An AMD employee installs a the first Helios rack-scale AI system in a data center lab in Rockdale, Texas, on June 24, 2026. The deal comes a little over seven months after Nvidia spent $20 billion buying assets from Groq, a designer of high-performance AI chips. Taalas CEO Ljubisa Bajic says on the startup's website that the company "developed a platform for transforming any AI model into custom silicon." "I'm a big believer that there's no one-size-fits-all as it comes to chips," AMD CEO Lisa Su said at a product launch in July. She added that AMD still expects GPUs to make up the majority of the AI chip market because they're flexible enough to support newly developed AI models.