AMD announces completion of acquisition of artificial intelligence software company Nod.ai

[Global Network Technology Comprehensive Report] On October 11, AMD announced that in order to enhance its open source AI capabilities, it has signed a final agreement to acquire Nod.ai, an open source artificial intelligence software company.

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

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

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

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