AMD to Buy European AI Lab Silo in Race Against Nvidia

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(Bloomberg) — Advanced Micro Devices Inc. has agreed to buy Silo AI for $665 million in cash, adding a maker of artificial intelligence models that will help its push to close the gap on Nvidia Corp.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersThe End of the Cheap Money Era Catches Up to Chelsea FC’s OwnerNYC Penthouse Sells for $135 Million in Priciest Deal Since 2022Microsoft, Apple Drop OpenAI Boar