![AMD Acquiring EU's Largest Private AI Lab for $665 Mn To Expand Enterprise AI Solutions Globally AMD Acquiring EU's Largest Private AI Lab for $665 Mn To Expand Enterprise AI Solutions Globally](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3WbpG5qgYpzdpxwAy6bwHM43JzjikQL4Y8xUZLHkAVfgtdc1Ob1ApbLp6pEC-vqhLiPGO_BtOZZAMdalS8pzWdXfTw5lbrY1a8BDTOkgr-a0bjUrNan3NVdWgs5_YY1AxZlJ-6_aq5beBO5FceNVVN365bMoBq7m6KSyVgfW6Hm9GY4njpE8d8INvMo8/s16000-rw/AMD_SILO-AI.png)
Silo AI, based in Helsinki, Finland, specializes in end-to-end AI-driven solutions, serving customers like Allianz, Philips, Rolls-Royce, and Unilever. Their expertise will further accelerate AMD's AI strategy, benefiting global customers with tailored AI models and solutions.
It is worth to note that Silo AI has been a pioneer in scaling large language model (LLM) training on LUMI, Europe’s fastest supercomputer powered by over 12,000 AMD Instinct MI250X GPUs.
Founded in 2017 by group of visionary individuals, Silo AI is Europe's largest private AI lab and on a mission to build a flagship AI company. They collaborate with industry leaders to create smarter products and businesses by integrating cutting-edge AI into core operations. The company expertise spans machine learning, computer vision, and natural language processing. Notably, they've successfully implemented over 200 AI solutions across diverse markets, serving clients like Allianz, Philips, Rolls-Royce, and Unilever.
Silo AI CEO and co-founder Peter Sarlin will continue to lead the Silo AI team as part of the AMD Artificial Intelligence Group, reporting to AMD senior vice president Vamsi Boppana. The acquisition is expected to close in the second half of 2024.
“Across every industry, enterprises are looking for fast and effective ways to develop and deploy AI solutions for their unique business needs,” said Vamsi Boppana, senior vice president of the Artificial Intelligence Group at AMD. “Silo AI’s team of trusted AI experts and proven experience developing leadership AI models and solutions, including state-of-the-art LLMs built on AMD platforms, will further accelerate our AI strategy and advance the build-out and rapid implementation of AI solutions for our global customers.”
Silo AI has introduced the multilingual large language model (LLM) called Poro 34B. It addresses language bias in AI and exhibits best-in-class performance for low-resource languages while excelling in English. Silo AI has also launched Poro, a revolutionary open-source AI model with a special focus on European languages. Poro aims to extend multilingual AI capabilities significantly, empowering developers and researchers.
Silo AI marks the latest in a series of acquisitions and corporate investments to support the AMD AI strategy. AMD has invested over $125 million across a dozen AI companies in the last 12 months and also acquired Mipsology and Nod.ai to expand the AMD AI ecosystem, support partners and advance leadership AMD computing platforms.
In 2022, AMD completed the all-stock acquisition of Xilinx, a leading FPGA maker, in a deal worth $49 billion. This strategic move strengthens AMD's position in high-performance and adaptive computing, combining their complementary products and IP.
AMD also acquired Pensando Systems, enhancing their innovation and diversity. Pensando brings expertise in areas like smart networking and software-defined infrastructure.
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