AMD has officially announced the completion of its acquisition of Silo AI, the largest private AI lab in Europe, through an all-cash transaction valued at approximately $665 million. This strategic move is part of AMD’s ongoing commitment to delivering end-to-end AI solutions rooted in open standards, and it signifies a deepened partnership with the global AI ecosystem.
Silo AI’s Expertise and Contributions
Renowned for its team of world-class AI scientists and engineers, Silo AI has developed cutting-edge AI models, platforms, and solutions for large enterprise customers such as Allianz, Philips, Rolls-Royce, and Unilever. The team’s expertise spans diverse markets, and they have notably created state-of-the-art open-source multilingual large language models (LLMs) like Poro and Viking, designed specifically for AMD platforms.
Integration into AMD’s AI Group
The Silo AI team will now join the AMD Artificial Intelligence Group (AIG), led by AMD Senior Vice President Vamsi Boppana. By integrating Silo AI’s talent and software capabilities, AMD aims to elevate its AI solutions. “AI is our number one strategic priority, and we continue to invest in both the talent and software capabilities to support our growing customer deployments and roadmaps,” Boppana stated.
Impact on AI Solutions and Customer Experience
The acquisition is expected to enhance AMD’s ability to deliver top-tier AI solutions on its platforms, benefitting customers significantly. The team at Silo AI has extensive experience in developing and training state-of-the-art language models on AMD’s Instinct accelerators, addressing critical problems for end customers. This collaboration is anticipated to improve customer experiences and optimize AI solutions.
In summary, the acquisition of Silo AI marks a significant milestone for AMD in its strategic journey to bolster its AI ecosystem and deploy superior AI technology.
