Silo AI

AMD officially announced today that it has completed the acquisition of Silo AI, the largest private AI laboratory in Europe, for approximately US$665 million (currently approximately RMB 4.773 billion), paid in full cash. At this point, Silo AI's scientists and engineers have officially joined the AMD family. AMD's emphasis on the field of AI is self-evident. This acquisition is an important step in its strategic layout, aiming to further strengthen the company's leadership in AI and related technologies. Like technology giants such as Google, Meta, and Apple, AMD …

Chip giant AMD announced Wednesday that it will spend about $665 million (currently about Rs 4,843 million) in cash to acquire Finnish artificial intelligence startup Silo AI, a move aimed at boosting its AI chip capabilities to compete with industry leader Nvidia. Building and training large-scale language models is a challenge even for tech giants, and AMD said the Silo AI acquisition will help it improve the development and deployment of AMD-powered AI models and help potential customers build complex AI models using AMD's chips. The same...