AMD to acquire infrastructure player ZT Systems for $4.9B to amp up its AI ecosystem play

AMD, the chipmaker hot on the heels of Nvidia in the AI computing race, today announced a big acquisition to boost its position as an “ecosystem” partner for companies building big artificial intelligence computing businesses: it announced that it will acquire ZT Systems, which provides compute design and infrastructure for so-called “hyperscalers” (the biggest technology […] © 2024 TechCrunch. All rights reserved. For personal use only.

Aug 19, 2024 - 13:40

0 4

AMD to acquire infrastructure player ZT Systems for $4.9B to amp up its AI ecosystem play

AMD, the chipmaker hot on the heels of Nvidia in the AI computing race, today announced a big acquisition to boost its position as an “ecosystem” partner for companies building big artificial intelligence computing businesses: it announced that it will acquire ZT Systems, which provides compute design and infrastructure for so-called “hyperscalers” (the biggest technology […]