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AMD buys ZT Systems for $4.9B

AMD instinct
Translate from : AMD køber ZT Systems for $4.9B
AMD strengthens AI ecosystem with acquisition of ZT Systems. AMD invests 4.9 billion in data center technology.
By Maria
20 aug. 2024 06:30 am
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AI is a hot topic in the tech world, and it continues to have a significant impact on the data center industry. Until now, NVIDIA has led the way in this area with strategic investments in GPU architectures and infrastructure.

But AMD is not far behind, and they are making bold efforts to strengthen their AI ecosystems. AMD has just announced that it will acquire ZT Systems, a hyperscale solutions provider, in a stock and cash transaction valued at $4.9 billion.

AMD buys ZT Systems.jpg

This acquisition is part of AMD's strategy to increase its presence in the AI world and strengthen its infrastructure. ZT Systems is a leading supplier of hyperscale servers and data center solutions.

Their expertise and technology will allow AMD to expand and improve their AI ecosystems, thus competing directly with NVIDIA. AMD has shown that they are serious about their investment in AI. With the acquisition of ZT Systems, it seems they are taking their commitment to the next level. It will be interesting to see how this will affect the AI industry in the future.

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