11
Jul
ꟷ Europe’s largest private AI lab to accelerate the development and deployment of AMD-powered AI models and software solutions ꟷ ꟷ Enhances open-source AI software capabilities for efficient training and inference on AMD compute platforms ꟷ AMD (NASDAQ: AMD) today announced the signing of a definitive agreement to acquire Silo AI, the largest private AI lab in Europe, in an all-cash transaction valued at approximately $665 million. The agreement represents another significant step in the company’s strategy to deliver end-to-end AI solutions based on open standards and in strong partnership with the global AI ecosystem. The Silo AI team consists of world-class…