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AI, AMD and Absci
AMD is going head-to-head with Nvidia in AI-backed drug discovery with new deal
Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.
AMD invests $20M in AI-powered drug discovery company Absci
Absci will use AMD’s $20 million investment to enhance its AI models. In parallel, the companies will collaborate to develop new hardware and software optimized for the healthcare sector. The effort will place particular emphasis on developing technologies that can advance drug discovery.
Absci Stock Jumps As AMD Invests $20M To Boost AI Drug Discovery
AI drug creation company Absci Corporation (NASDAQ:ABSI) shares are trading higher in premarket on Wednesday after the company entered into a strategic collaboration with Advanced Micro Devices Inc (NASDAQ:AMD) to enhance its AI drug discovery capabilities.
14h
on MSN
Advanced Micro Devices, Inc. (AMD) Partners with Dell to Power New Pro Devices with Ryzen AI PRO Processors for Enhanced Business Productivity
We recently compiled a list of the 14 AI Stocks Making Waves on Wall Street. In this article, we are going to take a look at ...
12h
on MSN
Why Advanced Micro Devices Stock Was Double-Downgraded
HSBC lowered its rating on Advanced Micro Devices stock amid several concerns including the chipmaker's ability to compete ...
12h
on MSN
AMD Stock Slumps After Double Downgrade by HSBC on AI Revenue Concerns
Advanced Micro Devices shares fell Wednesday after HSBC analysts gave the stock a double downgrade, citing concerns about its artificial intelligence revenue.
15h
Only Room For The Best Or Cheapest, And AMD Is Neither: Downgrading To Sell
Advanced Micro Devices lags Nvidia in AI design wins, prompting a downgrade to sell. See why AMD stock faces little room to ...
7d
on MSN
Got $3,000? 2 Artificial Intelligence (AI) Stocks to Buy and Hold for the Long Term
Artificial intelligence (AI) has come a long way in recent years. Businesses are starting to see tangible savings from ...
2d
AMD debuts AI-optimized laptop processor that can run large language models
In an internal test, AMD used the Ryzen AI Max+ 395 to run a version of the Llama 70B large language model. The company says ...
13d
on MSN
Analyst: Advanced Micro Devices (AMD)’s Pipeline Lacks Nvidia’s By More Than a Year
We recently published a list of 10 AI Stocks Wall Street is Talking About. In this article, we are going to take a look at ...
4d
on MSN
Is Advanced Micro Devices (AMD) Stock a Buy Now?
It's clear that AMD isn't the AI company Nvidia is. Its $3.5 billion in data center revenue in Q3 was a fraction of Nvidia's ...
13h
Samsung Goes Big On ‘Vision AI,’ 8K And Lifestyle TVs At CES
All part of the brand’s desire to “transform screens into adaptive, intelligent companions that simplify and enrich every day ...
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