Untether AI to be acquired by AMD; terms not disclosed

Untether AI, a developer of AI inference chips marketed as faster and more energy-efficient than rival products for edge environments and enterprise data centers, announced that it has entered into a transaction with AMD (AMD). “As a result of the transaction, Untether AI will no longer be supplying or supporting our speedAI products and imAIgine Software Development Kit. While today marks the end of Untether AI’s journey, we are proud of the pioneering research that underpinned our work in advancing state-of-the-art AI chip technology. We are grateful for the dedication of our team and the support of our customers, partners, and investors. We look forward to the contributions our world-class team will make with AMD.”