AMD has added another tech startup to its expanding empire.
The semiconductor powerhouse quietly brought on board the key minds behind Untether AI, a Toronto startup specializing in chips that help artificial intelligence models run more efficiently.
Investors had bet big on Untether AI since its founding in 2018, with the company raising over one hundred fifty million dollars from backers like Intel Capital and Radical Ventures.
The financial specifics of this deal remain a mystery, as neither AMD nor Untether AI has shared what kind of numbers changed hands.
What sets Untether’s technology apart is its focus on pushing faster, lower-power chips into the world of machine learning.
The chips Untether launched last October were designed with real world machines in mind, ranging from vehicles to equipment for farms.
AMD announced earlier this week that it scooped up an AI software optimization company called Brium, extending a string of recent artificial intelligence related buys.
AMD’s Ongoing Pursuit of AI Innovation
Acquiring skilled teams behind new AI chip designs gives AMD fresh opportunities to compete with entrenched rivals.
While the competition to build better AI hardware heats up, AMD has doubled down on both silicon and software playbooks.
Untether’s engineers and their experience designing inference chips could accelerate AMD’s ambitions in sectors ripe for automation and smarter computing.
As the industry races to integrate more intelligence into every corner of machines and devices, AMD appears determined not to get left behind.
The company’s response to requests for comment has so far stayed under wraps.
AMD’s recent acquisitions reveal the company’s intent to claim more of the AI market, uniting hardware brains with analytics savvy across several fronts.
These moves point to a broader strategy unfolding at AMD, where the quest to make artificial intelligence faster and more accessible is a daily mission.
