AMD wants to acquire Nod.ai to create AI applications for data centers

AMD wants to acquire AI company Nod.ai. The manufacturer wants to make it possible for companies to create AI applications for AMD hardware. Details about the takeover are not yet known.

AMD and Nod.ai have signed an acquisition agreement, say the companies. The companies do not disclose the acquisition amount and other agreements in the deal. AMD does not say whether, and if so how, it wants to adjust the corporate structure of Nod.ai.

Nod.ai makes artificial intelligence software for data centers. For example, the company has its own machine learning model and an accompanying automation software to optimize AI models for systems. AMD wants to offer Nod.ai tools and use them for customers. They can therefore run their own AI models on AMD hardware, the company says. In addition to Shark, Nod.ai also makes important contributions to tools such as Torch-MLIR and OpenXLA.

AMD hopes with the acquisition to better compete with other hardware manufacturers such as Nvidia. That company has benefited greatly from the rise of artificial intelligence in recent months. Sales of H100 GPUs for data centers recently pushed the company’s share price above a trillion dollars.