About This Deal

Advanced Micro Devices acquired Nod.ai, a transaction announced in October 2023.

Nod.ai operates in AI software (open-source compilers). AMD agreed to acquire Nod.ai, a team specializing in open-source AI software and compiler-based automation, to strengthen its open AI software strategy. Nod.ai is a primary maintainer of and contributor to AI repositories including SHARK, Torch-MLIR and OpenXLA/IREE, and its technology accelerates deployment of AI models across AMD Instinct accelerators, Ryzen AI, EPYC, Versal SoCs and Radeon GPUs. Terms were not disclosed.

To advance AMD's open-software ecosystem and let customers more easily deploy high-performance AI models tuned for AMD hardware across data center, edge and client platforms.

Leading open-source AI compiler expertise; technology already deployed across cloud, edge and endpoint devices AMD Artificial Intelligence Group

Deal Terms

Acquirer
Advanced Micro Devices
Target
Nod.ai
Value
Not disclosed
Date
October 2023
Type
Full acquisition
Status
Official-source — no SEC filing

Transaction Details

Segment
AI software (open-source compilers)
Announced
October 10, 2023

In Their Words

The acquisition of Nod.ai is expected to significantly enhance our ability to provide AI customers with open software that allows them to easily deploy highly performant AI models tuned for AMD hardware.Vamsi Boppana, Senior Vice President, Artificial Intelligence Group, AMD
Our journey as a company has cemented our role as the primary maintainer and major contributor to some of the world's most important AI repositories, including SHARK, Torch-MLIR and OpenXLA/IREE code generation technology.Anush Elangovan, Co-founder and CEO, Nod.ai

Advisors

Advisory firms were not disclosed for this transaction.

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Sources: Press release ↗

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