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2025-06-12 Advancing AI 2025 Keynote
Meta, OpenAI, xAI, Oracle, Microsoft, Cohere, HUMAIN, Red Hat, Astera Labs and Marvell discussed how they are partnering with AMD for AI solutions
The latest version of the AMD open-source AI software stack, ROCm 7, is engineered to meet the growing demands of generative AI and high-performance computing workloads—while dramatically improving developer experience across the board. ROCm 7 features improved support for industry-standard frameworks, expanded hardware compatibility and new development tools, drivers, APIs and libraries to accelerate AI development and deployment.
AMD also announced the broad availability of the AMD Developer Cloud for the global developer and open-source communities.
- 2025-03-31 AMD Completes Acquisition of ZT Systems
SANTA CLARA, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the completion of its acquisition of ZT Systems, a leading provider of AI and general-purpose compute infrastructure for the world’s largest hyperscale providers. The acquisition will enable a new class of end-to-end AI solutions based on the combination of AMD CPU, GPU and networking silicon, open-source AMD ROCm™ software and rack-scale systems capabilities. It will also accelerate the design and deployment of AMD-powered AI infrastructure at scale optimized for the cloud.
AMD expects the transaction to be accretive on a non-GAAP basis by the end of 2025. The world-class design teams will join the AMD Data Center Solutions business unit led by AMD Executive Vice President Forrest Norrod. AMD is actively engaged with multiple potential strategic partners to acquire ZT Systems’ industry-leading U.S.-based data center infrastructure manufacturing business in 2025.
“With the rapid pace of innovation in AI, reducing the end-to-end design and deployment time of cluster-level data center AI systems will be a significant competitive advantage for our customers,” said Forrest Norrod, executive vice president and general manager, Data Center Solutions business unit at AMD.
Former ZT Systems Founder and CEO Frank Zhang joins AMD as senior vice president of ZT Manufacturing, reporting to Forrest Norrod, where he will help lead the divestiture of the manufacturing business. Former ZT Systems President Doug Huang joins AMD as senior vice president of Data Center Platform Engineering, also reporting to Forrest Norrod. In this role, he will lead design and customer enablement teams, working closely with the AMD Data Center Solutions business unit and AI Group to accelerate time-to-market for data center AI solutions.
2024-09-19 AI PCs Have Arrived: Shipments Rising, Competition Heating Up
2024-08-30 Here's A Reality Check On AMD Vs. Nvidia That May Surprise You (AMD Upgrade)
2024-08-19 Why AMD Spent $4.9 Billion To Buy ZT Systems
SANTA CLARA, Calif., Aug. 12, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced the completion of its acquisition of Silo AI, the largest private AI lab in Europe. The all-cash transaction valued at approximately $665 million furthers the company’s commitment to deliver end-to-end AI solutions based on open standards and in strong partnership with the global AI ecosystem.
Silo AI brings a team of world-class AI scientists and engineers to AMD experienced in developing cutting-edge AI models, platforms and solutions for large enterprise customers including Allianz, Philips, Rolls-Royce and Unilever. Their expertise spans diverse markets and they have created state-of-the-art open source multilingual Large Language Models (LLMs) including Poro and Viking on AMD platforms. The Silo AI team will join the AMD Artificial Intelligence Group (AIG), led by AMD Senior Vice President Vamsi Boppana.
- 2024-07-12 Downgrade Alert: AMD's Uphill Battle Against Nvidia Is Getting Much Steeper
- 2024-07-09 AI PC Stocks: Emerging 2024 And 2025 Story
- 2024-07-08 Nvidia: Upside Potential Is Greater Than You May Think
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Q4 2022
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Q3 2022
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Q2 2022
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Q1 2022
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Q4 2021
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Q2 2021
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Q4 2020
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