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The price comes from AMD's latest quarterly filing and adds to a wave of deals for hardware startups.
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AMD’s latest 10Q reveals how much it paid for Taalas, the company that bakes LLM weights into hardware: $2.9B. What an incredible time for hardware startups: Cerebras (IPO), Groq (exit), Etched, Fractile, Tendrils, d-Matrix, Volantis, MatX, Positron, Majestic, Tenstorrent!Read original on X
AMD paid $2.9 billion for Taalas, which bakes AI models into chips
AMD paid $2.9 billion for Taalas, which builds AI models into chips
AMD paid $2.9 billion for Taalas, which builds AI models into chips
AMD paid $2.9 billion for Taalas, which builds AI models into chips
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Shares rose more than 15% after hours, showing investor reaction to the quarterly results and the cloud partnership.
A job that used to take Anthropic's engineers six to 12 months was finished in days without help from AMD.
The drop followed reports linking the CEO's relationship to a suspected Chinese spy, which added pressure on Congress to act on chip curbs.
The feature matches users with a model suited to their hardware, lowering the barrier to running AI on their own machines.