AMD has a string of AI-related investments; this one focuses on hyperscaler AI compute In its continued pursuit of a stronger arsenal of artificial intelligence capabilities, chip company AMD announced another major acquisition: A $4.9 billion cash-and-stock agreement to acquire New Jersey-based ZT Systems, which provides AI and general-purpose compute for hyperscalers. “The strategic transaction […]
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{URL}https://www.rcrwireless.com/20240820/uncategorized/amd-buys-zt-for-4-9-billion-to-boost-ai-gpu-capabilities{/URL}
{Author}Kelly Hill{/Author}
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