{"id":194493,"date":"2024-08-13T15:23:30","date_gmt":"2024-08-13T20:23:30","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2024\/08\/amd-acquires-silo-ai-for-665-million-in-cash-ai-is-our-number-one-strategic-priority"},"modified":"2024-08-13T15:23:30","modified_gmt":"2024-08-13T20:23:30","slug":"amd-acquires-silo-ai-for-665-million-in-cash-ai-is-our-number-one-strategic-priority","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2024\/08\/amd-acquires-silo-ai-for-665-million-in-cash-ai-is-our-number-one-strategic-priority","title":{"rendered":"AMD acquires Silo AI for $665 million in cash, \u2018AI is our number one strategic priority\u2019"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/amd-acquires-silo-ai-for-665-million-in-cash-ai-is-our-number-one-strategic-priority2.jpg\"><\/a><\/p>\n<p>$665 million in cash is nothing to sneeze at, and for AMD, the acquisition is the latest step in the company\u2019s broader pivot that puts its main focus on AI and AI-related technologies. This is nothing new; we\u2019ve seen the same shift happen in other companies like Google, Meta, Apple, and, of course, NVIDIA. However, NVIDIA\u2019s AI focus started many years ago.<\/p>\n<p>\u201cAI is our number one strategic priority,\u201d said Vamsi Boppana, AMD senior vice president, AIG. \u201cWe continue to invest in both the talent and software capabilities to support our growing customer deployments and roadmaps.\u201d<\/p>\n<p>\u201cThe Silo AI team has developed state-of-the-art language models that have been trained at scale on AMD Instinct accelerators, and they have broad experience developing and integrating AI models to solve critical problems for end customers,\u201d Vamsi Boppana adds. \u201cWe expect their expertise and software capabilities will directly improve the experience for customers in delivering the best performing AI solutions on AMD platforms.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>$665 million in cash is nothing to sneeze at, and for AMD, the acquisition is the latest step in the company\u2019s broader pivot that puts its main focus on AI and AI-related technologies. This is nothing new; we\u2019ve seen the same shift happen in other companies like Google, Meta, Apple, and, of course, NVIDIA. However, [\u2026]<\/p>\n","protected":false},"author":367,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-194493","post","type-post","status-publish","format-standard","hentry","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/194493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=194493"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/194493\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=194493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=194493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=194493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}