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AMD to buy Finnish startup Silo AI for $665M in drive to compete with Nvidia

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Chipmaker AMD announces its acquisition of Finnish AI startup Silo AI for $665 million, signaling AMD's strategic move to compete more robustly with industry rival Nvidia.

  • AMD acquires Silo AI for $665mn
  • Silo AI is based in Finland
  • Deal marks competition with Nvidia
  • Acquisition focuses on AI capabilities
  • Silo AI is a leader in AI technology