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AMD has announced that it has just acquired Toronto-based AI chip company Untether AI. This isn’t the usual corporate acquisition, though, where the bigger firm completely buys the smaller one ...
HSBC analyst Frank Lee just upgraded Advanced Micro Devices (AMD) from “Hold” to “Buy,” doubling its price target from $100 ...
The chip designer is betting big on the open ecosystem and the benefits it believes a collaborative working approach can ...
AMD’s latest acquisition could help reduce Nvidia’s market dominance when it comes to AI hardware. Semiconductor giant AMD on Wednesday announced it acquired AI software optimization startup ...
Last week, AMD hired the team from chip startup Untether AI. On Wednesday, AMD said it had hired several employees from generative AI startup Lamini, including the co-founder and CEO.
AMD improves its AI capabilities with the acquisition of ZT Systems, positioning itself to compete with Nvidia in the data center AI space. Read more here.
Why AMD's $4.9 Billion AI Server Acquisition Makes Sense. By Timothy Green – Aug 21, 2024 at 7:35AM Key Points. AMD is acquiring server company ZT Systems for $4.9 billion. While manufacturing ...
AMD is calling it a “next major step” for its AI training and inferencing solutions, in a move that will clearly help it compete with Nvidia’s dominance in AI offerings. ZT Systems will join ...
AMD’s stock rises as the company plans to buy ZT Systems and bolster its ability to provide AI infrastructure Last Updated: Aug. 19, 2024 at 10:06 a.m. ET First Published: Aug. 19, 2024 at 6:37 ...