AMD 4.9B Deal

Author

Alamin Hossain
August 19, 2024

Welcome to our Monday edition!

In today’s menu:

  • AI Inspiration Quote

  • AMD Buys ZT Systems for $4.9B

  • Design Made Simple with Uiino

  • Can AI Replace Real Relationship?

  • Top Rated AI Tools

  • Byte Sized news

  • How to Turn Photos to Talking Images

  • Cheat Sheet

Reading time: 8 minutes

AI INSPIRATIONAL QUOTE

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If it makes you nervous, you’re doing it right.

LATEST NEWS

AMD Buys ZT Systems for $4.9B

AMD is acquiring ZT Systems, an AI infrastructure group, for $4.9 billion in cash and stock, to enhance its position in the AI data center chip market and compete with Nvidia.

  • The acquisition will bring 1,000 engineers to AMD and help accelerate the development of its AI data center chips.

  • ZT Systems, which builds custom computing infrastructure for major tech companies like Microsoft and Amazon, will be integrated into AMD’s data center business.

  • AMD’s move follows its $665 million acquisition of Finnish AI start-up Silo AI in July 2023.

This acquisition strengthens AMD's capabilities in AI technology, positioning the company to better compete with Nvidia in the rapidly growing AI infrastructure market.

BUILD AI APPS

The fastest way to build AI apps

Writer is the full-stack generative AI platform for enterprises. Quickly and easily build and deploy AI apps with Writer AI Studio, a suite of developer tools fully integrated with our LLMs, graph-based RAG, AI guardrails, and more.

Use Writer Framework to build Python AI apps with drag-and-drop UI creation, our API and SDKs to integrate AI into your existing codebase, or intuitive no-code tools for business users.

Design Made Simple with Uiino

Uiino is a story mapping tool that streamlines the creation and management of user story maps.

This innovative tool replaces the mess of physical sticky notes and the complexity of traditional digital tools with a simple, text-based system.

With clear tags for easy understanding, built-in version control for tracking changes, and a strong focus on collaboration, Uiino is a go-to for designers and product teams.

Its straightforward approach helps visualize the user journey and develop a clear product roadmap.

Can AI Replace Real Relationship?

OpenAI's latest chatbot, GPT-4o, has the potential to create emotional dependence in users, raising concerns about the psychological impact of AI companions.

  • OpenAI's GPT-4o can speak with a natural voice, leading to users forming emotional attachments to the AI.

  • There is a growing concern that AI companions might reduce the need for human interaction, leading to addictive behaviors.

  • The emotional support offered by AI is not genuine, raising ethical concerns about its impact on human relationships and mental well-being.

The rise of AI models like GPT-4o challenges our understanding of human relationships and could lead to a societal shift in how we connect with others, potentially reducing empathy and the ability to form meaningful human connections.

Top Rated AI Tools

DeskHub: The habit teacher for devs using GitHub

FlowKitten: Real-time AI powered private speaking hints

SpeakHints: Real-time AI powered private speaking hints

CursorLens: Open Source dashboard and analytics for Cursor IDE

BlissBox: A joyful memory box

BYTE-SIZED NEWS | TOO HOT TO MISS

South Korean AI chip makers Rebellions and Sapeon Korea have agreed to merge. The merger is part of South Korea's push to compete with global AI chip leaders like Nvidia.

AMD has agreed to acquire ZT Systems, an AI infrastructure group, in a $4.9 billion cash and stock deal. This acquisition continues AMD’s push into the AI sector as it aims to compete with Nvidia, the current market leader.

How to Turn Photos to Talking Images

Hedra Labs can turn your static photos into lively talking images, animating your selfies with synchronized speech and facial movements.

  1. Go to the Hedra Labs website and sign up for a free account.

  2. Upload a clear, high-quality photo of yourself, facing the camera directly.

  3. Generate audio by typing up to 300 characters of text or by importing your own audio file.

  4. Click "Generate video" to bring your photo to life.

  5. Preview, download, or share your animated selfie.

Cheat Sheet

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