Posts Tagged ‘acquisitions Business IT’

AMD to Acquire Open-Source AI Software Expert Nod.ai

Tuesday, October 10th, 2023

Nod.ai is set to accelerate deployment of optimised AI solutions on AMD high-performance platforms and bolster AMD open-source software strategy.

“The acquisition of Nod.ai is expected to significantly enhance our ability to provide AI customers with open software that allows them to easily deploy highly performant AI models tuned for AMD hardware. The addition of the talented Nod.ai team accelerates our ability to advance open-source compiler technology and enable portable, high-performance AI solutions across the AMD product portfolio. Nod.ai’s technologies are already widely deployed in the cloud, at the edge and across a broad range of end point devices today,” said Vamsi Boppana, senior vice president, Artificial Intelligence Group at AMD.

“The acquisition of Nod.ai is expected to significantly enhance our ability to provide AI customers with open software that allows them to easily deploy highly performant AI models tuned for AMD hardware. The addition of the talented Nod.ai team accelerates our ability to advance open-source compiler technology and enable portable, high-performance AI solutions across the AMD product portfolio. Nod.ai’s technologies are already widely deployed in the cloud, at the edge and across a broad range of end point devices today,” said Vamsi Boppana, senior vice president, Artificial Intelligence Group at AMD.

AMD today announced the signing of a definitive agreement to acquire Nod.ai to expand the company’s open AI software capabilities.

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