AMD to obtain AI software startup as it seeks to capture up with Nvidia

AMD to obtain AI software startup as it seeks to capture up with Nvidia


Sophisticated Micro Products CEO Lisa Su.

Scott Mlyn | CNBC

Sophisticated Micro Devices introduced Tuesday it will obtain Nod.AI, an open up-source synthetic intelligence software startup, to increase the chipmaker’s AI application operations.

Nod.AI, or Nod Labs, builds open-source technologies “for future AI units,” in accordance to the startup, and it generally specializes in reinforcement discovering, a variety of procedure that “learns” by means of demo and error.

The acquisition is section of AMD’s “AI growth strategy” that it hopes will improved shore up its competitors from rival chipmaker Nvidia, which noticed its revenue spike extra than 100% 12 months more than calendar year for the quarter ending July 30, 2023. Through the very same period of time, AMD reported a revenue drop of 18% but even now beat analysts’ estimates for revenue and financial gain.

“The acquisition of Nod.ai is anticipated to significantly enrich our capacity to offer AI customers with open up application that allows them to conveniently deploy very performant AI versions tuned for AMD components,” Vamsi Boppana, senior vice president of AMD’s AI team, stated in a launch.

Prior to founding Nod in 2013, Anush Elangovan, the startup’s CEO, was component of the first Chromebooks crew at Google and a direct engineer at Cisco. Harsh Menon, Nod’s co-founder and chief know-how officer, previously worked at Kitty Hawk, the electric powered aircraft company backed by Google co-founder Larry Web site, which shut down in 2022.

Nod Labs was to begin with billed as an AI components organization concentrating on gesture recognition and movement-tracking wearables, this kind of as Bluetooth-linked rings for use in gaming — imagine: Making a true-lifestyle hand gesture working with your thumb and forefinger to shoot a gun in a virtual actuality recreation. The startup lifted millions in funding from undertaking money companies this sort of as Menlo Ventures and Sequoia Cash, and group customers reportedly hailed from Apple, Google, Samsung and much more.

AMD and Nod.AI did not react to CNBC’s request for remark.



Source

Nvidia addresses AI chip smuggling, says bootleg data centers are a ‘losing proposition’
Technology

Nvidia addresses AI chip smuggling, says bootleg data centers are a ‘losing proposition’

Nvidia said Thursday that data centers built with smuggled chips are a “losing proposition” and that it does not support unauthorized products. The statement came in response to a Financial Times report that at least $1 billion worth of its artificial intelligence chips illegally entered China. “Trying to cobble together datacenters from smuggled products is […]

Read More
Trump says he won’t ‘destroy’ Musk’s companies by taking away subsidies
Technology

Trump says he won’t ‘destroy’ Musk’s companies by taking away subsidies

Elon Musk receives a golden key from U.S. President Donald Trump in the Oval Office at the White House in Washington, D.C., U.S., May 30, 2025. REUTERS/Nathan Howard Nathan Howard | Reuters President Donald Trump on Thursday denied claims that he wants to wreck Elon Musk’s companies and their work with the U.S. government. “Everyone […]

Read More
Commerce Sec. Lutnick says TikTok will go dark if China won’t agree to U.S. control of the social media app
Technology

Commerce Sec. Lutnick says TikTok will go dark if China won’t agree to U.S. control of the social media app

Commerce Secretary Howard Lutnick said Thursday that TikTok will go dark for Americans unless China agrees to give the U.S. more control over the popular short-form video app. “We’ve made the decision. You can’t have Chinese control and have something on 100 million American phones,” Lutnick told CNBC’s “Squawk on the Street” on Thursday. TikTok’s future in […]

Read More