AMD Strengthens AI Software Capabilities with Acquisition of Nod.ai

AMD acquires Nod.ai to expand open AI software capabilities and accelerate AI deployment.

Acquisition strengthens AMD's position vs Nvidia in software market where Nvidia leads with CUDA toolkit.

AMD benefits from strong product portfolio including EPYC CPUs, Radeon GPUs and partner base including Dell, Microsoft, AWS.

Over 670 AMD-powered cloud instances available now, expected to grow 30% to 900 by end of 2023.

Dell, HPE, Lenovo and Supermicro launching new servers with AMD's Bergamo chips this quarter.