Forbes July 18, 2024
A former papermill in a small town in Finland just under 200 miles south of the Arctic Circle houses Europe’s most powerful supercomputer. Most data centers these days are packing thousands of Nvidia’s chips, the favored chip for building AI applications, but inside Lumi, the $160 million computer named for the Finnish word for snow, are 12,000 MI250X graphic processing units from rival chipmaker AMD.
It was those chips that sparked a collaboration between AMD and Helsinki, Finland-based Silo AI, a research startup with 300 PhDs and researchers that builds AI-power software for large corporations, ultimately culminating in a $665 million acquisition last week — the largest takeover of an AI startup in Europe since Google bought Deepmind for $400...
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