AMD to acquire open-source AI software company Nod.ai
Fri 13 Oct 2023
AMD has announced the signing of a definitive agreement to acquire Nod.ai to expand the company’s open AI software capabilities.
Nod.ai develops software technology that accelerates the deployment of AI solutions optimised for AMD Instinct data centre accelerators, Ryzen AI processors, EPYC processors, Versal SoCs, and Radeon GPUs to AMD.
The agreement strongly aligns with the AMD AI growth strategy centered on an open software ecosystem that lowers the barriers of entry for customers through developer tools, libraries, and models.
“The acquisition of Nod.ai is expected to significantly enhance our ability to provide AI customers with open software that allows them to easily deploy highly performant AI models tuned for AMD hardware,” said Vamsi Boppana, Senior Vice President of the Artificial Intelligence Group at AMD.
Nod.ai technologies are already deployed in the cloud, at the edge, and across a broad range of end point devices.
“At Nod.ai, we are a team of engineers focused on problem solving — quickly – and moving at pace in an industry of constant change to develop solutions for the next set of problems,” said Anush Elangovan, Co-Founder and CEO of Nod.ai.
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