"It brings a thousand world-class design engineers into our team, it allows us to develop silicon and systems in parallel and, most importantly, get the newest AI infrastructure up and running in data centers as fast as possible," AMD's chief executive Lisa Su told the Financial Times.
"It really helps us deploy our technology much faster because this is what our customers are telling us [they need]," Su added.
The move comes as AMD seeks to break Nvidia's stranglehold on the AI data center chip market, which earlier this year saw Nvidia temporarily become the world's most valuable company as big tech companies pour billions of dollars into its chips to train and deploy powerful new AI models.
ZT Systems, a private company founded three decades ago, builds custom computing infrastructure for the biggest AI 'hyperscalers.' While the company does not disclose its customers, the hyperscalers include the likes of Microsoft, Meta, and Amazon.
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