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AMD will buy $150M in Nutanix stock and provide up to $100M to fund joint initiatives to develop an infrastructure platform for powering AI applications (Brody Ford/Bloomberg) from Techmeme RSS feed.
AMD will buy $150M in Nutanix stock and provide up to $100M to fund joint initiatives to develop an infrastructure platform for powering AI applications (Brody Ford/Bloomberg)
Brody Ford / Bloomberg:
AMD will buy $150M in Nutanix stock and provide up to $100M to fund joint initiatives to develop an infrastructure platform for powering AI applications — Advanced Micro Devices Inc. will buy $150 million in Nutanix Inc. stock as part of a new partnership that also includes joint engineering and sales efforts.