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AMD Plans To Acquire Silo AI In $665 Million Deal
AMD shares are up following the announcement that it plans to acquire Finnish artificial intelligence company Silo AI for about $665 million. Reuters reports: Acquiring Silo AI will help AMD improve the development and deployment of AMD-powered AI models and help potential customers build complex A...
AMD shares are up following the announcement that it plans to acquire Finnish artificial intelligence company Silo AI for about $665 million. Helsinki, Finland-based Silo AI specializes in end-to-end AI-driven solutions that help customers integrate the tech into their products and services. With operations in Europe and North America, the startup counts companies, including Philips, Rolls-Royce, and Unilever, among its customers.
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