Advanced Micro Devices (NASDAQ:AMD) expanded its global partnership with enterprise artificial intelligence firm Cohere, making Cohere’s full suite of AI products available on AMD’s Instinct GPU-powered infrastructure. This move aims to give enterprises and sovereign AI initiatives greater flexibility to scale deployments while meeting performance, security, and cost-efficiency targets.
AMD will adopt Cohere’s North platform for its internal engineering and enterprise workloads, integrating Cohere’s AI technology into its operations. The combination of AMD’s high-performance infrastructure with Cohere’s secure AI models offers an attractive option for governments and enterprises pursuing sovereign AI strategies.
AMD stock has gained over 33% year-to-date, outperforming the Nasdaq 100 index. The collaboration between AMD and Cohere builds on their previous work to optimize large language models for AMD Instinct GPUs, focusing on delivering trusted AI systems with an emphasis on privacy and hardware efficiency.
At the time of publication, Advanced Micro Devices shares were up 1.34% at $163.04. The stock is trading within its 52-week range of $76.48 to $186.65. This partnership expansion highlights the companies’ commitment to advancing enterprise AI on Instinct chips, aiming to meet the growing demand for efficient and secure AI solutions.
Read more at Yahoo Finance: AMD Expands Cohere Partnership To Power Enterprise AI On Instinct Chips
