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AMD to acquire AI software company Nod.ai to take on Nvidia

San Francisco, Oct 11 (IANS): Chip major AMD has announced to acquire open-source AI software expert Nod.ai for an undisclosed sum, to expand the company’s open AI software capabilities amid Nvidia’s dominance in the market. Nod.ai will let firms companies AI models tuned to AMD’s chips. The addition of Nod.ai will bring an …

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Vedanta Group to acquire semicon biz from sister concern Twin Star, ETCFO

Anil Agarwal-led Vedanta Group will acquire 100 per cent stake in semiconductor and display units from sister concern Twin Star Technologies, the conglomerate said on Friday. Twin Star Technologies is a wholly-owned subsidiary of Volcan Investments Limited which is the ultimate holding company of Vedanta Limited. The new structure will make Vedanta India’s first company …

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Qualcomm to acquire auto-safety chipmaker AutoTalks

Qualcomm is acquiring Autotalks, an Israeli fabless chipmaker. Autotalks specialises in developing semiconductor and system-on-a-chip technology to enhance automotive safety. Sources have revealed that Qualcomm is purchasing Autotalks for between $350 million and $400 million.Founded in 2008, Autotalks is in the vehicle-to-everything (V2X) communication technologies. Their systems enable vehicles to communicate with anything that can …

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