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Advanced Micro Devices Completes $665 Million Acquisition of Silo AI
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Advanced Micro Devices Completes $665 Million Acquisition of Silo AI
Aug 12, 2024 7:18 AM

09:58 AM EDT, 08/12/2024 (MT Newswires) -- Advanced Micro Devices ( AMD ) said Monday that it has completed its previously announced acquisition of Finland-based private artificial intelligence lab Silo AI in an all-cash deal valued at about $665 million.

The Silo AI team will be a part of the AMD Artificial Intelligence Group, the chipmaker said.

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