AMD to buy Finnish start-up Silo AI for $665mn in drive to compete with Nvidia
AMD to buy Finnish start-up Silo AI for $665mn in drive to compete with Nvidia
Original link (paywalled): https://www.ft.com/content/7b8d2057-2687-45b3-bae4-1488a75ac5b2
Silo AI is committed to “open source” AI models, which are available for free and can be customised by anyone. This distinguishes it from the likes of OpenAI and Google, which favour their own proprietary or “closed” models.
It's funny that a company called Silo AI makes open LLM models while one called OpenAI makes closed ones...
And neither of them make Artificial Intelligence!
Prior to GPT 3, OpenAI models were open source.
They’re a little late to the game. Let’s hope for their sake this AI bubble doesn’t burst for a bit so they can make their money back.
Don't forget that Nvidia's market valuation rose from around 80 BN to 3300 BN because of the AI hype. So 665Mln is peanuts compared to that.
It's not like it'll disappear entirely, just that clueless idiots will stop shoving it everywhere it doesn't belong.
Yeah but the idiots in this case are venture capitalists funding the whole damn thing
It won't burst, just deflate, and then gradually grow like the ready of the tech industry.
AI is getting more robust, not less. The current hype is crazy, that'll burst, but the good use cases don't vanish. The actual problem spaces where it excels (like astroturfing and manipulation public opinion, or intelligent search, Q & A, information management, knowledge work supplementation...etc) will still be there.