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AMD shares are rising after the purchase of the artificial intelligence laboratory


七月, 11 2024
watermark Economic news

AMD shares increased by more than 3% after the company announced an agreement to purchase Silo AI, the largest independent AI research laboratory in Europe. 


The acquisition of Silo AI serves as a key milestone in AMD's strategy to offer comprehensive AI solutions aligned with generally accepted industry standards.


Wamishi Boppana, senior vice president for AMD's artificial intelligence group, stressed that Silo AI specialists will accelerate the implementation of the company's plans in the field of AI. This will improve the efficiency of development and prompt delivery of AI solutions to customers around the world.


Silo AI CEO and co-founder Peter Sarlin will continue his leadership role in the team, which will become part of the AMD Artificial Intelligence Group division. Sarlin also noted that the merger with AMD is a logical development that unites common efforts to shape the future of computing technologies integrated with artificial intelligence.


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外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。