Filing: AMD will pay ~$2.9B in cash and stock for AI chip startup Taalas, with $1.4B dependent on unspecified conditions; the deal was announced in August (Murad Hemmadi/Globe and Mail)

Techmemeen

Filing: AMD will pay ~$2.9B in cash and stock for AI chip startup Taalas, with $1.4B dependent on unspecified conditions; the deal was announced in August (Murad Hemmadi/Globe and Mail)

Murad Hemmadi / Globe and Mail : Filing: AMD will pay ~$2.9B in cash and stock for AI chip startup Taalas, with $1.4B dependent on unspecified conditions; the deal was announced in August — Advanced Micro Devices Inc. AMD-Q said Wednesday that it will pay about US$2.9-billion for Toronto-based semiconductor startup Taalas Inc. …

This is a short summary published by AI Global Wire. The full article is owned and hosted by Techmeme — open it there to read it in full.

Read the full story at Techmeme

    Related AI news