AMD to acquire infrastructure player ZT Systems for $4.9B to amp up its AI ecosystem play

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AMD, the chipmaker hot on the heels of Nvidia in the AI computing race, today announced a big acquisition to boost its position as an “ecosystem” partner for companies building big artificial intelligence computing businesses: it announced that it will acquire ZT Systems, which provides compute design and infrastructure for so-called “hyperscalers” (the biggest technology © 2024 TechCrunch. All rights reserved. For personal use only.

Posted from: this blog via Microsoft Flow.

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