MARKET MOVEMENT
AMD completes acquisition of ZT Systems to enable new class of AI solutions
AMD announced completion of its acquisition of ZT Systems, a provider of AI and general-purpose compute infrastructure for the world’ s largest hyperscale providers. The acquisition will enable a new class of end-to-end AI solutions based on the combination of AMD CPU, GPU and networking silicon, opensource AMD ROCm software and rack-scale systems capabilities. It will also accelerate the design and deployment of AMDpowered AI infrastructure at scale optimised for the cloud.
AMD expects the transaction to be accretive on a non-GAAP basis by the end of 2025. The world-class design teams will join the AMD Data Centre Solutions business unit led by AMD Executive Vice President
Forrest Norrod. AMD is actively engaged with multiple potential strategic partners to acquire ZT Systems’ industry-US-based data centre infrastructure manufacturing business in 2025.
“ With the rapid pace of innovation in AI, reducing the end-to-end design and deployment time of cluster-level data centre AI systems will be a significant competitive advantage for our customers,” said Forrest Norrod, Executive Vice President and General Manager, Data Centre Solutions Business Unit at AMD.
“ Acquiring ZT Systems is a significant milestone in our AI strategy to deliver leadership training and inferencing solutions that are optimised for our customers’ unique environment, ready-to-deploy at scale, and based on our open ecosystem approach that combines open-source software, industry standard networking technologies and now ZT Systems’ leadership systems design and customer enablement expertise.”
Former ZT Systems Founder and CEO Frank Zhang joins AMD as Senior Vice President of ZT Manufacturing, reporting to Forrest Norrod, where he will help lead the divestiture of the manufacturing business. Former ZT Systems President Doug Huang joins AMD as Senior Vice President of Data Centre Platform Engineering, also reporting to Forrest Norrod.
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Cloudflare acquires Outerbase to enhance developer database experience
Cloudflare, the connectivity cloud company, announced acquisition of Outerbase, a developer database company, to enhance the developer database experience across Cloudflare Workers. With this acquisition, building database-backed applications will be more approachable, enabling more teams to build and deploy full-stack, AI-enabled applications on Cloudflare’ s global network.
Matthew Prince
Databases are key to building any modern application. And, with the rapid growth of AI and AI agents, more software will be built over the next five years than in the past 20. Almost all of those applications will need a database to maintain context, store conversations, and act on data. Ensuring that those databases can be built and managed quickly, easily, and at scale by developers of all backgrounds will help more developers to build those applications on Cloudflare.
Outerbase itself is built on Cloudflare Workers, making it easy for the technology to rapidly be incorporated directly into Durable Objects, D1 and Cloudflare’ s Agents SDK to provide easy to use interfaces and frameworks to interact with data and build databasedependent applications. With this acquisition, Cloudflare aims to democratise data access and make it easier for teams to manage databases without extensive SQL knowledge.
“ Businesses are racing to build AI-powered applications to be as productive, innovative, and competitive as possible. Our goal is to make it easy and accessible for any developer, regardless of expertise, to build database-backed applications that can scale,” said Matthew Prince, co-founder and CEO of Cloudflare.
“ Outerbase’ s technology and design expertise are an important factor in accelerating this improved developer experience.” •
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