AMD said on Tuesday it plans to buy an artificial intelligence startup called Nod.ai as part of an effort to bolster its software capabilities.
In its race to catch rival chipmaker Nvidia (NVDA.O), Advanced Micro Devices (AMD.O) plans to invest heavily in the critical software necessary for the company's advanced AI chips. Through more than a decade of work, Nvidia has built a powerful advantage in the AI chip market through the software it makes, and the software developer ecosystem.
AMD has vowed to invest in and build a unified collection of software to power the various chips the company makes ...
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