AMD Will Acquire Nod.ai

AMD announced plans to acquire open-source AI platform Nod.ai to accelerate advancements in the company's AI software resources. There is no denying that AMD and NVIDIA are currently in a "technology race", especially in the field of artificial intelligence. Both companies are trying to improve their software capabilities, which ultimately aims to increase computing performance. However, AMD is lagging behind in all areas, and now NVIDIA has become the dominant force in the market and has captured almost the entire share. With the acquisition of Nod.ai, AMD aims to support the development of the company's software resources to challenge its competitors.

Also Read: LimmaTech Biologics Receives $37 Million Investment

AMD & Nod.ai

The company is widely recognised for its high-performance machine learning deployment mechanism called "SHARK". The automation software eliminates the need for manual optimisation and helps deploy AI models "fast". This helps AMD to enhance its existing products, such as AMD CDNA, XDNA, RDNA and "Zen" architectures. The official figures of the acquisition have not yet been disclosed, but will be revealed once the deal is signed. But it's clear that with the addition of Nod.ai to Team Red's camp, the company is ramping up its efforts to develop AI software resources that will help it compete with rivals like NVIDIA's CUDA in the long run. We could see a much more competitive field in the coming years, especially after the release of next-generation AI accelerators such as Instinct MI400, which will provide significant computing performance.