AMD is going after Nvidia with a $5 billion acquisition

https://qz.com/amd-buys-zt-systems-acquisition-ai-chips-nvidia-1851625320

Semiconductor maker Advanced Micro Devices (AMD) will acquire cloud computing solutions firm ZT Systems for $4.9 billion, in a move that will help it compete against artificial intelligence chip rivals like Nvidia.

originally posted at https://stacker.news/items/654751