Latest news with #Brium
TechCrunch
4 days ago
- Business
- TechCrunch
AMD acqui-hires the employees behind Untether AI
In Brief AMD is continuing its acquisition spree. Semiconductor giant AMD acqui-hired the team behind Untether AI, a startup that develops AI inference chips, as originally reported by CRN. Untether claims that their chips are faster and more energy-efficient than their rivals. The terms of the deal weren't disclosed. Toronto-based Untether was founded in 2018 and has raised more than $150 million in venture capital from firms including Intel Capital, Radical Ventures, and Tracker Capital Management, among others. Untether released an AI chip in October meant to power physical AI applications in machines including cars and agricultural devices. Earlier this week, AMD announced it had acquired AI software optimization platform Brium. TechCrunch has reached out to AMD for more information.
Yahoo
5 days ago
- Business
- Yahoo
AMD Acquires Brium to Boost AI Performance, Challenges Nvidia's Dominance
On June 4, Advanced Micro Devices Inc. (NASDAQ:AMD) announced its acquisition of Brium to enhance its open AI software ecosystem and improve the performance of AI models on its hardware. Brium's expertise lies in driving efficient AI inference across various hardware platforms. AI inference helps trained AI models to draw conclusions from new data. Brium's technology is designed to make AI software work seamlessly across various hardware platforms, addressing a key challenge for AMD: many AI workloads are currently optimized for Nvidia's CUDA ecosystem, which limits the practical performance of AMD's Instinct GPUs. The acquisition marks AMD's 4th purchase in the past 2 years and challenges Nvidia Corp's (NASDAQ:NVDA) dominance in the AI hardware market, particularly in AI inference. Previous acquisitions include Silo AI in July 2024, in October 2023, and Mipsology in August 2023. These moves broaden AMD's reach and provide a competitive and open alternative to Nvidia's proprietary software dominance in the expanding AI landscape. Advanced Micro Devices Inc. (NASDAQ:AMD) is a global semiconductor company. It operates through four segments: Data Center, Client, Gaming, and Embedded. While we acknowledge the potential of LYFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
5 days ago
- Business
- Yahoo
AMD Acquires Another Company To Expand AI Arsenal
Advanced Micro Devices, Inc (NASDAQ:AMD) on Wednesday announced the acquisition of Brium, a team of compiler and AI software experts with deep expertise in machine learning, AI inference, and performance optimization. The financial terms of the transaction remain undisclosed. Brium brings advanced software capabilities that strengthen AMD's ability to deliver highly optimized AI solutions across the entire stack. Their work in compiler technology, model execution frameworks, and end-to-end AI inference optimization will play a key role in enhancing the efficiency and flexibility of AMD's AI acquisition marks the latest in a series of targeted investments, following AMD's acquisitions of Silo AI, and Mipsology, that boosts its ability to support the open-source software ecosystem and deliver optimized performance on its hardware. Last week, AMD announced the acquisition of Enosemi, a move to accelerate co-packaged optics innovation for AI systems. The financial terms of the deal remain undisclosed. AMD held $6.06 billion in cash and equivalents as of March 29, 2025. AMD stock plunged 29% in the last 12 months as it grappled with intensifying rivalry from Nvidia Corp (NASDAQ:NVDA), a cooling tech rally, and the Trump administration's tariff policies. AMD reported first-quarter revenue of $7.44 billion, up 36%, beating analyst estimates of $7.13 billion. The chipmaker reported first-quarter adjusted earnings of 96 cents per share, beating analyst estimates of 94 cents per share. AMD expects second-quarter revenue of approximately $7.4 billion, plus or minus $300 million. Analysts are currently forecasting second-quarter revenue of $7.24 billion. Price Action: AMD stock is trading higher by 0.42% to $119.08 premarket at last check Thursday. Read Next:Photo by jamesonwu1972 via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? ADVANCED MICRO DEVICES (AMD): Free Stock Analysis Report This article AMD Acquires Another Company To Expand AI Arsenal originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Channel Post MEA
5 days ago
- Business
- Channel Post MEA
AMD Acquires AI Software Startup Brium
AMD has announced the acquisition of Brium, a company specializing in compiler technology and AI software. The move is intended to expand AMD's ability to deliver optimized AI solutions and foster the development of an open AI software ecosystem. Anush Elangovan, Corporate VP Software Development at AMD, says Brium adds advanced software capabilities that will enahancing the efficiency and flexibility of AMD's AI platform. Brium's work in compiler technology, model execution frameworks, and end-to-end AI inference optimization are considered critical to these improvements. The acquisition of Brium is the latest in a series of targeted investments, following the acquisitions of Silo AI, and Mipsology, that together advance our ability to support the open-source software ecosystem and deliver optimized performance on AMD hardware. What makes Brium unique is their ability to optimize the entire inference stack before the model reaches the hardware. This reduces dependence on specific hardware configurations and enables faster, more efficient out of the box AI performance across a wide range of deployments. The Brium team is expected to contribute to key projects like OpenAI Triton, WAVE DSL, and SHARK/IREE. This work is essential to enabling faster, more efficient execution of AI models on AMD Instinct GPUs and also includes a focus on new precision formats such as MX FP4 and FP6. The acquisition of Brium strengthens this vision by bringing in deep expertise to accelerate the open-source tools that power our AI software stack. Brium's cross-domain capabilities, with expertise in libraries, compilers, build systems, distributed systems and machine learning techniques, should result in more integrated solutions for developers and customers. As AI becomes increasingly central to industries such as healthcare, life sciences, finance, and manufacturing, AMD is committed to meeting the specialized needs of customers in these verticals. This acquisition of Brium brings exactly the kind of expertise needed to advance this mission. Their successful porting of the Deep Graph Library (DGL) to AMD Instinct platform is a clear example of how they enable cutting-edge AI applications in health sciences. AMD says this acquisition is another step forward in AMD's mission to empower developers with an open, scalable AI software platform that unlocks the full potential of their hardware. The company will continue to invest in people, tools, and technologies that strengthen its ability to support the AI developer community and enable breakthroughs across industries.
Yahoo
6 days ago
- Business
- Yahoo
AMD takes aim at Nvidia's AI hardware dominance with Brium acquisition
AMD's latest acquisition could help reduce Nvidia's market dominance when it comes to AI hardware. Semiconductor giant AMD on Wednesday announced it acquired AI software optimization startup Brium. Terms of the deal were not disclosed. Brium is a startup that appears to be in stealth mode. The startup builds machine learning applications to enable AI inference, the process a trained AI model uses to draw conclusions from new data, across a variety of different hardware options, according to a blog post on Brium's bare-bones website. Cutting through that jargon a bit, Brium can help retrofit AI software to work with different AI hardware than it might have been designed for originally. In a press release, AMD said its acquisition of Brium will help its commitment to "building a high-performance, open AI software ecosystem that empowers developers and drives innovation." While AMD is saying that this acquisition helps create a more open AI ecosystem, which isn't wrong, it seems clear that it's also meant to help AMD overcome one of its biggest roadblocks: a large percentage of AI software is being designed for Nvidia hardware and chips. Brium's sole blog post, which came out in November 2024, talked about the industry's reliance on Nvidia and called out AMD specifically. "In recent years, the hardware industry has made strides towards providing viable alternatives to Nvidia hardware for server-side inference," the blog post reads. "Solutions such as AMD's Instinct GPUs offer strong performance characteristics, but it remains a challenge to harness that performance in practice as workloads are typically tuned extensively with Nvidia GPUs in mind. At Brium, we intend to enable efficient [model] inference across a range of hardware architectures." This is AMD's fourth strategic acquisition in the past two years, with the company's goal being to foster an open source AI ecosystem, according to the press release. The company previously acquired Silo AI (in July 2024), (October 2023), and Mipsology (August 2023). TechCrunch has reached out to AMD for more information. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
