AMD has acquired Canadian AI chip startup Taalas, saying it plans to integrate Taalas’ technology to “develop system-level solutions with AMD Instinct GPUs.”
In a statement, AMD said the acquisition will allow the company to help customers deploy inference workloads more efficiently across a growing range of applications.
The financial terms of the deal were not disclosed, and the companies did not provide a timeline for when the deal is expected to close.
– Ben Wodecki/SDxCentral
Taalas was founded in August 2023 by Ljubisa Bajic, a former architect at both AMD and Nvidia and Tenstorrent co-founder, alongside engineers Drago Ignjatovic and Lejla Bajic. In October 2022, Bajic job-swapped with Tenstorrent CTO Jim Keller, before stepping down from the company entirely in March the following year.
