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AMD Is Buying Silo AI For $665M As AI Arms Race Intensifies

AMD Is Buying Silo AI For $665M As AI Arms Race Intensifies
The artificial intelligence (AI) arms race is reaching a fever pitch, bolstered by AMD signing a definitive agreement to acquire Silo AI, Europe’s biggest private AI lab, in an all-cash deal valued at around $665 million. That’s not chump change and we could see more big-dollar investments like this as companies look to add to their AI arsenal,