Advanced Micro Devices to Buy the Largest Private AI Lab in Europe
July 10, 2024
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Advanced Micro Devices in the NEWS Advanced Micro Devices (AMD) today announced the signing of a definitive agreement to acquire Silo AI, the largest private AI lab in Europe, in an all-cash transaction valued at approximately $665 million. The agreement represents another significant step in the company’s strategy to deliver end-to-end AI solutions based on open . . . This content is for paid subscribers. Please …