Wafer Attracts Acquisition Offers and $200 Million Valuation

The Information reports that multiple inference and cloud providers have submitted acquisition offers for Wafer. The company uses AI to optimize compute on AMD chips and other Nvidia alternatives. Wafer CEO Emilio Andere stated that AMD hardware can reach similar performance to Nvidia when software is tuned correctly. The outlet also noted Wafer reached a valuation above $200 million. These details appear in a newsletter item covering the year-old inference provider and its work on non-Nvidia hardware.