Advanced Micro Devices Inc. (AMD) has introduced its new Instinct MI350 Series accelerators, designed to boost the company’s artificial intelligence capabilities and compete with Nvidia Corp. The launch comes as AMD struggles to gain ground in the rapidly growing market for AI hardware.
The Instinct MI350X and MI355X graphics processing units (GPUs) were showcased at AMD’s annual Advancing AI event. These new chips are part of a significant update to AMD’s AI offerings, aiming to improve performance and efficiency for applications such as machine learning and deep learning.
With the introduction of these new accelerators, AMD is positioning itself for a more prominent role in the AI market, one that has traditionally been dominated by Nvidia. The company is investing heavily in its research and development efforts, with the aim of catching up with its competitor and becoming a leader in the field.
The Instinct MI350 Series will be available soon, marking an important milestone in AMD’s bid to increase its presence in the AI market.
Source: https://www.marketwatch.com/story/amds-efforts-to-chase-nvidia-have-fallen-flat-can-its-new-chips-help-b60d251d