AMD to acquire AI software startup as it seeks to catch up with Nvidia

AMD will acquire Nod.AI, an open-source AI software startup, in order to expand the chipmaker's AI software operations , AMD announced Tuesday.

Nod.AI, or Nod Labs, builds open-source technologies for "future AI systems" and mainly specializes in reinforcement learning, an AI method that operates via trial and error.

Nod.AI, or Nod Labs, builds open-source technologies "for future AI systems," according to the startup, and it mainly specializes in reinforcement learning, a type of system that "learns" via trial and error.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AMD to acquire AI software startup in effort to catch NvidiaAMD to acquire AI software startup in effort to catch Nvidia
Read more »

Here are 20 stocks I'm watching Tuesday, including Lilly, AMD and Goldman SachsThese are some of the tickers on Jim’s radar for Tuesday, Oct. 10, taken directly from his reporter’s notebook.
Read more »

Nvidia and Marvell Are Still Winners, but Sell These 2 Chip Stocks, Citi SaysCiti analysts downgrade Skyworks Solutions and Qorvo to Sell from Neutral. It keeps Buy ratings on Nvidia and Marvell.
Read more »

Nvidia and Marvell Are Still Winners, but Sell These 2 Chip Stocks, Citi SaysCiti analysts downgraded Skyworks Solutions and Qorvo to Sell from Neutral in a Tuesday report. It kept Buy ratings on Nvidia and Marvell.
Read more »

Did WWE Make Another CM Punk Reference on Monday Night RAW?Shinsuke Nakamura drops a subtle nod to CM Punk while attacking Ricochet ahead of a match.
Read more »