MergerLinks Header Logo

Announced

Completed

AMD completed the acquisition of Nod.ai.

Synopsis

AMD, an American multinational semiconductor company based in Santa Clara, completed the acquisition of Nod.ai, an AI software firm. Financial terms were not disclosed. "At Nod.ai, we are a team of engineers focused on problem solving — quickly – and moving at pace in an industry of constant change to develop solutions for the next set of problems. Our journey as a company has cemented our role as the primary maintainer and major contributor to some of the world's most important AI repositories, including SHARK, Torch-MLIR and OpenXLA/IREE code generation technology. By joining forces with AMD, we will bring this expertise to a broader range of customers on a global scale," Anush Elangovan, Nod.ai CEO.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US