AMD plans to buy an AI start-up called Nod.ai as part of an effort to bolster its software capabilities.
In its race to catch rival chip-maker Nvidia,plans to invest heavily in the critical software necessary for the company’s advanced AI chips. Through more than a decade of work, Nvidia has built a powerful advantage in the AI chip market through the software it makes, and the software developer ecosystem.
The acquisition of Nod.ai fits into the strategy because its technology enables companies to deploy AI models that are tuned for AMD’s chips more easily. Nod.ai sells its technology to large data centre operators, among other customers.
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