Advanced Micro Devices to Invest Up to $250M in Nutanix

Advanced Micro Devices to Invest Up to $250M in Nutanix

Targeting the potential AI inference market, Advanced Micro Devices (AMD) and Nutanix sign a multi-year agreement to deliver open AI infrastructure platforms for enterprise applications. This agreement harmonizes both companies’ commitment to powering an open AI ecosystem, which facilitates high-performance, production-ready, and energy-efficient solutions for agentic AI workloads.  Beyond a partnership agreement, this deal involves … Read more

Meta and AMD Strike Up 6-Gigawatt Deal For AI Data Centers, Set To Own 10% of The Chipmaker

Meta and AMD Strike Up 6-Gigawatt Deal For AI Data Centers, Set To Own 10% of The Chipmaker

Social media and tech giant Meta Platforms (Nasdaq: META) has reached a multi-billion dollar, multi-year deal to purchase artificial intelligence chips from Advanced Micro Devices (Nasdaq: AMD) to power its data centers. AMD has been slowly gaining ground in the AI compute market as companies look to reduce their reliance on Nvidia (Nasdaq: NVDA). Surging … Read more