Surat Investment：AMD6665 billion U.S. dollars acquired Finnish AI startup Silo AI

On July 10th, the chip giant announced on Wednesday that it will spend about 665 million US dollars (currently about 4.843 billion yuan) in cash to acquire Finnish artificial intelligence startups.The move aims to enhance its artificial intelligence chip capabilities and compete with industry leaders.

The construction and training of large language models is a challenge even for technology giants.AMD said that the acquisition of Silo AI will help it improve the development and deployment of AMD -driven artificial intelligence models, and help potential customers use AMD chips to build complex artificial intelligence models.At the same time, Silo AI will also strengthen AMD's software development capabilities.

"This transaction will not affect AMD's financial performance, but it will unlock huge potential for future business," said Vamsi Boppana, senior vice president of artificial intelligence, said in an interview.However, AMD refused to reveal how much the acquisition will bring in the future.

Silo AI, located in Helsinki, Finland, focuses on end -to -end AI driver solutions, helping customers integrate this technology into their products and services.The startup has office in Europe and North America, and its customers include well -known companies such as Philips, Rolls -Royce and United Leahua.Surat Investment

AMD said Silo AI's CEO and co -founder Peter Sarlin will continue to lead the department as part of the AMD artificial intelligence group.The transaction is expected to be completed in the second half of 2024.

The acquisition is the latest step in AMD in a series of expansion measures in the field of artificial intelligence.Last year, the company acquired MIPSOGY and NOD.AI, an artificial intelligence software company, and invested more than $ 125 million in more than a dozen artificial intelligence companies in the past 12 months.Simla Wealth Management

Simla Wealth Management