AMD to acquire Finnish startup Silo AI for US$665 million

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To step up in AI race.

AMD to acquire Finnish startup Silo AI for US$665 million
Advanced Micro Devices (AMD) will acquire Finnish artificial intelligence startup Silo AI for about US$665 million ($985 million) in cash as the company tries to enhance its AI chip capabilities to compete against industry leader Nvidia. Building and training large language models is challenging,...

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