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AMD acquires Nod.ai to bolsters its AI software ecosystem

From TechCrunch

By Kyle Wiggers

October 11, 2023

AMD acquires Nod.ai to bolsters its AI software ecosystem

AMD yesterday acquired Nod.ai, an open source AI software provider, as the chipmaker looks to bolster its efforts to build an ecosystem of AI development tools, libraries and models around its hardware. The acquisition is expected to close this quarter, CNBC reports. AMD didn’t disclose the details of the transaction. In a press release, AMD […]

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Travis Kalanick’s robotics company raises $1.7B, led by a16z

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Arcee, a US open source AI lab, says Chinese models are not inherently dangerous

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AMD and Korean telco KT back AI software developer Moreh in $22M Series B

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Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users

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Benchmark-backed Ollama has amassed 176,000 stars, and nearly 17,000 forks on GitHub by helping developers easily run AI on their PCs.

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Nvidia completes acquisition of AI infrastructure startup Run:ai

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Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure. As part of the merger, Run:ai said its software, which currently only works with Nvidia products, will be open sourced, meaning Nvidia rivals like AMD and Intel will be able to adapt it for their hardware. “We are eager to build on the achievements we’ve obtained until now, expand our talented team, and grow our product and market reach,” Run:ai told Bloomberg in a stat

Dec 30, 2024

CoreWeave, which provides cloud infrastructure for AI training, secures $2.3B loan

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As organizations rush to embrace AI, it’s putting the cloud — or clouds, rather — under strain. Amazon Web Services, Microsoft, Google and Oracle, facing an unprecedented spike in demand for the server chips that train and run AI-powered software, are limiting their availability for customers. Microsoft has been particularly candid about its struggles, warning […]

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Most Recent

Travis Kalanick’s robotics company raises $1.7B, led by a16z

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Uber is also investing in Travis Kalanick's company Atoms, which has made gauzy claims about using industrial AI to modernize the world.

Jul 22, 2026

Arcee, a US open source AI lab, says Chinese models are not inherently dangerous

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As Chinese AI models grow in capability and popularity among U.S. companies, the arguing over what should be done about them has reached a fever pitch.

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Cascade raises $3.5M to help construction firms find and win projects

Cascade raises $3.5M to help construction firms find and win projects

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AMD and Korean telco KT back AI software developer Moreh in $22M Series B

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Advanced Micro Devices (AMD) and Korean telco KT are among the investors of Moreh, which builds an AI software tool that optimizes and creates AI models. The Santa Clara- and Seoul-based startup said it has raised a $22 million Series B round, bringing its total raised to $30 million. Moreh says its flagship AI software, called […]

Oct 25, 2023

Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users

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Jul 9, 2026

Nvidia completes acquisition of AI infrastructure startup Run:ai

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Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure. As part of the merger, Run:ai said its software, which currently only works with Nvidia products, will be open sourced, meaning Nvidia rivals like AMD and Intel will be able to adapt it for their hardware. “We are eager to build on the achievements we’ve obtained until now, expand our talented team, and grow our product and market reach,” Run:ai told Bloomberg in a stat

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CoreWeave, which provides cloud infrastructure for AI training, secures $2.3B loan

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As organizations rush to embrace AI, it’s putting the cloud — or clouds, rather — under strain. Amazon Web Services, Microsoft, Google and Oracle, facing an unprecedented spike in demand for the server chips that train and run AI-powered software, are limiting their availability for customers. Microsoft has been particularly candid about its struggles, warning […]

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