AMD Acquiring Another Company To Bolster Its AI Play

AMD just announced that they have entered into a definitive agreement to acquire ZT Systems, a hyperscale solutions provider focused on AI.

ZT Systems is a provider of AI and general purpose compute infrastructure and is engaged with the big name hyperscalers. AMD is acquiring ZT Systems for expertise to complement the AMD hardware and software capabilities. ZT Systems sells purpose-built server solutions, high performance accelerator solutions, integrated rack offerings, various HPC solutions, and is an OCP Gold Member.

AMD is acquiring ZT Systems in a cash and stock deal valued at $4.9 billion USD. AMD expects the deal to close in H1'2025.

More details on AMD's plans to acquire ZT Systems via this morning's press release.

This follows other recent acquisitions by AMD with an AI mindset such as Silo AI and Nod.ai.