AMD announced its agreement to acquire Taalas, a Toronto-based startup specializing in AI inference chips that are customized for specific AI models. These chips offer faster and cheaper processing for certain AI tasks compared to traditional GPUs, which AMD currently relies on for most data center growth. The acquisition follows Nvidia's $20 billion purchase of Groq, another AI chip startup, highlighting the competitive push in AI hardware. AMD plans to integrate Taalas' technology into its systems alongside its CPUs and GPUs, enhancing its offerings for low-latency AI applications and supporting its Helios rack-scale AI systems.
Advanced Micro Devices (AMD) has invested $1 billion in Meta's equity raise, strengthening their partnership focused on AI infrastructure. This investment, though just over 1% of Meta's raise, is significant relative to AMD's market cap and cash rese...
Advanced Micro Devices (AMD) is positioned to benefit significantly from Anthropic's upcoming IPO and a hardware supply agreement exceeding $20 billion. Anthropic's S-1 filing reduces counterparty risk, confirms strong cash reserves, and secures a no...
Advanced Micro Devices (AMD) has significantly strengthened its position in AI with a 107% increase in Data Center sales and key customers like OpenAI and Meta. Despite this growth, AMD's stock is rated Sell at $578.44, as its valuation is considered...
Microsoft and Alphabet reported earnings that disappointed investors, casting uncertainty on the future growth of artificial intelligence (AI) investments. Despite the hype around AI, their results suggest that spending in this area may not be as rob...
Hinduja Global Solutions (HGS) has chosen Rackspace Technology to provide private AI cloud infrastructure powered by AMD, starting December 2026 under a three-year agreement. This deployment will enhance HGS's control over AI compute costs, security,...
