AMD Completes Acquisition of Silo AI to Accelerate Development and Deployment of AI Models on AMD Hardware

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AMD Completes Acquisition of Silo AI to Accelerate Development and Deployment of AI Models on AMD Hardware

AMD has finalized its acquisition of Silo AI, Europe's largest private AI lab, for $665 million. This strategic move aims to bolster AMD's capabilities in delivering comprehensive AI solutions based on open standards. The integration of Silo AI's expertise is expected to enhance AMD's offerings in the AI ecosystem significantly.

The acquisition brings a team of skilled AI scientists and engineers to AMD, who have developed advanced AI models for major clients like Allianz and Unilever. With a focus on multilingual Large Language Models, the Silo AI team will enhance AMD's Artificial Intelligence Group. This collaboration is set to improve customer experiences by delivering high-performance AI solutions on AMD platforms.

• AMD acquires Silo AI to strengthen AI model development.

• Silo AI's expertise enhances AMD's AI solutions for enterprise customers.

Key AI Terms Mentioned in this Article

Large Language Models (LLMs)

The article highlights Silo AI's development of multilingual LLMs like Poro and Viking on AMD platforms.

AI Ecosystem

AMD's acquisition of Silo AI aims to strengthen its position within this ecosystem.

Companies Mentioned in this Article

AMD

is a leading semiconductor company specializing in high-performance computing and graphics technologies. The acquisition of Silo AI aligns with AMD's strategy to enhance its AI capabilities.

Silo AI

Its integration into AMD is expected to significantly boost AMD's AI development efforts.

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