In bid to loosen Nvidia’s grip on AI, AMD to buy Finnish startup for $665 million

Ars Technica
By Financial TimesJul 10, 2024, 1:19 pm130 pts
Enlarge / A draw housing six Sapphire Technology Ltd. AMD graphics processing units. (credit: Akos Stiller/Bloomberg via Getty Images) AMD is to buy Finnish artificial intelligence startup Silo AI for $665 million in one of the largest such takeovers in Europe as the US chipmaker seeks to expand its AI services…

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