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AMD takes aim at Nvidia's AI hardware dominance with Brium acquisition | TechCrunch
TechCrunch
·
2m ago
Medial
AMD has announced its acquisition of AI software optimization startup Brium, aiming to challenge Nvidia's dominance in AI hardware. Brium specializes in adapting AI software to function across various hardware systems, potentially enabling AMD to overcome current challenges where AI software is primarily tuned for Nvidia's chips. This acquisition, AMD's fourth strategic move in two years, aligns with its ambition to foster an open AI software ecosystem and enhance hardware flexibility for developers.
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AMD acqui-hires the employees behind Untether AI | TechCrunch
TechCrunch
·
2m ago
Medial
AMD has acqui-hired the team behind Untether AI, a startup known for developing energy-efficient AI inference chips, although the deal terms weren't disclosed. Founded in 2018, Untether has raised over $150 million from investors like Intel Capital and Radical Ventures. Their AI chips target physical applications in diverse machines. This acqui-hire follows AMD's recent acquisition of AI software optimization platform Brium, as part of its ongoing expansion into AI technologies.
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Could AMD break Nvidia’s chokehold on chips?
Livemint
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1y ago
Medial
Advanced Micro Devices (AMD) has emerged as a strong competitor to Nvidia in the artificial intelligence (AI) chip market. AMD's new MI300 chip outperforms Nvidia's H100 chip in terms of specifications, and the company expects to sell $3.5 billion worth of MI300s in 2023. AMD's focus on CPUs for data-center servers and GPUs for gaming consoles has paid off, with its market value growing 100-fold to $270 billion. However, AMD still faces tough competition from Nvidia's dominance in AI accelerator chips, but its strong hardware and partnerships position it as a viable alternative.
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Nvidia’s rivals prepare their AI assault
Livemint
·
1y ago
Medial
Nvidia's competitors, Intel and Advanced Micro Devices (AMD), are preparing to challenge Nvidia's dominance in the AI chip market. Nvidia's sales and market value have surged due to the demand for its chips in generative AI applications. Intel and AMD are experiencing a decline in data-center sales as companies shift their spending towards Nvidia's specialized chip platforms. AMD is launching a new class of AI accelerator chips called the MI300 family, while Intel is showcasing its latest AI products. However, both companies still have a significant gap to close compared to Nvidia's projected data-center revenue.
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Startups Weekly: It’s buying season | TechCrunch
TechCrunch
·
2m ago
Medial
Recent startup acquisitions include IBM acquiring AI platform Seek AI, Collibra acquiring Raito for data governance, and AMD acquiring AI software optimization firm Brium. Notable VC activities saw Anduril raising $2.5 billion in Series G funding and Neuralink securing $650 million in Series E. Meanwhile, Airtime laid off employees, and KiranaPro faced a data hack. Globally, North American AI startups led venture capital investments, significantly outpacing Europe and Asia in deal values.
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AMD takes on Nvidia - Qualcomm with new AI chipsets. All you need to know
Livemint
·
1y ago
Medial
Advanced Micro Devices (AMD) is taking on Nvidia in the AI semiconductor market with the launch of its new AI chips. The MI325X accelerator and Ryzen AI 300 chipset range were unveiled at the Computex 2024 trade show. The new chipsets will compete with Snapdragon's X series and Intel's Meteor Lake series. AMD's focus on AI reflects the industry's growth and its potential to transform various sectors. The company's announcement follows Nvidia's launch of its 'Rubin' line of AI chipsets. Microsoft, a key partner of AMD, plans to incorporate the new chipsets in its AI-powered PCs.
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Nvidia profits soar over 600%, revenues above 200% as shares top $1,000
Livemint
·
1y ago
Medial
Nvidia Corp. has reported stellar earnings, with profit and revenue soaring due to the company's dominance in AI chips. Its net income surged to $14.88 billion, a sevenfold increase from the previous year, and revenue tripled to $26.04 billion. Nvidia's shares also crossed the $1,000 mark for the first time. The company's CEO, Jensen Huang, emphasized the significant role of AI in the next "industrial revolution" and predicted an increase in the use of Nvidia chips for building AI factories. Analysts praised Nvidia's performance, highlighting its continued dominance in the AI hardware market.
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Nvidia takes an added role amid AI craze: Data-center designer
Livemint
·
11m ago
Medial
Nvidia is expanding its focus beyond AI chips and aiming to become a one-stop-shop for all elements involved in data centers. The company, known for its dominance in the AI chip market, now offers software, data-center design services, and networking technology. Nvidia aims to build an "AI factory" by integrating all the necessary parts, making its offerings more attractive to customers and securing its market share. Competitors like Advanced Micro Devices are also making acquisitions to challenge Nvidia's position, while regulators have raised concerns about Nvidia's dominance and market practices.
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Can Nvidia be dethroned? Meet the startups vying for its crown
Livemint
·
1y ago
Medial
Access to GPUs, particularly those made by Nvidia, is crucial for companies involved in artificial intelligence (AI). Nvidia's dominance in the market has driven its value to over $2 trillion. However, some companies are designing specialized AI chips to challenge Nvidia. Startups like Cerebras, Groq, and MatX are taking different approaches to improve performance and efficiency. Giants like Google and Amazon are also creating their own AI chips. While these newcomers face challenges such as Nvidia's software advantage, they aim to attract customers and potentially position themselves as acquisition targets.
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AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
Economic Times
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11m ago
Medial
AMD plans to acquire server maker ZT Systems for $4.9 billion in order to strengthen its artificial intelligence (AI) chips and hardware portfolio. With AI being a top priority for AMD, the addition of ZT Systems engineers will enable faster testing and rollout of its latest AI graphics processing units (GPUs) at the scale required by cloud computing giants like Microsoft. The deal is expected to contribute to AMD's financial performance by the end of 2025. Meanwhile, Nvidia's CEO, Jensen Huang, has previously mentioned the company's focus on creating and selling entire data centers or their components.
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Nvidia unveils flagship AI chip, the B200, aiming to extend dominance
Economic Times
·
1y ago
Medial
Nvidia CEO Jensen Huang unveiled the company's latest chip, the B200, at the annual developer conference. The new chip is 30 times faster in some tasks compared to its predecessor and aims to maintain Nvidia's dominance in the AI market. Huang also introduced software tools to assist developers in selling AI models more easily. However, the announcements did not provide new momentum for Nvidia's stock rally, and shares dipped in after-hours trading. Despite increasing competition from rivals like AMD and Intel, Nvidia remains at the forefront of graphics processing and continues to expand its software offerings.
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