Jammu and Kashmir News Report
Buisness

AMD will purchase Nod.ai, an AI software firm, to compete with Nvidia

<p>With Nvidia dominating the market, chip giant AMD has revealed plans to extend its open AI software capabilities by paying an unknown fee to purchase open-source AI software specialist Nod.ai.<img decoding=”async” class=”alignnone wp-image-228591″ src=”https://www.theindiaprint.com/wp-content/uploads/2023/10/theindiaprint.com-amd-will-purchase-nod-ai-an-ai-software-firm-to-compete-with-nvidia-download-2023-.jpg” alt=”theindiaprint.com amd will purchase nod ai an ai software firm to compete with nvidia download 2023″ width=”1233″ height=”854″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2023/10/theindiaprint.com-amd-will-purchase-nod-ai-an-ai-software-firm-to-compete-with-nvidia-download-2023-.jpg 270w, https://www.theindiaprint.com/wp-content/uploads/2023/10/theindiaprint.com-amd-will-purchase-nod-ai-an-ai-software-firm-to-compete-with-nvidia-download-2023–150×104.jpg 150w” sizes=”(max-width: 1233px) 100vw, 1233px” title=”AMD will purchase Nod.ai, an AI software firm, to compete with Nvidia 6″></p>
<p>Nod.ai will enable businesses to use AI models optimized for AMD processors.</p>
<p>With the inclusion of Nod.ai, AMD will get a skilled team that has created a market-beating software innovation that speeds up the deployment of AI solutions tailored for AMD Instinct data center accelerators, Ryzen AI CPUs, EPYC processors, Versal SoCs, and Radeon GPUs.</p>
<p>According to Vamsi Boppana, senior vice president of AMD’s Artificial Intelligence Group, “the acquisition of Nod.ai is expected to significantly enhance our ability to provide AI customers with open software that allows them to easily deploy highly performant AI models tuned for AMD hardware.”</p>
<p>The technologies of Nod.ai are already extensively used in the cloud, at the edge, and on a variety of end point devices.</p>
<p>Anush Elangovan, co-founder and CEO of Nod.ai, stated, “At Nod.ai, we are a team of engineers focused on issue solving, swiftly, and moving at speed in an industry of perpetual change to build answers for the next set of difficulties.</p>
<p>We will be able to reach a wider spectrum of clients globally by collaborating with AMD, Elangovan continued.</p>
<p>To the best hyperscalers, businesses, and startups, Nod.ai offers optimized AI solutions.</p>
<p>Against the industry leader in GPUs, Nvidia, AMD has been working to grow its market share.</p>
<p>The majority of substantial language models use the in-demand H100 GPUs from Nvidia.</p>
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