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What will be the primary focus area of Silo AI's first major project under AMD within one year of the acquisition completion?
2
Resolution / Starting Odds
Natural Language Processing • 25%
Computer Vision • 25%
Robotics • 25%
Other AI Applications • 25%
Official announcements from AMD or Silo AI, or coverage by major tech news outlets.
Story
AMD to Acquire Europe's Largest Private AI Lab, Silo AI, for $665 Million
Jul 10, 2024, 01:10 PM
AMD announced the acquisition of Silo AI, Europe's largest private AI lab, in an all-cash deal worth $665 million. Silo AI, based in Helsinki, Finland, will continue to be led by its current CEO, Peter Sarlin, under AMD's AI Group. The acquisition is part of AMD's strategy to enhance its global AI solutions and compete with rivals such as Nvidia. The deal is expected to close in the second half of 2024. Following the announcement, AMD shares saw a pre-market increase of 2.50%.
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Enterprise AI models • 25%
Open-source language models • 25%
AI platforms for enterprise customers • 25%
Other • 25%
Increased AI product offerings • 25%
Enhanced hardware capabilities • 25%
Increased market share in AI sector • 25%
Other • 25%
Data Centers • 25%
Edge Computing • 25%
Consumer Electronics • 25%
Other • 25%
Data Centers • 25%
Consumer Electronics • 25%
Automotive • 25%
Healthcare • 25%
Healthcare • 25%
Automotive • 25%
Finance • 25%
Other • 25%
Increase by more than 5% • 25%
Increase by 5% or less • 25%
No significant change • 25%
Decrease • 25%
Cybersecurity • 25%
Autonomous Weapons • 25%
Intelligence Gathering • 25%
Other • 25%
Machine Learning • 25%
Natural Language Processing • 25%
Computer Vision • 25%
Other • 25%
AI in Education • 25%
AI in Workforce Development • 25%
AI in Public Safety • 25%
AI in Healthcare • 25%