AMD to Acquire Open-Source AI Software Expert Nod.ai
2023年10月10日 - 10:00PM
AMD (NASDAQ: AMD) today announced the signing of a definitive
agreement to acquire Nod.ai to expand the company’s open AI
software capabilities. The addition of Nod.ai will bring an
experienced team that has developed an industry-leading software
technology that accelerates the deployment of AI solutions
optimized for AMD Instinct™ data center accelerators, Ryzen™ AI
processors, EPYC™ processors, Versal™ SoCs and Radeon™ GPUs to AMD.
The agreement strongly aligns with the AMD AI growth strategy
centered on an open software ecosystem that lowers the barriers of
entry for customers through developer tools, libraries and models.
“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,” said Vamsi Boppana, senior vice president, Artificial
Intelligence Group at AMD. “The addition of the talented
Nod.ai team accelerates our ability to advance open-source compiler
technology and enable portable, high-performance AI solutions
across the AMD product portfolio. Nod.ai’s technologies are already
widely deployed in the cloud, at the edge and across a broad range
of end point devices today.”
“At Nod.ai, we are a team of engineers focused on problem
solving — quickly – and moving at pace in an industry of constant
change to develop solutions for the next set of problems,” said
Anush Elangovan, co-founder and CEO, Nod.ai. “Our journey as a
company has cemented our role as the primary maintainer and major
contributor to some of the world's most important AI repositories,
including SHARK, Torch-MLIR and OpenXLA/IREE code generation
technology. By joining forces with AMD, we will bring this
expertise to a broader range of customers on a global scale.”
Nod.ai delivers optimized AI solutions to top hyperscalers,
enterprises and startups. The compiler-based automation software
capabilities of Nod.ai’s SHARK software reduce the need for manual
optimization and the time required to deploy highly performant AI
models to run across a broad portfolio of data center, edge and
client platforms powered by AMD CDNA™, XDNA™, RDNA™ and “Zen”
architectures.
About AMDFor more than 50 years AMD has driven
innovation in high-performance computing, graphics and
visualization technologies. Billions of people, leading Fortune 500
businesses and cutting-edge scientific research institutions around
the world rely on AMD technology daily to improve how they live,
work and play. AMD employees are focused on building leadership
high-performance and adaptive products that push the boundaries of
what is possible. For more information about how AMD is enabling
today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website,
blog, LinkedIn and Twitter pages.
Cautionary StatementThis press
release contains forward-looking statements concerning Advanced
Micro Devices, Inc. (AMD) such as the expected benefits of AMD’s
proposed acquisition of Nod.ai, which are made pursuant to the Safe
Harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements are commonly identified by
words such as "would," "may," "expects," "believes," "plans,"
"intends," "projects" and other terms with similar meaning.
Investors are cautioned that the forward-looking statements in this
press release are based on current beliefs, assumptions and
expectations, speak only as of the date of this press release and
involve risks and uncertainties that could cause actual results to
differ materially from current expectations. Such statements are
subject to certain known and unknown risks and uncertainties, many
of which are difficult to predict and generally beyond AMD's
control, that could cause actual results and other future events to
differ materially from those expressed in, or implied or projected
by, the forward-looking information and statements. Material
factors that could cause actual results to differ materially from
current expectations include, without limitation, the following:
Intel Corporation’s dominance of the microprocessor market and its
aggressive business practices; global economic uncertainty;
cyclical nature of the semiconductor industry; market conditions of
the industries in which AMD products are sold; loss of a
significant customer; impact of the COVID-19 pandemic on AMD’s
business, financial condition and results of operations;
competitive markets in which AMD’s products are sold; quarterly and
seasonal sales patterns; AMD's ability to adequately protect its
technology or other intellectual property; unfavorable currency
exchange rate fluctuations; ability of third party manufacturers to
manufacture AMD's products on a timely basis in sufficient
quantities and using competitive technologies; availability of
essential equipment, materials, substrates or manufacturing
processes; ability to achieve expected manufacturing yields for
AMD’s products; AMD's ability to introduce products on a timely
basis with expected features and performance levels; AMD's ability
to generate revenue from its semi-custom SoC products; potential
security vulnerabilities; potential security incidents including IT
outages, data loss, data breaches and cyber-attacks; potential
difficulties in upgrading and operating AMD’s new enterprise
resource planning system; uncertainties involving the ordering and
shipment of AMD’s products; AMD’s reliance on third-party
intellectual property to design and introduce new products in a
timely manner; AMD's reliance on third-party companies for design,
manufacture and supply of motherboards, software and other computer
platform components; AMD's reliance on Microsoft and other software
vendors' support to design and develop software to run on AMD’s
products; AMD’s reliance on third-party distributors and
add-in-board partners; impact of modification or interruption of
AMD’s internal business processes and information systems;
compatibility of AMD’s products with some or all industry-standard
software and hardware; costs related to defective products;
efficiency of AMD's supply chain; AMD's ability to rely on third
party supply-chain logistics functions; AMD’s ability to
effectively control sales of its products on the gray market;
impact of government actions and regulations such as export
administration regulations, tariffs and trade protection measures;
AMD’s ability to realize its deferred tax assets; potential tax
liabilities; current and future claims and litigation; impact of
environmental laws, conflict minerals-related provisions and other
laws or regulations; impact of acquisitions, joint ventures and/or
investments on AMD’s business and AMD’s ability to integrate
acquired businesses; impact of any impairment of the combined
company’s assets on the combined company’s financial position and
results of operation; restrictions imposed by agreements governing
AMD’s notes, the guarantees of Xilinx’s notes and the revolving
credit facility; AMD's indebtedness; AMD's ability to generate
sufficient cash to meet its working capital requirements or
generate sufficient revenue and operating cash flow to make all of
its planned R&D or strategic investments; political, legal,
economic risks and natural disasters; future impairments of
goodwill and technology license purchases; AMD’s ability to attract
and retain qualified personnel; AMD’s stock price volatility; and
worldwide political conditions. Investors are urged to review in
detail the risks and uncertainties in AMD’s Securities and Exchange
Commission filings, including but not limited to AMD’s most recent
reports on Forms 10-K and 10-Q.
PR Contact:Brandi
MartinaAMD Communications+1
512-705-1720Brandi.Martina@amd.com
Suresh BhaskaranAMD Investor
Relations+1 408-749-2845Suresh.Bhaskaran@amd.com
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