AMD acqui-hires the employees behind Untether AI

Group 1 - AMD is continuing its acquisition spree by acquiring the team behind Untether AI, a startup focused on AI inference chips [1] - Untether AI claims its chips are faster and more energy-efficient than competitors [1] - The financial terms of the acquisition deal were not disclosed [1] Group 2 - Untether AI, founded in 2018, has raised over $150 million in venture capital from notable firms such as Intel Capital, Radical Ventures, and Tracker Capital Management [2] - In October, Untether released an AI chip designed for physical AI applications in machines, including cars and agricultural devices [2] - Earlier in the week, AMD also announced the acquisition of AI software optimization platform Brium [2]