AMD Spends $665 Million on Yet Another AI Company to Compete against NVIDIA

[Tsing]

Silo AI, a private AI lab in Europe that is said to be the largest of its kind in the country, home to world-class AI scientists and engineers with extensive experience developing tailored AI models, platforms, and more, will soon be owned by AMD, according to a press release that the Ryzen, Radeon, and Instinct maker shared today about how it is planning to acquire the company as part of an all-cash transaction valued at approximately $665 million.

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[ShaniaMercado]

AMD's move to acquire Silo AI for $665 million sounds like a bold step in boosting their AI capabilities. It'll be interesting to see how this enhances their products against NVIDIA's offerings in the AI space.

 

[Brian_B]

I am thinking nothing good will come from this

 

[Grimlakin]

It seems to me that they want to make an AI engine properly targeted to take advantage of their AI compute hardware. Maybe they will make a better platform and deliver something that runs better on all hardware? But that seems counter intuitive unless they have licensing sweetheart deals for their hardware.

Software is the biggest profit though.