AMD's Strategic Move: Enhancing AI Chip Capabilities Through Silo AI Acquisition
Wednesday, 10 July 2024, 13:26
AMD Acquires Silo AI for $665 Million
In a strategic move, AMD has purchased Silo AI for $665 million to enhance its AI chip capabilities.
Strengthening AI Market Position
The acquisition is set to bolster AMD's presence in the AI market and drive innovation in AI hardware solutions.
Commitment to Innovation
AMD's acquisition of Silo AI reaffirms its dedication to advancing AI technology and staying competitive in the tech sector.
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