“Taalas’ technology and world-class engineering team strengthen our AI portfolio by delivering differentiated inference performance and efficiency,” Vamsi Boppana, AMD senior vice-president of AMD’s AI group, said in a news release. In 2025, AMD struck a deal to acquire the team behind Toronto startup Untether AI, which had been developing AI inference chips that it marketed as faster and more energy-efficient than its rivals. Between Taalas, Untether, Tenstorrent, and CentML, which was acquired by current AI semiconductor market leader, Santa Clara-based Nvidia in 2025, four of Toronto’s most promising chip startups have either recently been acquired by or inked deals to sell to major US players, or in Tenstorrent’s case, redomiciled there.