As advances in artificial intelligence continue unabated, tech giants have taken steps to differentiate themselves in the race. One of the largest hardware manufacturers AMD was one of them. Last month, the American company met with the Finnish artificial intelligence company. Silo AI acquired we have seen.

Today a brand new acquisition came from AMD. American company that develops server solutions ZT Systems was acquired for a stunning price announced.

The deal value is $4.9 billion

According to the statements made, the price of the agreement between AMD and ZT Systems $4.9 billion (TL 165 billion). AMD will make the payment in both cash and shares. 75% in cash and 25% in shares It states that it will be paid as.

AMD made this purchase from companies that were taking off thanks to artificial intelligence. Competing with NVIDIA what it does. With the combination of ZT Systems By integrating data center technologies He wants to make this possible. ZT Systems will now be part of AMD’s data center solutions division. AMD will retain the company’s design and customer teams, but will close the manufacturing division.

ZT Systems was a company with significant experience and customers in producing servers for data centers. Among its customers were companies that invested billions of dollars in artificial intelligence. Therefore, it is possible to say that it will be a very useful acquisition for AMD. CEO Lisa Su also said: “I believe the acquisition will significantly strengthen our artificial intelligence systems in data centers,” he said.

Over time, we will see what the results will be of the investments in artificial intelligence that AMD has recently spent billions of dollars on. Time will tell if they can really compete with NVIDIA in this regard.