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4.4 • 3K Ratings

🗓️ 19 August 2024

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

AMD’s latest acquisition is about building out an ecosystem and doing what it can to offer customers more in the AI race. (00:21) Asit Sharma and Dylan Lewis discuss: - Why AMD is spending $4.9B on ZT Systems, and what the company’s rack-scale ambitions look like. - General Motors’ plans to lay off over 1,000 employees, and why it might be AI-driven. - The questions that company leadership and boards should be asking as they think about AI, and two companies that have established good AI practices so far. Articles mentioned on the show: WSJ piece: Why AI Risks Are Keeping Board Members Up at Night Salesforce’s Generative AI Guidelines Companies discussed: AMD, NVDA, GM, CRM, NOW Host: Dylan Lewis Guests: Asit Sharma Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Am D ups the ante in the AI race.
0:07.0	Motley Full analyst Osset Sharma. I'm doing doing over the airwaves by Motley Fool analyst
0:24.0	Aicit Sharma.
0:25.0	Aicit, thanks for joining me.
0:26.8	Dylan, thanks for having me back.
0:28.2	This marks three Mondays in a row.
0:30.2	This has been my shot in the arm every Monday to make it through the rest of the day.
0:34.0	I appreciate you coming with me on the Monday show.
0:36.6	You know, we're catching up on everything that happens over the weekend.
0:39.1	Sometimes, you know, we wind up with the News Ferry delivering something interesting for us to talk about.
0:43.6	Definitely the case today.
0:46.1	News out that AMD is acquiring ZT systems and this is just the continued evolution of chipmakers upping the ante in the AI race.
0:58.0	Reportedly, the deal was for about 4.9 billion dollars. I'm going to read you,
1:03.5	Osset, the poll quote from AMD's press release.
1:06.8	This is a strategic acquisition to provide AMD with industry leading systems
1:12.2	expertise to accelerate the deployment of optimized
1:15.3	rack scale solutions addressing a 400 billion dollar data center AI accelerator
1:20.2	opportunity in 2027. Help me unpack that. What are we talking about here with this
1:24.4	deal? Okay so let's rewind the clock to several quarters ago when Jensen
1:30.1	Wong, CEO of NVIDIA, said that his company forced and which was a very new term at the time every five years.
1:44.0	What he was really saying is that the technology is going to change very fast and
1:47.3	NVIDIA just didn't want to provide chips anymore.
	...

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