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ZT Systems

AMD acquires ZT Systems for $4.9 billion, challenging Nvidia in AI

AMD recently acquired AI infrastructure company ZT Systems for $4.9 billion, aiming to increase the market adoption of its own Instinct data center chip. ZT Systems is a partner of big AI companies such as Microsoft, Meta and Amazon, specializing in providing customized computing infrastructure. This acquisition is undoubtedly an important strategic layout for AMD. AMD CEO Lisa Su said that this acquisition will greatly accelerate the deployment of AMD AI solutions. …
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24/8/20

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