AMD Announces Acquisition of Artificial Intelligence Software Company Nod.ai

On October 11th, AMD announced that it had signed a final agreement to acquire open-source artificial intelligence software company Nod.ai in order to enhance its open-source AI capabilities

On October 11th, AMD announced that it had signed a final agreement to acquire open-source artificial intelligence software company Nod.ai in order to enhance its open-source AI capabilities.

AMD stated that Nod.ai will accelerate the deployment of optimized artificial intelligence solutions on AMD's high-performance platform and strengthen AMD's open-source software strategy.

At present, both parties have not disclosed specific financial terms and details.

It is reported that Nod.ai was founded in 2013 and is a company that provides optimized AI solutions for large data center operators and other customers. According to market information, Nod.ai's latest valuation is $36.5 million.

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