AMD bought Silo AI, the largest private AI laboratory in Europe, for $665 million
16.07.24
AMD has decided to strengthen its position in the field of artificial intelligence by acquiring the Finnish company Silo AI, the largest private AI laboratory in Europe. Silo AI is engaged in the development of specialized models, platforms and ready-made solutions in the field of artificial intelligence. The amount of the deal was 665 million dollars.
Silo AI CEO Peter Sarlin will continue to lead his team of researchers and engineers, now part of the AMD Artificial Intelligence Group. AMD plans to complete the transaction by the end of this year.
Since 2010, part of the Silo AI team has been creating artificial intelligence solutions used by organizations around the world. Silo AI was founded in 2017 to attract world-class experts in the field of AI and enable corporations to implement advanced AI technologies with the help of these experts. Silo AI company from Helsinki (Finland). The range of clients spans various markets, including Allianz, Philips, Rolls-Royce and Unilever. In addition, Silo AI builds state-of-the-art open source multilingual LLMs such as Poro and Viking on AMD platforms in addition to its SiloGen model platform.
Don't miss interesting news
Subscribe to our channels and read announcements of high-tech news, tes
Oppo A6 Pro smartphone review: ambitious
0 
Creating new mid-range smartphones is no easy task. Manufacturers have to balance performance, camera capabilities, displays, and the overall cost impact of each component. How the new Oppo A6 Pro balances these factors is discussed in our review.
Guide for choosing Garmin smartwatches for sports, military and everyday life
0 
Garmin has long gone beyond simple GPS navigation. Today, they are the ultimate computing centers on the wrist, competing with both classic “smart” wearable electronics and specialized professional devices. How to choose a Garmin smartwatch – we’ll tell you further
OnePlus N6x: record-breaking battery, but not the fastest charging
OnePlus N6x received a 7000 mAh battery, a screen with a frequency of 120 Hz and Android 16. At the same time, the smartphone supports only 15-watt charging
Samsung Galaxy F70 Pro: Specifications, release date, and pricing announced
Samsung has introduced the Galaxy F70 Pro: the smartphone will receive 6 years of software updates, a Snapdragon 6 Gen 3 processor, a 6,000 mAh battery, and a 120 Hz display. Sales start on August 3rd with a starting price of 25,999 INR.