AMD Acquires Artificial Intelligence Company Silo AI

As artificial intelligence continued to spread in every field, there were moves in this regard from many technology giants. One of the world’s largest hardware manufacturers AMD was one of them.

Now, a very important move has come from AMD regarding artificial intelligence. US company, described as Europe’s largest private artificial intelligence laboratory Silo AI’ı announced that it signed an agreement to purchase it.

The purchase price is 665 million dollars!

According to the information received, the price of the agreement $665 million It was stated that. Silo AI, which provides artificial intelligence services in Europe and North America Based in Finland Let’s point out that it is a company.

It is possible to apply artificial intelligence models to its customers’ products and services. allowing easy integration The company has an artificial intelligence team consisting of scientists and engineers. It is also reported that Silo AI has developed state-of-the-art, open source and multilingual large language models such as Poro and Viking, in addition to the SiloGen model platform on AMD platforms.

NVIDIA has recently experienced incredible growth thanks to artificial intelligence and has become one of the largest companies in the world. AMD was also making moves to catch up with it in this regard. In the last 12 months, it has made many acquisitions, including companies such as Mipsology and Nod.ai, and has increased its moves in the field of artificial intelligence. Time will tell how the Silo AI step will contribute.