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What are they going to give AMD that they are priced this high?
Expert talent and prob some in house tech. Mainly talent I guess which they can put to accelerating Triton development, their alternative to CUDA.
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"fix"? What is there to fix? AMD has been simultaneously fighting Intel and Nvidia, two MUCH larger companies, and it's been winning the fight against Intel for close to a decade now. It's certainly not Lisa Su's fault that the clowns over at Intel got stuck on variations of 14nm (with clever marketing names like 14nm+++++) for nearly a decade, but credit certainly is hers for introducing Zen and putting AMD back on…
This site is full of people with the west coast VC-driven-tech bizarro world blinders on. If AMD just keeps at what they've been doing well (matching or beating Intel processors) instead of chasing after the latest buzzword grift bubble, they're doomed in the eyes of people with that mindset.
In my mind it's not about AI per se, but about using the hot use case for GPU to drive meaningful change in your software stack. There are tons and tons and tons of GPGPU users out there who aren't training LLMs but who need a high-quality compute stack.
The economic mood in Finland is downright depressed [1]. This kind of news is therefore extremely welcome because it indicates there's a way forward, out of the old industry doldrums where people are still moaning about closed paper mills and Nokia's failure 15 years ago. $665M USD isn't a staggering number by Silicon Valley standards, but it's very significant for a nation of five million people that hasn't seen glo…
In 2023, Finland has received the highest investment of private equity and VC adjusted for GDP in all of Europe: https://www.goodnewsfinland.com/en/articles/breaking-news/20...
The start of the startup investment pipeline in Finland has been flowing pretty well. The outputs at the end of the pipeline have been more questionable. Silo’s acquisition is a positive example of activity at that end.
I'm curious how this deal happened. There are a lot of LLM shops out there, how did this nordic co get the attention of AMD and why did they think this co stood out among the crowd.
Looks like a consulting company[1] at first glance. Also, empty HuggingFace account[2]. [1]: https://www.silo.ai/ [2]: https://huggingface.co/SiloAI
Who is downvoting this? You are correct. Silo.AI is a consulting company with an LLM side hustle. This acquisition is weird.
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The economy and startup world isn't a zero sum game. Ultimately the AI play* is open source for the foreseeable future, even more so for AMD if they want to sell their chips. And if Silo AI's people accelerate competition in the AI HW space by accelerating Triton development/ raising the industry's competitive edge against Nvidia, we all benefit from stronger competition. And in most other European startup hot spots,…
Actually, it is zero sum. there's finite resources, human talent, and centers for decision making. yeah, European startup gets American money today, and American decision making center grows larger. whether the money paid into Europeans now is used to prop up new generation of startups - in any meaningful way - will remain to be seen. most likely: these senior staff/founders will probably allocate their cash where it…
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They've been working on that for years.
Yeah? And? So? As if CUDA was developed overnight and never worked on again. Such a weak comment
AMDs "CTM" SDK was released in 2006, same year as CUDA. In 2007 they released Stream SDK. Then they had "APP SDK" for a while, which iirc coincided with their opencl phase. And now they landed on rocm.
Meanwhile nvidia has kept trucking with just CUDA.
My cursory understanding is that Silo is a developer of LLMs that run on top of compute platforms. Isn't the problem with no one using AMD's accelerators the fact that their programming environment is sub-par compared to CUDA, or even Apple's?
Discussion: https://news.ycombinator.com/item?id=39344815
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It makes sense then for AMD to buy them out. If they’ve trained LLMs with lumi which has a lot of instinct GPUs there is a high chance they’ve had to work through and solve a lot of the gaps in software support from AMD. They may have already figured out a lot of stuff and kept it all proprietary and AMD buying them out is a quick way to get access to all the solutions. I suspect AMD is trying to fast track their sof…
I am curious if the models are any good, though. The landscape is so fragmented I never heard of Poro.
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Seems like an excellent exit strategy in hindsight. Spend a gazillion dollars of investor money on AMD hardware, get bought back by AMD because you worked out how to use that hardware
Except the EU paid for the hardware https://eurohpc-ju.europa.eu/supercomputers/our-supercompute...