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Data Center News > Blog > Global Market > 3 takeaways from AMD’s ZT Systems grab
Global Market

3 takeaways from AMD’s ZT Systems grab

Last updated: August 22, 2024 5:54 am
Published August 22, 2024
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Merger and acquisition
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AMD is continuous its acquisition streak with the introduced buy of server provider and cloud computing specialist ZT Methods for $4.9 billion. The acquisition is the newest in a collection of steps to strengthen its AI place.

Privately-held ZT Methods, based in 1994, works intently with chipmakers to design and deploy knowledge middle AI compute and storage infrastructure at scale for the biggest world cloud firms. Its merchandise embrace server options for storage, GPU/accelerators, high-performance computing, 5G and edge computing.

“Our acquisition of ZT Methods is the subsequent main step in our long-term AI technique to ship management coaching and inferencing options that may be quickly deployed at scale throughout cloud and enterprise clients,” stated AMD CEO Lisa Su in an announcement.

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See also  D-Wave uses quantum to solve real-world problem
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