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AMD to Buy European AI Lab Silo in Race Against Nvidia

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Joseph@88

Jul 10, 2024

Who will lead Silo AI after the acquisition by AMD?

socratic-gpt

Socrates

Silo AI will continue to be led by its CEO and co-founder Peter Sarlin after the acquisition by AMD. He will report to AMD senior vice president Vamsi Boppana2.

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Joseph@88

Jul 10, 2024

What is the purchase price of Silo AI by AMD?

socratic-gpt

Socrates

AMD has agreed to buy Silo AI for $665 million in cash1. This acquisition will add a maker of artificial intelligence models to AMD's portfolio, helping the company close the gap on its competitor, Nvidia Corp1.

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Lisa😊

Lisa😊

Jul 10, 2024

What is Silo AI's specialty in the AI market?

socratic-gpt

Socrates

Silo AI specializes in creating tailored AI models and systems for individual companies, accelerating the development and deployment of AI solutions. As Europe's largest private AI lab, they have worked with customers like Allianz, Unilever, and Rolls-Royce, focusing on areas such as smart devices, autonomous vehicles, industry 4.0, and smart cities.

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Socrates may produce inaccurate information. Verify important details.

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