AMD is also investing in the future with artificial intelligence. The official acquisition of another startup has been announced

There is another company taking decisive steps to make better use of its AI resources and also compete with the current giant in this space – NVIDIA. AMD already has systems that perform very well on AI-related tasks, but they don’t yet deliver the same performance as green units. Of course, the situation may change over time, but AMD is already focusing its attention on improving its products and software.

AMD announced the acquisition of startup Nod.Ai to improve its products dedicated to artificial intelligence tasks. Development in this area will also relate to software.

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The startup Nod.Ai was founded in 2013 and its activities focus on systems related to artificial intelligence and machine learning. The company’s solutions focus on the use of compilers and are completely open source. The team has years of experience, which AMD wants to use to develop it. The official announcement revealed that the acquisition of the startup in question aims to “accelerate the implementation of AI-related solutions for AMD Instinct accelerators.” [centra danych, układ CPU + GPU]Ryzen AI processors, EPYC processors, Versal and Radeon systems, the whole thing is also aimed at enabling the introduction of AI models that will work better on AMD products.

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Nod.Ai was valued at US$36.5 million not long ago, although we do not currently know the amount of the entire deal. Right now, no company wants to stand out from the competition at all, so the actions taken by AMD are not particularly surprising. The company acquired by the Reds is known for its Shark platform, which has extensive machine learning capabilities, including: automation in the implementation of artificial intelligence models, thanks to which you can save a lot of time and improve performance faster, and thus also use new solutions. This year, AMD also acquired French company Mipsology, which also relates to the AI ​​side. It is clear that in the coming years we will not see any weakness in AI-based services, on the contrary, the development has only just begun.

Source: AMD