Noesion Radarnoesion.ai
Market2026-08-06

AMD announced on August 6, 2026 a definitive agreement to acquire Toronto-based AI inference chip startup Taalas, with financial terms undisclosed and closing subject to regulatory approval. Taalas, founded in 2023 by former AMD employees and Tenstorrent leaders including CEO Ljubisa Bajic, COO Lejla Bajic and CTO Drago Ignjatovic, hardwires AI models directly into custom silicon intended to replace general-purpose GPUs, and claims it can bring new chips to market in about two months. The company emerged from stealth in 2024 with $50 million from Quiet Capital and Pierre Lamond, and raised a further $169 million earlier in 2026 from investors including Fidelity. AMD, whose AI group SVP Vamsi Boppana cited differentiated inference performance, plans to fold the technology into current and future products. It is AMD's second Canadian AI chip acquisition in just over a year, after Untether AI's team in 2025.

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