AMD Acquires Nod.ai to Expand Open AI Software Capabilities
Advanced Micro Devices (AMD) has made an exciting move in the world of artificial intelligence (AI) by acquiring Nod.ai, a Santa Clara-based AI startup. The aim of this acquisition is to enhance AMD’s open AI software capabilities and further establish the company as a competitor in the field.
The details of the acquisition have not been disclosed, but Nod.ai has managed to raise approximately $36.5 million since its establishment in 2013. With this acquisition, AMD aims to gain access to Nod.ai’s expertise in software technology, specifically in accelerating the deployment of AI solutions tailored for AMD’s various hardware products.
The Competition: AMD vs. Nvidia
AMD’s acquisition of Nod.ai is part of an ongoing competition between AMD and Nvidia, which has expanded from the graphics processing unit (GPU) segment into the realm of AI. While Nvidia currently holds a dominant position in the market for chips used in training AIs, AMD has emerged as a viable competitor.
In fact, research conducted by MosaicML in July revealed that AMD’s GPU accelerators were nearly as fast as Nvidia’s, with the potential to achieve equivalent performance. This finding demonstrates AMD’s determination to challenge Nvidia’s stronghold in the AI market.
Benefits of the Acquisition
By acquiring Nod.ai, AMD gains access to a highly experienced team specializing in delivering optimized AI solutions to top hyperscalers, enterprises, and startups. One of Nod.ai’s flagship products is the SHARK software, which utilizes compiler-based automation to streamline the optimization and deployment of AI models across a wide range of platforms.
Integrating Nod.ai into AMD’s AI division will enhance the company’s ability to provide open software to its AI customers. This means that AMD’s customers will have an easier time deploying high-performing AI models specifically designed for AMD’s hardware, including data center accelerators, Ryzen AI processors, EPYC processors, Versal SoCs, and Radeon GPUs.
Expanding AMD’s Team
As part of the acquisition, Nod.ai’s team will join AMD, further strengthening the company’s talent pool. AMD plans to integrate the newly acquired team into its AI division, which was established earlier this year. Currently employing around 1,500 engineers, primarily focused on software, AMD intends to hire an additional 300 engineers this year and anticipates further expansion in 2024.
This acquisition is a significant move for AMD as it looks to solidify its position in the rapidly advancing field of AI. By enhancing its open AI software capabilities through the acquisition of Nod.ai, AMD demonstrates its commitment to providing high-performance AI solutions tailored for its hardware.
With the competition between AMD and Nvidia intensifying, it will be interesting to see how this acquisition impacts the AI market landscape. The addition of Nod.ai’s expertise and SHARK software to AMD’s arsenal is sure to shake up the industry and position AMD as a formidable player.
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