In its ongoing strategy to enhance its technological portfolio, AMD has strategically acqui-hired the team from Untether AI, a company specializing in AI inference chips. This move, initially reported by CRN, underscores AMD's commitment to advancing its capabilities in AI technology. Untether AI's chips are reputed for their superior speed and energy efficiency compared to those of their competitors. The financial specifics of this transaction have not been made public.

Founded in 2018 and headquartered in Toronto, Untether AI has successfully attracted over $150 million in venture funding from notable investors, including Intel Capital, Radical Ventures, and Tracker Capital Management. In October, Untether AI launched a new AI chip designed to enable AI functionalities in various physical devices, such as automobiles and agricultural machinery.

Furthermore, AMD has recently acquired Brium, an AI software optimization platform, as part of its broader strategy to bolster its AI offerings.

For additional insights and information, TechCrunch has reached out to AMD.