AMD's acquisition of Silo AI is part of its strategy to enhance its enterprise AI solutions and compete with Nvidia, who currently leads in AI development. Silo AI's CEO will lead the team within AMD's Artificial Intelligence Group.
Silo AI specializes in integrating AI functionalities into products and services, delivering over 200 AI projects. The company has a strong customer base across Europe and North America, including brands like Philips and Rolls-Royce.
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