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Kripa B January 9th, 2025 11:06 AM 0 COMMENTS

AMD Invests in Absci to Accelerate AI-Driven Drug Discovery

Generative AI drug creation company Absci Corporation announced on Wednesday a strategic collaboration with AMD to enhance its AI-driven drug discovery capabilities. Through this partnership, Absci will deploy AMD's Instinct accelerators and ROCm software to power critical AI drug discovery workloads, including de novo antibody design models. As part of the partnership, AMD is making a USD 20 million investment in Absci via a private investment in public equity (PIPE),... Read More

Kripa B December 17th, 2024 12:53 PM 0 COMMENTS

Liquid AI Raises USD 250 Million to Build Worm-Inspired AI Models: Report

Liquid AI, an MIT spin-off artificial intelligence startup and foundation model company, has reportedly closed a USD 250 million early-stage funding round, led by chipmaker Advanced Micro Devices (AMD), which is also its strategic partner, at a USD 2.3 billion valuation. Liquid AI develops Liquid Foundation Models (LFMs), which it claims are smaller, more efficient AI models for enterprise use, compared to traditional cloud-based offerings from OpenAI, AWS and Google... Read More

Kripa B November 22nd, 2024 3:14 PM 0 COMMENTS

AMD to Build Hardware-Agnostic Software Environment for AI Development: Report

Advanced Micro Devices (AMD) reportedly outlined the company's vision for an open-source, hardware-agnostic software ecosystem to accelerate artificial intelligence (AI) development, during CEO Lisa Su's address at the Indian Institute of Science (IISc). AMD, a key competitor to Nvidia in generative AI chips, is focusing on holistic system design to balance performance, power, and cooling constraints in advanced data centers, according to a Moneycontrol report. Also Read: AMD to Lay... Read More

Kripa B November 18th, 2024 3:23 PM 0 COMMENTS

Vodafone and AMD Collaborate to Develop Next-Gen Energy-Efficient AI-Enabled Base Stations

Vodafone and AMD are collaborating to develop advanced silicon chips for 5G base stations, aiming to boost capacity, enable AI-driven services, and enhance energy efficiency. This initiative, spearheaded at Vodafone's Innovation Centre in Malaga, Spain, uses AMD's Zynq UltraScale+ RFSoC (Radio Frequency System-on-Chip) technology to create adaptable, high-performance radio systems. Vodafone said this initiative will help reduce radio antennae size, lower energy consumption and decrease the number of base stations,... Read More

Kripa B November 15th, 2024 5:57 PM 0 COMMENTS

AMD to Lay Off 4 percent Workforce to Focus on AI Chip Development: Report

Advanced Micro Devices (AMD) is reportedly laying off 4 percent of its global workforce, or about 1,000 employees, to prioritise the development of AI chips, aiming to rival Nvidia in the high-stakes AI hardware market. AMD is seen as Nvidia's main competitor in the lucrative chip market that powers the data centers capable of processing the massive data sets used by generative AI (Gen AI) technologies such as OpenAI's ChatGPT,... Read More

Kripa B October 30th, 2024 11:35 AM 0 COMMENTS

OpenAI is Developing In-House AI Chip with Broadcom and TSMC: Report

OpenAI is reportedly collaborating with Broadcom and TSMC to develop its first in-house chip designed to support its artificial intelligence (AI) systems. Additionally, it is incorporating AMD chips alongside Nvidia chips to meet growing infrastructure demands, Reuters reported, citing sources. Also Read: OpenAI Raises USD 6.6 Billion to Accelerate AI Research and Expansion OpenAI Explores Custom Chip Development OpenAI, the company behind ChatGPT, has reportedly explored various options to diversify... Read More

Tanay Singh Thakur February 14th, 2024 5:49 PM 0 COMMENTS

Vodafone Partners with Samsung and AMD to Test Open RAN Chip

Vodafone announced that it partnered with Samsung and AMD to successfully demonstrate their first end-to-end data call leveraging AMD's new general-purpose processor or an Open RAN platform. This successful demonstration takes Vodafone one step closer to partnering up with companies to build an Open RAN ecosystem to drive competition and innovation in the market. With a strong Open RAN ecosystem, telcos will have more options to choose from when it... Read More

Shloke Sarkar April 28th, 2021 10:00 PM 1 COMMENTS

AMD Lifts Revenue Forecast Post High Chip Demand

Popular PC and laptop chip manufacturer AMD or Advanced Micro Devices announced on Tuesday that it would be raising its annual revenue forecast, with the company betting on strong demand for its chips used in both personal computers and data centres. This comes after a lacklustre year for the company’s primary competitor, intel, which failed to offer equally good chips at the same price, with AMD besting intel multiple times... Read More

Zara Ali March 11th, 2015 7:33 PM 1 COMMENTS

MediaTek’s future SoCs might feature AMD graphics

MWC has been more than just a platform for mobile and gadgets as it also acts as an ultimate venue for global technology trends and innovation. At the MWC this year, MediaTek and AMD have hinted about their possible cooperation in the future. If Industry sources are to be believed, we can expect a major cooperation between MediaTek and AMD. Both the companies have been in talks for a while... Read More