AMD Acquires Untether AI Team - Expanding AI Capabilities

AMD Expands AI Capabilities Through Strategic Acquisition

AMD is actively pursuing a strategy of growth through acquisitions, bolstering its position in the technology sector.

Recently, the semiconductor leader completed the acquisition of the team from Untether AI, a startup specializing in the development of AI inference chips. This information was initially reported by CRN.

Untether AI's Technology

Untether AI asserts that its chips offer superior performance and energy efficiency when compared to competing products.

Founded in 2018 and based in Toronto, Untether had secured over $150 million in venture funding. Investors included prominent firms such as Intel Capital, Radical Ventures, and Tracker Capital Management.

The company launched an AI chip in October, designed to facilitate the implementation of physical AI applications in various machines. These include applications within the automotive industry and in agricultural equipment.

Recent AMD Acquisitions

This acquisition follows AMD’s earlier announcement of the purchase of Brium, a platform focused on AI software optimization.

Further details regarding the Untether AI deal were not publicly revealed. The financial terms remain undisclosed.

AMD has been contacted by TechCrunch for additional commentary.