechCrunch |
| Jul 15, 2025 | Thinking Machines | Seed | Participated | $2B | $12B | TechCrunch | |
| Jul 2024 | Cohere | Growth | Participated | $500M | $5.5B | Wikipedia |
Sector / Stage Activity
By sector (portfolio)
AI infra
5 · 56%
Semiconductors
1 · 11%
Consumer
1 · 11%
EV/Mobility
1 · 11%
By stage (tracked rounds)
Series B
3 · 33%
Seed
2 · 22%
Series D
1 · 11%
Series A
1 · 11%
IPO
1 · 11%
Growth
1 · 11%
Co-Investors
12Value Add Research
Latest Pulse
- Oct 6, 2026Vinci Raises $250M At $1.5B To Simulate Chips With AIVinci, a Palo Alto startup using AI to simulate chip and hardware physics, raised a $250 million Series B at a $1.5 billion valuation led by Advent, Temasek and Xora, less than a year after emerging from stealth.→
- Sep 28, 2026AMD Buys Fei-Fei Li's World Labs For $8.2BAMD is paying $8.2 billion in stock for Fei-Fei Li's spatial-intelligence startup World Labs, a direct answer to Nvidia's own world-model push and its pending Hugging Face acquisition.→
- Aug 25, 2026Stability AI Raises $76M From Music, Gaming GiantsStable Diffusion maker Stability AI raised a $76 million Series B from Universal Music, Sony Music, Warner Music, Electronic Arts and AMD Ventures, bringing total funding to $232 million as it expands into creative production tools.→
- Aug 17, 2026August's Mega-Rounds Have Already Cleared $9BFive disclosed rounds in the first two weeks of August 2026 -- Databricks, Firmus, River AI, Lovable and Form Energy -- total roughly $9.25 billion, with data infrastructure and AI compute taking three quarters of it.→
- Aug 17, 2026The Seed Round Is Now an Infrastructure RoundRiver AI raised $1.1 billion across a seed and Series A two months after leaving stealth, the clearest example yet of a 2026 pattern where pre-product AI infrastructure companies raise growth-stage sums at formation.→
- Aug 11, 2026General Catalyst Leads $1.1B Round Into 2-Month-Old River AIRiver AI, founded by xAI co-founder Igor Babuschkin, raised $1.1 billion led by General Catalyst just two months after stealth, betting enterprises can train AI models without a dedicated infra team.→
- Jun 17, 2026Odyssey Raises $310M Series B at $1.45B to Build AI World ModelsOdyssey, founded by self-driving veterans Oliver Cameron and Jeff Hawke, raised a $310 million Series B at a $1.45 billion valuation to build AI world models that simulate real-world physics and causality. Natural Capital led, with Amazon, AMD Ventures and GV joining -- and a strategic AWS Trainium compute deal pointed pointedly away from Nvidia.→
- Jun 17, 2026World-Model Startup Odyssey Raises $310M at a $1.45B Valuation, Backed by AmazonOdyssey, the AI lab building interactive 'world models' founded by self-driving veterans Oliver Cameron and Jeff Hawke, raised a $310 million Series B at a $1.45 billion valuation led by Natural Capital, with Amazon, GV, AMD Ventures, EQT and In-Q-Tel participating. AWS becomes its preferred cloud provider, marking one of the largest bets yet on generative, explorable environments.→
- Jun 17, 2026Odyssey Raises $310M at $1.45B -- Amazon and AMD Bet on World Models for Physical AIOdyssey, the Los Angeles startup founded by self-driving veterans Oliver Cameron and Jeff Hawke, raised a $310 million Series B at a $1.45 billion valuation to build 'world models' -- AI systems that simulate physical environments with real-world physics for robotics, autonomy, and interactive media. The round was led by Natural Capital, with Amazon, AMD Ventures, GV, Jeff Dean, Elad Gil, Garry Tan, Guillermo Rauch, and Kyle Vogt participating, and notably routes the company onto AWS Trainium after it had earlier taken Nvidia's money.→
- Jun 17, 2026Odyssey Raises $310M Series B for AI Infrastructure -- Amazon and AMD InAI infrastructure startup Odyssey raised a $310M Series B from a syndicate including Natural Capital, Amazon, AMD Ventures, GV, and EQT. Strategic backers across the compute stack signal a bet that the AI build-out still needs new infrastructure layers, not just more GPUs.→
AMD Ventures FAQ
What companies has AMD Ventures invested in?
AMD Ventures' portfolio includes Cohere, Stability AI, River, CuspAI, Spectro Cloud, Odyssey, and 3 more tracked companies.
Who does AMD Ventures co-invest with most?
In the rounds Value Add tracks, AMD Ventures most often invests alongside Nvidia (4 shared deals), Cisco Investments (2 shared deals), Temasek (2 shared deals), Greycroft (2 shared deals), Alpha Wave Global (1 shared deal).
Sources & methodologyshow
Where these figures come from
- Odysseyprimary source1 fact
- CNBCmajor outlet1 fact
- CNBC / TechCrunchmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- Crunchbase Newsresearch database1 fact
- Spectro CloudValue Add VC data1 fact
- VarietyValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.