amd

TensorWave thinks it can break Nvidia’s grip on AI compute with an AMD-powered cloud

Enterprise /

Chipmaker Nvidia notched $30 billion in revenue last fiscal quarter, driven in large part by the AI industry’s insatiable demand for GPUs. GPUs are essential for training and running AI models; they contain thousands of cores that work in parallel to quickly perform the linear algebra equations scaffolding the models. The appetite for AI remains […]

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AMD to acquire infrastructure player ZT Systems for $4.9B to amp up its AI ecosystem play

AI /

AMD, the chipmaker hot on the heels of Nvidia, today announced a big acquisition to boost its position as an “ecosystem” partner for companies building big AI businesses: it is acquiring ZT Systems, which provides compute design and infrastructure for AI, cloud and general purpose computing, for $4.9 billion. The deal is a mix of

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