AMD Buying Nod.ai To Expand Open AI Software Platform

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Summary

AMD recently announced the signing of a definitive agreement to acquire Nod.ai to expand the company’s open AI software capabilities. This agreement strongly aligns with the AMD’s AI growth strategy centered on an open software ecosystem that lowers the barriers of entry for customers through developer tools, libraries and models. And the compiler-based automation software capabilities of Nod.ai’s SHARK software reduce the need for manual optimization and the time required to deploy highly performant AI models to run across a broad portfolio of data center, edge and client platforms powered by AMD CDNA, XDNA, RDNA and “Zen” architectures. The addition of the talented Nod.ai team accelerates our ability to advance open-source compiler technology and enable portable, high-performance AI solutions across the AMD product portfolio. Our journey as a company has cemented our role as the primary maintainer and major contributor to some of the world’s most important AI repositories, including SHARK, Torch-MLIR and OpenXLA/IREE code generation technology.

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Engineering & Scientific

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Developer Tools AI Development Platforms Semiconductor Software

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AMD
$25M to $50M