AMD to Acquire Silo AI to Expand Enterprise AI Solutions Globally
AMDAMD(AMD) Newsfilter·2024-07-10 21:05

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 SANTA CLARA, Calif., July 10, 2024 (GLOBE NEWSWIRE) -- 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 represen ...