AMD to acquire open-source AI software startup Nod.ai

NEW DELHI: Advanced Micro Devices (AMD) has signed a definitive agreement to acquire open-source artificial intelligence (AI) startup Nod.ai, in a bid to strengthen its software capabilities and catch up with AI market leader Nvidia.

“The addition of Nod.ai will bring an experienced team that has developed an industry-leading software technology that accelerates the deployment of AI solutions optimized for AMD Instinct data center accelerators, Ryzen AI processors, EPYC processors, Versal SoCs and Radeon GPUs to AMD,” the chipmaker said in a statement.