AMD acqui-hires the employees behind Untether AI

In an ongoing effort to bolster its position in the semiconductor market, AMD has made headlines by acquiring the talented workforce behind Untether AI, a startup specializing in AI inference chips. This move was first highlighted by CRN, showcasing AMD's aggressive strategy to enhance its AI offerings. Untether AI, a Canadian company established in 2018, has garnered significant attention for its innovative chips, which they assert are not only faster but also more energy-efficient than competing products. While the financial details of the acquisition remain undisclosed, it's noteworthy that Untether has successfully raised over $150 million in venture funding from prominent investors, including Intel Capital and Radical Ventures. The startup recently launched an AI chip designed to optimize physical AI applications across various industries, including automotive and agriculture. This acquisition follows AMD's earlier announcement regarding the purchase of Brium, an AI software optimization platform, further emphasizing its commitment to advancing AI technologies. TechCrunch has reached out to AMD for additional insights into this strategic acquisition.