Latest news with #MI350Series
Hans India
14 hours ago
- Business
- Hans India
AI chip market may touch $500 bn: AMD
San Jose: Advanced Micro Devices (AMD) Chief Executive Lisa Su has said that the chipmaker sees the artificial intelligence processor market topping $500 billion by 2028. The Silicon Valley company said the market is likely to grow at over 60 per cent annually to exceed $500 billion, from being a $45 billion opportunity in 2023. Addressing the company's flagship Advancing AI 2025 conference here on Thursday, Su said the growth will be led by the inferencing work, which is a shift from training. 'What I can tell you based on everything that we see today is that that number is going to be exceeding $500 billion by 2028,' Su said. The company unveiled the 'MI350 Series GPUs (graphic processing units)' at the flagship event along with a host of other said opting for the newly launched chips may be beneficial for customers, claiming that they issue up to 40 per cent more tokens per dollar. It can be noted that Nvidia is generally considered an entrenched player in the GPUs market, and the demand for its chips is very high.
Economic Times
a day ago
- Business
- Economic Times
AMD sees AI chip market exceeding $500 billion by 2028
Advanced Micro Devices (AMD) Chief Executive Lisa Su has said that the chipmaker sees the artificial intelligence processor market topping $500 billion by 2028. The Silicon Valley company said the market is likely to grow at over 60 per cent annually to exceed USD 500 billion, from being a $45 billion opportunity in 2023. Addressing the company's flagship Advancing AI 2025 conference here on Thursday, Su said the growth will be led by the inferencing work, which is a shift from training. "What I can tell you based on everything that we see today is that that number is going to be exceeding USD 500 billion by 2028," Su said. The company unveiled the "MI350 Series GPUs (graphic processing units)" at the flagship event along with a host of other products. Su said opting for the newly launched chips may be beneficial for customers, claiming that they issue up to 40 per cent more tokens per dollar. It can be noted that Nvidia is generally considered an entrenched player in the GPUs market, and the demand for its chips is very high. There are waiting periods as well for the chips. In her address, Su said that seven of the 10 largest AI customers, including the largest Indian telco Reliance Jio, are deploying AMD Instinct Accelerators at present. AMD had last year announced the MI350 and announced that the same offering, which has displayed a four-times increase in compute as compared to the previous generation, is in production now and will be commercially available from the third quarter onwards. During her address, Su spoke with a slew of clients and partners, including OpenAI chief executive Sam Altman, and senior executives from other companies like Meta, Microsoft and Oracle. Su said the company is focused on open architecture as a fundamental tenet in its approach to serving the AI world, an aspect which is different from the approach adopted by Nvidia. The company also launched a developer cloud access programme, under which it will grant access to the developer community to try and use its offerings first-hand. Su said the company believes that innovation happens faster when something is thrown open for the developers, and backed it up by citing examples from history as well. It also showcased the 'Helios AI Rack Scale' solution, a fully integrated AI platform and announced that the same will be available from the next year onwards.
Yahoo
a day ago
- Business
- Yahoo
AMD introduces new AI Infrastructure and accelerators
AMD has unveiled its vision for an open AI ecosystem at the Advancing AI 2025 event, highlighting a comprehensive integrated AI platform. The event also featured contributions from industry majors such as Meta, OpenAI, and Microsoft, who discussed their collaborations with AMD to advance AI solutions. Key announcements included the launch of the AMD Instinct MI350 Series accelerators, featuring the MI350X and MI355X models, which promise a fourfold increase in AI compute performance and a 35-fold improvement in inferencing capabilities compared to previous generations. The MI355X also offers significant price-performance advantages, generating up to 40% more tokens per dollar than competing products. The company showcased its open-standards rack-scale AI infrastructure, already deployed with the MI350 Series accelerators and 5th Gen AMD EPYC processors in hyperscaler environments like Oracle Cloud Infrastructure, with broader availability expected in the second half of 2025. Additionally, the company previewed its next-generation AI rack, "Helios," which will utilise the upcoming MI400 Series GPUs, anticipated to deliver up to ten times more performance for inference tasks. The latest version of AMD's open-source AI software stack, ROCm 7, was introduced to support the growing demands of generative AI and high-performance computing. ROCm 7 features enhanced compatibility with industry-standard frameworks and new development tools to facilitate AI development. AMD's MI350 Series has achieved a 38-fold improvement in energy efficiency, surpassing its five-year target, and the company has set a new goal for 2030 to achieve a 20-fold increase in rack-scale energy efficiency, according to the company. Additionally, the company has introduced the AMD Developer Cloud to support developers in AI projects. AMD chair and CEO Dr Lisa Su said: 'AMD is driving AI innovation at an unprecedented pace, highlighted by the launch of our AMD Instinct MI350 series accelerators, advances in our next generation AMD 'Helios' rack-scale solutions, and growing momentum for our ROCm open software stack. 'We are entering the next phase of AI, driven by open standards, shared innovation and AMD's expanding leadership across a broad ecosystem of hardware and software partners who are collaborating to define the future of AI.' Meta highlighted its use of MI300X for Llama 3 and Llama 4 inference, while OpenAI's CEO Sam Altman emphasised the importance of optimised hardware and software in AI infrastructure. Oracle Cloud Infrastructure announced its adoption of AMD's open rack-scale AI infrastructure, and other partners, including HUMAIN, Microsoft, Cohere, Red Hat, Astera Labs, and Marvell, shared their initiatives to enhance AI capabilities in collaboration with AMD. Recently, AMD acquired the Untether AI team, known for developing energy-efficient and fast AI inference chips for edge environments and enterprise data centres, according to CRN. "AMD introduces new AI Infrastructure and accelerators " was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 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
Time of India
a day ago
- Business
- Time of India
AMD AI Chip Market: AMD sees AI chip market exceeding $500 billion by 2028, ET Manufacturing
Advt Advt Advanced Micro Devices (AMD) Chief Executive Lisa Su has said that the chipmaker sees the artificial intelligence processor market topping $500 billion by Silicon Valley company said the market is likely to grow at over 60 per cent annually to exceed USD 500 billion, from being a $45 billion opportunity in the company's flagship Advancing AI 2025 conference here on Thursday, Su said the growth will be led by the inferencing work, which is a shift from training."What I can tell you based on everything that we see today is that that number is going to be exceeding USD 500 billion by 2028," Su company unveiled the "MI350 Series GPUs (graphic processing units)" at the flagship event along with a host of other said opting for the newly launched chips may be beneficial for customers, claiming that they issue up to 40 per cent more tokens per can be noted that Nvidia is generally considered an entrenched player in the GPUs market, and the demand for its chips is very high. There are waiting periods as well for the her address, Su said that seven of the 10 largest AI customers, including the largest Indian telco Reliance Jio, are deploying AMD Instinct Accelerators at had last year announced the MI350 and announced that the same offering, which has displayed a four-times increase in compute as compared to the previous generation, is in production now and will be commercially available from the third quarter her address, Su spoke with a slew of clients and partners, including OpenAI chief executive Sam Altman , and senior executives from other companies like Meta, Microsoft and Oracle Su said the company is focused on open architecture as a fundamental tenet in its approach to serving the AI world, an aspect which is different from the approach adopted by company also launched a developer cloud access programme, under which it will grant access to the developer community to try and use its offerings said the company believes that innovation happens faster when something is thrown open for the developers, and backed it up by citing examples from history as also showcased the 'Helios AI Rack Scale' solution, a fully integrated AI platform and announced that the same will be available from the next year onwards.
Time of India
a day ago
- Business
- Time of India
AMD sees AI chip market exceeding $500 billion by 2028
Live Events Advanced Micro Devices (AMD) Chief Executive Lisa Su has said that the chipmaker sees the artificial intelligence processor market topping $500 billion by Silicon Valley company said the market is likely to grow at over 60 per cent annually to exceed USD 500 billion, from being a $45 billion opportunity in the company's flagship Advancing AI 2025 conference here on Thursday, Su said the growth will be led by the inferencing work, which is a shift from training."What I can tell you based on everything that we see today is that that number is going to be exceeding USD 500 billion by 2028," Su company unveiled the "MI350 Series GPUs (graphic processing units)" at the flagship event along with a host of other said opting for the newly launched chips may be beneficial for customers, claiming that they issue up to 40 per cent more tokens per can be noted that Nvidia is generally considered an entrenched player in the GPUs market, and the demand for its chips is very high. There are waiting periods as well for the her address, Su said that seven of the 10 largest AI customers, including the largest Indian telco Reliance Jio, are deploying AMD Instinct Accelerators at had last year announced the MI350 and announced that the same offering, which has displayed a four-times increase in compute as compared to the previous generation, is in production now and will be commercially available from the third quarter her address, Su spoke with a slew of clients and partners, including OpenAI chief executive Sam Altman , and senior executives from other companies like Meta, Microsoft and Oracle Su said the company is focused on open architecture as a fundamental tenet in its approach to serving the AI world, an aspect which is different from the approach adopted by company also launched a developer cloud access programme, under which it will grant access to the developer community to try and use its offerings said the company believes that innovation happens faster when something is thrown open for the developers, and backed it up by citing examples from history as also showcased the 'Helios AI Rack Scale' solution, a fully integrated AI platform and announced that the same will be available from the next year onwards.
