amd

AMD acqui-hires the employees behind Untether AI

AMD is continuing its acquisition spree. Semiconductor giant AMD acqui-hired the team behind Untether AI, a startup that develops AI inference chips, as originally reported by CRN. Untether claims that their chips are faster and more energy-efficient than their rivals. The terms of the deal weren’t disclosed. Toronto-based Untether was founded in 2018 and has […]

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AMD takes aim at Nvidia’s AI hardware dominance with Brium acquisition

AMD’s latest acquisition could help reduce Nvidia’s market dominance when it comes to AI hardware. Semiconductor giant AMD on Wednesday announced it acquired AI software optimization startup Brium. Terms of the deal were not disclosed. Brium is a startup that appears to be in stealth mode. The startup builds machine learning applications to enable AI

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NVIDIA, AMD may soon start selling new AI chips in China to comply with US restrictions

To comply with the U.S.’ restrictions on exporting advanced semiconductor technology to China, chipmakers NVIDIA and AMD will soon begin selling new GPUs made for AI workloads in China, Taiwanese tech publication Digitimes reported, citing supply chain sources. NVIDIA plans to sell a stripped-down AI GPU, code-named “B20,” while AMD is looking to target AI

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AMD buys silicon photonics startup Enosemi to fuel its AI ambitions

AMD has acquired Enosemi, a startup designing custom materials to support silicon photonics product development. The terms of the deal, announced Wednesday, weren’t disclosed. Silicon photonics uses light — photons — to transmit data, offering a faster and more efficient alternative to traditional electrical communication. AMD and other chipmakers have shown an increasing interest in the

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AMD strikes a deal to sell ZT Systems’ server-manufacturing business for $3B

Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business. AMD announced on Monday that it was selling ZT Systems’ server-manufacturing business to electronic manufacturing services company Sanmina. The $3 billion deal is a mix of cash and stock: $2.25 billion in cash; a $300 million premium, including 50% cash

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TensorWave raises $100M to grow its AMD-powered cloud infrastructure

TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure. The funding round was led by Magnetar and AMD Ventures, and brings the company’s total capital raised to $146.7 million, according to Crunchbase. Maverick Silicon, Nexus Venture Partners and

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AMD estimates $800M charge on US license requirement for AI chips

AMD says that the U.S. government’s license control requirement for exporting AI chips to China and certain other countries may impact its earnings materially. If AMD doesn’t successfully obtain a license, the company could be on the hook for roughly $800 million in inventory, purchase commitments, and related reserves charges, the company said in a

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Framework’s first desktop PC is optimized for gaming and local AI inference

Framework, the company that is better known for its modular, repairable laptops, just released its first desktop computer. It’s a small desktop PC that punches above its weight. The most interesting part is what’s inside the device. Framework is one of the first companies to use AMD’s recently announced Strix Halo architecture, also known as

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AMD pulls up the release of its next-gen data center GPUs

AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally announced. During the company’s Q4 2024 earnings call Tuesday, AMD CEO Lisa Su said AMD plans to sample the MI350 with “lead customers” this quarter, and “accelerate” production shipments to “mid-year.” “So, we had

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