Silo.ai acquired by AMD; will Silo.com be acquired later?

Industry Information 12 Jul 2024 02:43:23 PM By:DN domain name editor
Abstract:

Recently, according to foreign media broke the news: computer chip manufacturing giant AMD acquired Finnish artificial intelligence startup Silo for $665 million.SiloAI CEO and co-founder Peter Sarlin will continue to lead the SiloAI

Recently, according to foreign media broke the news: computer chip manufacturing giant AMD acquired Finnish artificial intelligence startup Silo for $665 million.

SiloAI CEO and co-founder Peter Sarlin will continue to lead the SiloAI team as part of AMD's Artificial Intelligence Group. The acquisition is expected to close in the second half of 2024.

The deal is an aggressive attempt by AMD to accelerate its AI footprint; Silo will enable AMD to compete with industry giant NVDIA.

The Finnish company helps organizations develop and deploy AI models and operates under the Silo.ai domain. The company also owns the domain SiloAI.com which jumps to its main website.

Silo.ai acquired by AMD; will Silo.com be acquired later?

Silo.ai

Oddly enough, Silo does not own Silo.fi, which is operated by a Finnish villa and cafe business. but this could be good news for the owner of the domain Silo.com; Silo.com was registered in 1995 and currently jumps to BestWeb.com, which has a large number of premium, older domains.

I don't know if Silo will acquire Silo.com someday, but I'm glad to see that AI is raising awareness of the importance of branding premium domain names and driving the domain market to new heights.

domaingang

Latest NewsRead more>

What is the domain name .dance? Jitterbug successfully acquired Byte.dance!

What is the domain name .dance? Jitterbug successfully acquired Byte.dance!

Just recently, it was revealed that Byte Jump, a well-known Chinese Internet company, has successfully acquired the domain name byte.dance. the exact amount was not disclosed. The domain name was registered on July 17, 2014 at the earliest.

Industry Information 05 Sep 2024 02:39:14 PM

Aveus.com domain name controversy: GoDaddy domain name auction results revoked by UDPR

Aveus.com domain name controversy: GoDaddy domain name auction results revoked by UDPR

Recently, the World Intellectual Property Organization's (WIPO) Arbitration and Mediation Center (the “Center”) ruled that the results of the GoDaddy domain name auction for the Aveus.com domain name, which was sold in a GoDaddy domain name

Industry Information 05 Sep 2024 11:06:10 AM

Hong Kong NovaX Venture Capital Carnival Held, DN.com Domain Name Helps Enterprises Take Off!

Hong Kong NovaX Venture Capital Carnival Held, DN.com Domain Name Helps Enterprises Take Off!

The Carnival attracts more than 200 tech companies and nearly 400 high net worth individuals, creating an interoperable platform for four-way exchanges among tech companies, funders, business service organizations and government departments

Industry Information 04 Sep 2024 01:59:43 PM

Radix Reports Record Half-Year Revenue for Premium Domains, Sales Top $5 Million

Radix Reports Record Half-Year Revenue for Premium Domains, Sales Top $5 Million

Radix has released its latest semi-annual report on premium domain sales performance across the 10 top-level domains managed by the registry operator. Its H1 2024 premium domain report details how Radix realized $5.16 million in total

Industry Information 04 Sep 2024 09:33:08 AM

.com Increases Prices Early on August 30th! The increase is up to 7%

.com Increases Prices Early on August 30th! The increase is up to 7%

A few months ago it was originally scheduled that .com domains would go up on September 1, 2024, but a certain platform actually raised their prices on August 30th, which caused a lot of dissatisfaction among domain investors. It was

Industry Information 03 Sep 2024 01:41:59 PM

Domain name registrar Namecheap, Inc. sues “Namecheap.domains” and wins

Domain name registrar Namecheap, Inc. sues “Namecheap.domains” and wins

Internationally recognized domain name registrar Namecheap, Inc. has prevailed in the recent Uniform Domain Name Dispute Resolution Policy (UDRP) proceedings. The Arbitration and Mediation Center ruled that the disputed domain name

Industry Information 30 Aug 2024 11:04:56 AM

Silo.ai acquired by AMD; will Silo.com be acquired later?