AMD to acquire

AMD has signed a definitive agreement to acquire, a Santa Clara, Calif.-based  company that provides open source compiler-based automation software for optimizing AI models. Financial terms of the deal were not disclosed.’s technology is already deployed in various platforms such as the cloud, edge computing, and endpoint devices, says AMD. The software interacts with AMD architectures like CDNA, XDNA, RDNA, and  Zen.

The acquisition of is expected to bolster AMD’s capabilities in providing open software to AI customers. The addition of will also accelerate AMD’s efforts in advancing open-source compiler technology, according to the company.

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