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AMD Launches Competitive MI350 GPUs Amid $400M Crusoe Investment

6/14/2025

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Summary

Story summary

AMD introduced the MI350 Series, featuring MI350X and MI355X GPUs, to rival Nvidia in AI processing.
Crusoe intends to invest $400 million in AMD chips to boost its AI data center capabilities.
AMD asserts the MI355X delivers 40% more tokens per dollar compared to Nvidia's GPUs, eyeing a $500 billion AI accelerator market by 2028.
The MI350 GPUs provide high memory capacity and performance, enabling support for advanced AI models and applications.

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Story summary

AMD introduced the MI350 Series, featuring MI350X and MI355X GPUs, to rival Nvidia in AI processing.
Crusoe intends to invest $400 million in AMD chips to boost its AI data center capabilities.
AMD asserts the MI355X delivers 40% more tokens per dollar compared to Nvidia's GPUs, eyeing a $500 billion AI accelerator market by 2028.
The MI350 GPUs provide high memory capacity and performance, enabling support for advanced AI models and applications.