AMD Buys Nod.ai of Santa Clara

<p align&equals;"left"><strong>SANTA CLARA<&sol;strong> &&num;8212&semi; AMD has agreed to acquire Nod&period;ai to expand the company’s open AI software capabilities&period; The addition of Nod&period;ai &&num;8212&semi; also based in Santa Clara &&num;8212&semi; will bring an experienced team that has developed an industry-leading software technology that accelerates the deployment of AI solutions optimized for AMD Instinct data center accelerators&comma; Ryzen AI processors&comma; EPYC processors&comma; Versal SoCs and Radeon GPUs to AMD&period;<&sol;p>&NewLine;<p align&equals;"left">The terms of the deal were not disclosed&period; Nod&period;ai is a private company founded in 2013 with investors including 8Square Capital&comma; Atlantic Bridge&comma; Pointguard Ventures&comma; and Walden International&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The acquisition of Nod&period;ai is expected to significantly enhance our ability to provide AI customers with open software that allows them to easily deploy highly performant AI models tuned for AMD hardware&comma;” said Vamsi Boppana&comma; senior vice president&comma; Artificial Intelligence Group at AMD&period; &OpenCurlyDoubleQuote;The addition of the talented Nod&period;ai team accelerates our ability to advance open-source compiler technology and enable portable&comma; high-performance AI solutions across the AMD product portfolio&period; Nod&period;ai’s technologies are already widely deployed in the cloud&comma; at the edge and across a broad range of end point devices today&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;At Nod&period;ai&comma; we are a team of engineers focused on problem solving — quickly – and moving at pace in an industry of constant change to develop solutions for the next set of problems&comma;” said Anush Elangovan&comma; co-founder and CEO&comma; Nod&period;ai&period; &OpenCurlyDoubleQuote;Our journey as a company has cemented our role as the primary maintainer and major contributor to some of the world&&num;8217&semi;s most important AI repositories&comma; including SHARK&comma; Torch-MLIR and OpenXLA&sol;IREE code generation technology&period; By joining forces with AMD&comma; we will bring this expertise to a broader range of customers on a global scale&period;”<&sol;p>&NewLine;<p>Nod&period;ai delivers optimized AI solutions to top hyperscalers&comma; enterprises and startups&period; The compiler-based automation software capabilities of Nod&period;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&comma; edge and client platforms powered by AMD CDNA&comma; XDNA&comma; RDNA and &OpenCurlyDoubleQuote;Zen” architectures&period;<&sol;p>&NewLine;