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American chip giant AMD to acquire Untether AI team

On June 6, 2025, Toronto-based artificial intelligence (AI) chipmaker Untether AI has ceased supplying and supporting its products and entered into “a strategic agreement” with Advanced Micro Devices (AMD).

Untether AI announced the AMD deal and its shutdown in a brief blog post that indicated its team would be joining the American semiconductor giant and Nvidia rival. The exact details and financial terms were not disclosed.

Osler, Hoskin & Harcourt LLP advised Untether AI with a team consisting of Gary Marshall and Mihnea Porime (Emerging and High Growth Companies).

Company

Advanced Micro Devices (AMD)

Law Firm / Organization
Samfiru Tumarkin LLP

Company

Untether AI

Law Firm / Organization
Osler, Hoskin & Harcourt LLP
Merger & Acquisition
Tech/Computer/IT
Undisclosed/Confidential
Active