Tag: amd
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Scaleway to build AMD-powered AI supercomputer in Sweden
Oct 13 : Scaleway will build an AI supercomputer in Sweden, its first outside France, running on AI chips from AMD, the French cloud company said on Tuesday during its annual AI conference in Paris.Scaleway said the machine would be the first AMD-based AI supercomputer for commercial use in Europe, open to s
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AMD CEO says continues to explore foundry partnership with Samsung Electronics
SEOUL, Oct 7 : AMD CEO Lisa Su said on Wednesday that the US chipmaker continues to explore partnership opportunities with Samsung Electronics in the memory and foundry businesses. • In response to tight memory chip supply, Su said AMD is “working with our customers to optimise their memory footprint so
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AMD to buy Fei-Fei Li’s World Labs in $8.2 billion bet on ‘physical AI’
Sept 28 : Advanced Micro Devices said on Monday it would acquire Fei-Fei Li’s AI startup, World Labs, in an all-stock deal valued at $8.2 billion, a move that would give the chipmaker a foothold in research on physical AI systems that can understand and simulate the world.The acquisition gives AMD access to r
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AMD acquires World Labs in $8.2 billion deal to bolster AI systems strategy
Sept 28 : Advanced Micro Devices said on Monday it would acquire Fei-Fei Li’s AI startup World Labs in an all-stock deal valued at $8.2 billion, giving the chipmaker deeper access to research on AI systems that can understand and simulate the physical world.The deal gives AMD a foothold in AI-model research a
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AMD to acquire Fei-Fei Li’s World Labs in $8.2 billion deal
Sept 28 : Advanced Micro Devices said on Monday that it had entered an agreement to acquire Fei-Fei Li’s World Labs startup in a deal valued at $8.2 billion.San Francisco-based World Labs, which raised $1 billion in a funding round earlier this year, develops spatial-intelligence models. Spatial intell
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AMD joins US$1 trillion club as chipmakers rally on AI-driven demand
Advanced Micro Devices briefly soared past US$1 trillion in market capitalisation for the first time on Monday (Sep 21), joining a small group of chipmakers to reach the milestone, as investors bet on its expanding role in AI computing.The company’s shares were last up 9 per cent at US$610, after surging to a
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AMD joins $1 trillion club as chipmakers rally on AI-driven demand
Sept 21 : Advanced Micro Devices briefly soared past $1 trillion in market capitalization for the first time on Monday, joining a small group of chipmakers to reach the milestone, as investors bet on its expanding role in AI computing.The company’s shares were last up 9 per cent at $610, after surging to an a
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AMD looks to raise $4 billion to $5 billion in debt offering, source says
Aug 13 : Advanced Micro Devices on Thursday launched a four-part debt offering that could raise between $4 billion and $5 billion, according to terms reviewed by Reuters, as the chipmaker looks to fund general corporate purposes and potentially repay existing debt.The offering includes senior unsecured notes
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AMD deepens AI inference bet with Taalas deal as chip race heats up
Aug 6 : Advanced Micro Devices said on Thursday it would buy chip startup Taalas for an undisclosed amount, strengthening its technology as it taps into the rapidly growing market for AI inference workloads.Toronto-based Taalas develops specialized silicon designed to reduce computing and memory bottlenecks i
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AMD falls as investors demand bigger AI payoff
Aug 5 : Advanced Micro Devices shares tumbled on Wednesday as the chipmaker’s revenue forecast failed to impress investors seeking clearer signs that a multibillion-dollar AI spending boom will translate into faster growth.Shares were last down 6.6 per cent at $482.53, set to erase close to $59 billion from t
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