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11th July 2024, 06:18 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
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| AMD to Acquire Silo AI to Expand Enterprise AI Solutions Globally 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 AI scientists and engineers with extensive experience developing tailored AI models, platforms and solutions for leading enterprises spanning cloud, embedded and endpoint computing markets. https://www.techpowerup.com/324319/a...tions-globally |
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