Advanced Micro Devices (AMD) is tactically transferring to competing chipmaker Nvidia. It prepares to get an expert system start-up, Nod.ai, to increase its software application abilities.
AMD is purchasing Nod.ai to enhance the software application that deals with its innovative AI chips. Nvidia has actually been great at this for a long time, so AMD desires to capture up. Remarkably, this acquisition demonstrates how dedicated AMD is to making its AI innovation top-notch.
Nvidia to Face Strong Competition in the AI Chip Market
Nvidia has actually long been a dominant force in the AI chip market. This is mostly due to its expertise in software application advancement and cultivating a robust designer community.
AMD has actually focused on bridging the space in between its hardware abilities and software application offerings after acknowledging the value of software application in the AI market. The business is placing itself as a strong rival to Nvidia.
President of AMD, Victor Peng, specified that the business is committed to performing this technique through both internal financial investments and external acquisitions.
“We are carrying out that method,” AMD president Victor Peng stated in an interview with Reuters. “And doing it through internal financial investment along with external acquisitions.”Also,