AMD Holy Raiders $ 665 Million Cash To Acquire Silo AI

7According to news on the 11th, AMD recently announced that it will acquire Finnish artificial intelligence startup Silo AI with a full cash of 665 million US dollars, trying to narrow the gap with the industry NVIDIA.

Silo AIAs a private AI in EuropeOne of the laboratory, focusing on providing customized AI for enterprisesModel and platform.

The acquisition will make AMDGet Silo AIFor 300 members, these members will use their software tools to build a customized large -scale language model (LLM) to accelerate AMD's development in AI technology.

AMDVamsi Boppana, senior vice president of artificial intelligence business group, said that the transaction will accelerate the contact and deployment of the company and customers, and to accelerate the development of its AI technology.

Silo AIPeter Sarlin, CEO and co -founder, will continue to lead a team to become part of the AMD artificial intelligence group.

Silo AIIt is dedicated to open source code AI models and compares with the exclusive or closed model of companies such as Openai and Google. This openness may attract more customers who seek customized AI solutions and bring new growth points to AMD.

AMDThe MI300 chip has directly challenged the Nvidia's Hopper series chips. Through this acquisition, AMD not only competes with NVIDIA in hardware, but also seek breakthroughs at the software level to achieve a more comprehensive layout in the AI field.

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