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AMD Acquiring Another Company To Bolster Its AI Play


AMD just announced that they have entered into a definitive agreement to acquire ZT Systems, a hyperscale solutions provider focused on AI

AMD just announced that they have entered into a definitive agreement to acquire ZT Systems, a hyperscale solutions provider focused on AI. ZT Systems is a provider of AI and general purpose compute infrastructure and is engaged with the big name hyperscalers. AMD is acquiring ZT Systems in a cash and stock deal valued at $4.9 billion USD.

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