AMD has officially announced the acquisition of Silo AI, Europe’s largest private AI lab, in an all-cash deal valued at approximately $665 million (¥48.3 billion RMB).
This move underscores AMD’s commitment to expanding its presence in the artificial intelligence sector, directly positioning itself against NVIDIA’s dominance in AI hardware and software.
About Silo AI #
Headquartered in Helsinki, Finland, Silo AI operates across Europe and North America with a team of over 300 AI scientists and engineers. The company specializes in end-to-end AI-driven solutions, enabling enterprises to integrate AI technologies into their products, services, and operational workflows.
Silo AI’s client base includes major global companies such as Allianz, Philips, Rolls-Royce, and Unilever.
Key assets gained from the acquisition include:
- SiloGen, the company’s flagship AI model platform.
- Advanced open-source large language models (LLMs) — including Poro and Viking — that have already established strong ties to AMD’s hardware ecosystem.
Strategic Significance #
AMD stated that this acquisition will:
- Expand its AI software and model portfolio.
- Strengthen its end-to-end AI development capabilities, from silicon design to large-scale model deployment.
- Enhance its competitive stance against NVIDIA, the market leader in AI accelerators.
This purchase aligns with AMD’s ongoing AI investment strategy:
- Over the past year, AMD has invested over $125 million in more than a dozen AI startups.
- Previous acquisitions — such as Mipsology and Nod.ai — have focused on improving AI software stacks and deployment efficiency across AMD’s GPU platforms.
The Silo AI acquisition is expected to close in the second half of 2024, after which Silo AI will operate as part of the AMD AI Group.
Peter Sarlin, Silo AI’s co-founder and CEO, will continue to lead the division under AMD.
Leadership Commentary #
Peter Sarlin, CEO of Silo AI, shared his vision for the collaboration:
“From the very beginning, our mission at Silo AI has been to build a flagship AI company. Today’s announcement marks the natural next step—joining forces with AMD to shape the future of AI computing.”
Outlook #
By integrating Silo AI’s talent, models, and technologies, AMD significantly expands its global AI footprint. The acquisition brings AMD closer to delivering a comprehensive AI ecosystem that spans from hardware architecture to model deployment.
As the AI race intensifies, AMD’s strategic expansion reflects its ambition to challenge NVIDIA’s leadership and establish itself as a key player in the next wave of AI infrastructure innovation.