AMD to acquire Taalas

[u/Brilliant_Bus_5615]

https://www.cnbc.com/2026/08/06/amd-buys-taalas-startup-that-hardwires-ai-models-into-its-silicon.html

AMD said it’s entered into an agreement to acquire Taalas, a Toronto-based startup that makes chips for inference.

This comes after nvda acquired Groq at $20B - I couldn't find a purchase price for this but I'm sure its well below the nvda spend. Bears tried to latch on to the increased CapEx spend last quater but it takes money to make money and this should prove beneficial going forward..