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AMD announced that it has officially completed the acquisition of Silo AI, one of Europe's largest private artificial intelligence laboratories. The transaction is valued at approximately $665 million, equivalent to around 4.77 billion yuan based on the latest exchange rate, and AMD will pay the entire amount in cash.

Finnish startup Silo AI has released Poro, aiming to enhance multilingual AI capabilities in Europe. Poro is an open-source model that covers 24 official languages of the EU, with a parameter count of 3.42 billion. Poro uses cross-language training methods to address the performance challenges in training low-resource languages.