DeeperML

AMD has announced its acquisition of ZT Systems for $4.9 billion, marking a significant move into the AI infrastructure arena. The acquisition, which was first disclosed last August, was priced at $4.9 billion. AMD anticipates that the transaction will be accretive on a non-GAAP basis by the end of 2025. The acquisition is part of a trend of chip makers integrating with the AI factory.

AMD's acquisition of ZT Systems 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.” Forrest Norrod, EVP/GM of AMD's Data Center Solutions business unit, stated that reducing the design and deployment time of cluster-level data center AI systems will be a significant competitive advantage. In addition, prior to this announcement, AMD secured a 30,000 GPU cluster deal with Oracle.

ImgSrc: insideainews.co

References :

• Analytics India Magazine: AMD Acquires AI Infrastructure Firm ZT Systems for $4.9 Billion
• insideAI News: AI Factory: AMD in $4.9 Billion Acquisition of ZT Systems
• insidehpc.com: AI Factory: AMD in $4.9 Billion Acquisition of ZT Systems
• www.networkworld.com: Roundup: AMD closes ZT Systems and teams with Rapt for AI development; bands with Oracle

Classification:

• HashTags: #AMD #AIinfrastructure #ZTSystems
• Company: AMD
• Target: AI Market
• Product: AI Infrastructure
• Feature: AI Infrastructure
• Type: AI
• Severity: Informative