AMD, Absci and AI

AMD Invests in Drug-Discovery Company Absci in Push to Sell AI Chips
The $20 million deal gives the chip supplier a toehold in the life-sciences market, a strategy it plans to replicate in other industries.
AMD invests $20M in AI-powered drug discovery company Absci
Absci will use AMD’s $20 million investment to enhance its AI models. In parallel, the companies will collaborate to develop new hardware and software optimized for the healthcare sector. The effort will place particular emphasis on developing technologies that can advance drug discovery.
Absci and AMD Announce Collaboration and Strategic Investment to Accelerate the Future of AI Drug Discovery
Absci Corporation (NASDAQ: ABSI), a data-first generative AI drug creation company, today announced a strategic collaboration with AMD to deploy AMD Instinct™ accelerators and ROCm™ software to power critical AI drug discovery workloads,
Absci Stock Jumps As AMD Invests $20M To Boost AI Drug Discovery
AI drug creation company Absci Corporation (NASDAQ:ABSI) shares are trading higher in premarket on Wednesday after the company entered into a strategic collaboration with Advanced Micro Devices Inc (NASDAQ:AMD) to enhance its AI drug discovery capabilities.
AMD invests $20 million in AI drug research at Vancouver-based Absci
Chip designer AMD said Wednesday that it will invest $20 million in Absci, the Vancouver company that aims to use artificial intelligence to develop new drug therapies. Absci hopes artificial intelligence will enable it to move faster to develop protein-based medicines called biologics,

AMD, CES

AMD Stock Slumps After Downgrade. Why It’s Trailing in the AI Chips Race.
Strategists at HSBC led by Frank Lee lowered their price target on the shares to $110 from $200 and cut the rating to Reduce ...
Biden to Further Limit Nvidia, AMD AI Chip Exports in Final Push
President Joe Biden’s administration plans one additional round of restrictions on the export of artificial intelligence ...
Interesting Engineering on MSN2d
AMD’s new AI PC chips deliver unmatched gaming and content creation power
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AMD builds out its foundation with Ryzen AI 300, Ryzen 200 chips
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CES 2025: AMD Introduces Radeon RX 9070 Series GPUs
The next-generation GPUs will be available in the first quarter of 2025. Plus, AMD shows upcoming AI chips for mobile ...
AMD’s Ryzen 9 9950X3D — best processor for gamers and creators — is among many new chips coming
Lisa Su, CEO of AMD, said at CES 2025 that the AMD Ryzen 9 9950X3D is the best processor for gamers and creators.
AMD is going head-to-head with Nvidia in AI-backed drug discovery with new deal
Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.