AMD completed the acquisition of Silo AI for $665m.

AMD, a global semiconductor company, completed the acquisition of Silo AI, a private AI lab, for $665m. “AI is our number one strategic priority, and we continue to invest in both the talent and software capabilities to support our growing customer deployments and roadmaps. The Silo AI team has developed state-of-the-art language models that have been trained at scale on AMD Instinct accelerators and they have broad experience developing and integrating AI models to solve critical problems for end customers. We expect their expertise and software capabilities will directly improve the experience for customers in delivering the best performing AI solutions on AMD platforms,” Vamsi Boppana, AMD Senior Vice President.