Recently, AMD announced a major strategic decision -making, which plans to acquire Finnish artificial intelligence startup Silo AI -one of Europe's largest private AI laboratory for $ 665 million.The acquisition is expected to be completed in the second half of 2024.The acquisition marks the latest expansion of AMD in the field of artificial intelligence.In the past 12 months, AMD has invested more than $ 125 million in more than a dozen artificial intelligence companies and acquired two AI startups of MIPSOGY and NOD.AI.Ahmedabad Investment
Enterprises from all walks of life are looking for fast and effective methods to develop and deploy AI solutions suitable for their unique business needs.Vamsi Boppana, senior vice president of AMD Artificial Intelligence Group, said: "Silo AI's AI expert team and experience in developing leading AI models and solutions, including the most advanced large language model (LLMS) built on the AMD platform, will beFurther accelerate our AI strategy and quickly provide AI solutions for global customersJaipur Wealth Management. "Udabur Wealth Management
It is understood that Silo AI headquarters is located in Helsinki, FinlandKolkata Wealth Management. Its business spreads in Europe and North America. It focuses on end -to -end AI driver solutions to help customers quickly and easily integrate AI into their products, services and operations.Their work involves different markets, and customers include Allianz, Philips, Rolls -Royce and United Leahua.In addition to the Silogen model platform, Silo AI also created advanced open source multi -language big models on the AMD platform, such as Poro and VIKING.New Delhi Stock Exchange
"From the beginning, our mission is to build an AI flagship company." Salo AI CEO and co -founder Peter Sarlin said, "We look forward to being part of AMD, further enhance our influence, and develop and solve the large -scale todayEnterprise solutions and AI models that deploy the most complicated challenges of AI.
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