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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.
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 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.
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 Instinctâ„¢ accelerators and ROCmâ„¢ software to power critical AI drug discovery workloads,
1d
on MSN
Where Will AMD Stock Be in 3 Years?
The PC market endured double-digit declines in 2022 and 2023. The good news for AMD is that the market stabilized in 2024, ...
1d
Why Advanced Micro Devices (AMD) Could Outperform Nvidia in 2025
Nvidia (NVDA) was the big winner in the AI space during 2024 as it solidified its lead in GPUs, which led to a 185% stock ...
17h
AMD chips now comprise 55 percent of Puget Systems orders — AMD makes big inroads in professional systems
Puget Systems, a custom computer building company specializing in configuring workstations for professional users, has ...
2d
on MSN
Why AMD Stock Fell 11.9% in December and Lost Rebound Gains in 2025
Advanced Micro Devices (NASDAQ: AMD) stock saw significant sell-offs in December's trading. The semiconductor company's share ...
12h
AMD: An Attractive Valuation Despite AI Skepticism
Read here for an update on AMD's product roadmap, AI hardware challenges, valuation, and market sentiment for potential ...
1d
I tried FSR 4 on a new AMD Radeon RX 9070 XT graphics card, and it looks great
We tested AMD's latest AI resolution upscaling tech on its new gaming GPU with Ratchet & Clank, and it looks massively better ...
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