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TensorWave Secures $100 Million Series A Funding Co-Led by Magnetar and AMD Ventures

Funding Fuels Rapid Deployment of Massive AMD Instinct MI325X GPU Training Cluster and Supports Scaling for Surging AI Infrastructure Needs LAS VEGAS–(BUSINESS WIRE)–TensorWave, the emerging leader in AMD-powered AI infrastructure solutions, today announced it has raised…

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Building on its 120-year tradition of caring for Northern Californians, Sutter Health today announced a transformational plan to expand access to its comprehensive, integrated and coordinated high-quality care across the greater East Bay region. As part of this phased approach, Sutter will construct a flagship campus in the City of Emeryville featuring a regional destination ambulatory care complex and a new medical center with an initial capacity of up to 200 beds and room for future expansion. The plan prioritizes recruiting primary care and specialty physicians, reducing barriers for patients when scheduling appointments and obtaining referrals for care, and investing in programs and partnerships to strengthen the healthcare workforce. 

In a statement Warner Thomas, president and CEO of Sutter Health said, “Our Emeryville campus project represents one of the most significant investments we’re making across our system over the next decade and is part of our broader vision to meet the community’s growing demand for expanded access to our services across the East Bay footprint,” “Too many people face challenges in accessing the care they need. At Sutter, we’re committed to breaking down those barriers—expanding care facilities, enhancing imaging capabilities, improving online appointment scheduling and collaborating with the Sutter East Bay Medical Group and our community physician partners to attract more primary and specialty care physicians.

 
Sutter is investing more than $1 billion to expand services across the East Bay, ensuring patients will be able to conveniently reach comprehensive care within a 15-minute drive from home or work. At the heart of this regional expansion is the newly acquired, 12-acre Sutter Emeryville Campus at Horton and 53rd streets, which will serve as a key healthcare destination. When complete, the approximately 1.3 million square foot, new medical campus in the heart of Emeryville, will offer outpatient services at two existing buildings totaling approximately 530,000 square feet, at 5555 Hollis Street and 5300 Chiron Street, plus acute care services at a newly constructed medical center adjacent to the Hollis Street property. The Sutter Emeryville campus will also offer medical office space and parking at an existing 1,992-space parking garage.

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Saica Group will begin construction this month on a $110 million expansion project in Anderson Indiana. Saica Group is one of the largest and most advanced European players in the development and production of recycled paper for corrugated packaging. Saica expects to start operations during Q4 2026 and plans to create more than 50 well-paid full-time jobs during the first two years of operation and more than 100 after the facility has completed its ramp-up phase some years after the startup. Designed with future growth in mind, the new facility will have almost 350,000-square-feet and will include manufacturing, converting and production areas, along with a warehouse and office space.

In a statement Susana Alejandro, President and CEO of Saica Group, said: “Saica is committed to stability and long-term growth in the US. This investment is the proof that we are moving forward with our plans in the American continent as we are convinced that we can provide products that will differentiate us in a crowded market. It reflects our deep commitment to delivering exceptional service, as we believe our knowledge and experience in the production of recycled lightweight papers and corrugated packaging will bring high performance packaging to the US market while becoming more efficient in the use of materials”.

Saica Group has been in business since 1943 and has a long track record of stable growth in the production of recycled paper and the packaging industry. Saica Group is a family-owned multinational company that cares about people, their well-being and their professional development. Currently the company employs more than 12,000 employees and has a revenue of 3.963 Billion dollars.

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