AMD and Baidu Join Forces to Advance GPU Computing in the Datacenter with Radeon Instinct MI Series
August 28 2017 - 9:00AM
AMD (NASDAQ:AMD) and Baidu announced a collaboration focused on
optimizing software for AMD Radeon Instinct™ GPUs in Baidu
datacenters.
"AMD is the only company with the capability to
deliver both the high-performance GPUs and CPUs required to power
the next generation of cloud datacenters," said Forrest Norrod,
senior vice president and general manager, Enterprise, Embedded and
Semi-Custom, AMD. “Together, AMD and Baidu will leverage the two
companies’ world-class technology and software engineering
capabilities to create a comprehensive and open ecosystem to
address the growing demand for datacenter workloads and provide
more intelligent human-computer interaction.”
"As the world's leading AI technology company and datacenter
technology leader, Baidu has always embraced innovation and
creative solutions. In July, Baidu announced a complete open
AI strategy, launching the conversational-based DuerOS and
Apollo autonomous driving open platforms at the inaugural Baidu
Create AI Developer Conference. With open minds and win-win
thinking, Baidu and industry partners work together to create a
prosperous worldwide AI ecosystem to 'let everyone get more’,” said
Liu Chao, senior director at Baidu’s System Technologies
Department. “We are delighted to work with AMD to introduce AMD
Radeon Instinct products into our datacenter and AI program, to
build a more flexible and powerful computing platform that empowers
AI products and accelerates the development of the global
industry."
Radeon Instinct Powers Next Era of Heterogeneous
Compute AMD recently launched its Radeon Instinct™ MI25,
MI8, and MI6 accelerators. Together with AMD’s open ROCm 1.6
software platform, including the optimized MIOpen framework
libraries, this new offering has the capability to dramatically
increase performance, efficiency and ease of implementation of deep
learning, inference and training workloads. These accelerators are
designed to address a wide range of machine intelligence
applications for systems used in academics, life science,
financial, automotive and other commercial industries. More details
can be found here.
About AMD For more than 45 years, AMD has
driven innovation in high-performance computing, graphics and
visualization technologies ― the building blocks for gaming,
immersive platforms and the datacenter. Hundreds of millions of
consumers, leading Fortune 500 businesses and cutting-edge
scientific research facilities around the world rely on AMD
technology daily to improve how they live, work and play. AMD
employees around the world are focused on building great products
that push the boundaries of what is possible. For more information
about how AMD is enabling today and inspiring tomorrow, visit the
AMD (NASDAQ:AMD) website, blog, and Facebook and Twitter pages.
CAUTIONARY STATEMENT:
This press release contains forward-looking
statements concerning Advanced Micro Devices, Inc. (AMD) including
the expected benefits from the collaboration between AMD and Baidu,
which are made pursuant to the Safe Harbor provisions of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are commonly identified by words such as "would,"
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"intends," "plans," "pro forma," "estimates," "anticipates," or the
negative of these words and phrases, other variations of these
words and phrases or comparable terminology. Investors are
cautioned that the forward-looking statements in this document are
based on current beliefs, assumptions and expectations, speak only
as of the date of this document and involve risks and uncertainties
that could cause actual results to differ materially from current
expectations. Such statements are subject to certain known and
unknown risks and uncertainties, many of which are difficult to
predict and generally beyond AMD's control, that could cause actual
results and other future events to differ materially from those
expressed in, or implied or projected by, the forward-looking
information and statements. Material factors that could cause
actual results to differ materially from current expectations
include, without limitation, the following: Intel Corporation’s
dominance of the microprocessor market and its aggressive business
practices may limit AMD’s ability to compete effectively; AMD has a
wafer supply agreement with GF with obligations to purchase all of
its microprocessor and APU product requirements, and a certain
portion of its GPU product requirements, from GLOBALFOUNDRIES Inc.
(GF) with limited exceptions. If GF is not able to satisfy AMD’s
manufacturing requirements, its business could be adversely
impacted; AMD relies on third parties to manufacture its products,
and if they are unable to do so on a timely basis in sufficient
quantities and using competitive technologies, AMD’s business could
be materially adversely affected; failure to achieve expected
manufacturing yields for AMD’s products could negatively impact its
financial results; the success of AMD’s business is dependent upon
its ability to introduce products on a timely basis with features
and performance levels that provide value to its customers while
supporting and coinciding with significant industry transitions; if
AMD cannot generate sufficient revenue and operating cash flow or
obtain external financing, it may face a cash shortfall and be
unable to make all of its planned investments in research and
development or other strategic investments; the loss of a
significant customer may have a material adverse effect on AMD;
AMD’s receipt of revenue from its semi-custom SoC products is
dependent upon its technology being designed into third-party
products and the success of those products; global economic
uncertainty may adversely impact AMD’s business and operating
results; the markets in which AMD’s products are sold are highly
competitive; AMD may not be able to generate sufficient cash to
service its debt obligations or meet its working capital
requirements; AMD has a large amount of indebtedness which could
adversely affect its financial position and prevent it from
implementing its strategy or fulfilling its contractual
obligations; the agreements governing AMD’s notes and the Secured
Revolving Line of Credit impose restrictions on AMD that may
adversely affect its ability to operate its business; AMD's
issuance to West Coast Hitech L.P. (WCH) of warrants to purchase 75
million shares of its common stock, if and when exercised, will
dilute the ownership interests of its existing stockholders, and
the conversion of the 2.125% Convertible Senior Notes due 2026 may
dilute the ownership interest of its existing stockholders, or may
otherwise depress the price of its common stock; uncertainties
involving the ordering and shipment of AMD’s products could
materially adversely affect it; the demand for AMD’s products
depends in part on the market conditions in the industries into
which they are sold. Fluctuations in demand for AMD’s products or a
market decline in any of these industries could have a material
adverse effect on its results of operations; AMD’s ability to
design and introduce new products in a timely manner is dependent
upon third-party intellectual property; AMD depends on third-party
companies for the design, manufacture and supply of motherboards,
software and other computer platform components to support its
business; if AMD loses Microsoft Corporation’s support for its
products or other software vendors do not design and develop
software to run on AMD’s products, its ability to sell its products
could be materially adversely affected; and AMD’s reliance on
third-party distributors and AIB partners subjects it to certain
risks. Investors are urged to review in detail the risks and
uncertainties in AMD's Securities and Exchange Commission filings,
including but not limited to AMD's Quarterly Report on Form 10-Q
for the quarter ended June 30, 2017.
AMD, the AMD logo, Radeon Instinct, and combinations
thereof are trademarks of Advanced Micro Devices, Inc. Other
product names used are for identification purposes only and may be
trademarks of their respective companies.
PR Contact:
Gary Silcott
+1 (512) 602-0889
Gary.Silcott@amd.com
Investor Contact:
Laura Graves
laura.graves@amd.com
+1 (408) 749-5467
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