Latest news with #mimik
Yahoo
2 days ago
- Business
- Yahoo
Advanced Micro Devices (NasdaqGS:AMD) Earnings Rise To US$7 Billion In Recent Quarter
This quarter, Advanced Micro Devices experienced a significant 20% increase in share price. This uptick aligns with major announcements, like its collaboration with Oracle to integrate MI355X GPUs into Oracle Cloud Infrastructure, offering improved price-performance for AI workloads. Partnerships with Infobell and mimik further highlight AMD's focus on AI innovation and cloud applications. The company's earnings announcement in May, with sales rising to $7.438 billion and net income markedly improving, also strengthened investor confidence. These developments would have added weight to the company's share price move, despite the broader market remaining flat over the last week. Buy, Hold or Sell Advanced Micro Devices? View our complete analysis and fair value estimate and you decide. Find companies with promising cash flow potential yet trading below their fair value. The recent surge in Advanced Micro Devices' share price, bolstered by strategic partnerships in AI and cloud computing, signifies potential growth in these lucrative markets. This aligns with analysts' expectations of accelerating revenue and earnings growth driven by increased demand for high-performance computing. Notably, the collaboration with Oracle for GPU integration into Oracle Cloud Infrastructure promises enhanced AI workload capabilities, potentially boosting AMD's revenue and solidifying its market position. These developments reflect positively on AMD's narrative, given the focus on diversification and resilience. Over the past five years, AMD's total shareholder return reached 155.97%. However, in the past year alone, AMD lagged behind the US Semiconductor industry, which saw a 7.3% gain. This disparity highlights the challenges AMD faces within a competitive landscape, marked by rivals like NVIDIA and evolving supply chain risks. Despite this, AMD's substantial long-term growth outlines a strong trajectory enhanced by its AI and cloud initiatives. In terms of valuation, the current share price of US$98.62 is close to the consensus price target of US$130.47 but above the more bearish target of US$76.70. This suggests mixed analyst sentiment regarding AMD's future prospects. The company's recent partnerships and innovations may positively impact revenue and earnings forecasts. Still, these must counteract regulatory barriers and heightened competition. Investors should consider AMD's position and its ability to maintain momentum amid evolving industry dynamics. Review our growth performance report to gain insights into Advanced Micro Devices' future. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:AMD. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Business Upturn
11-06-2025
- Business
- Business Upturn
From Silicon to Sentience: mimik Unveils Ubiquitous AI Execution Fabric with AMD Platforms for the Agentic Economy
Oakland, Calif., United States: mimik today announced a strategic collaboration with AMD, having integrated its Agentix-Native Operating and Execution Environment (mim OE) across AMD platforms to deliver ubiquitous AI execution for agentix-native systems. This press release features multimedia. View the full release here: Where compute meets the execution Fabric. mimik | AMD With mimik's platform pre-integrated across AMD-based systems, enterprises and developers can achieve out-of-the-box agentic deployment today, with the certainty to deliver intelligence wherever it's needed in the business to drive rapid growth. The result is a context-aware, dynamically discoverable, adaptive, and resilient compute fabric, with built-in zero-trust security, network offline-first capability, and seamless multi-cloud integration when agentic AI requires it. Developers can start building and deploying agentic workflows immediately, accelerating solution delivery without needing to rebuild infrastructure. 'This collaboration marks a turning point,' said Fay Arjomandi, Founder and CEO of mimik. 'We're not retrofitting legacy AI. We're enabling, giving developers and enterprises a frictionless way to adopt and scale agentic AI where compute is fluid, intelligence is choreographed, and AI execution is embedded into every layer of infrastructure.' With this integration, AMD hardware becomes an execution-ready environment for real-time AI, optimized for business-critical workloads across diverse environments. AMD shares this vision of an adaptive, agent-ready future. 'Our collaboration with mimik enables a new generation of AI systems that are responsive, distributed, and production-ready,' said Ramine Roane, corporate vice president, Artificial Intelligence Group, AMD. 'By embedding mimik's execution environment across AMD platforms, from the smallest cameras and robots to the largest server, we're enabling real-time AI that's dynamic, sovereign, and built for scale. This is the future of AI compute: ubiquitous, intelligent, enterprise and developer ready.' mimik's software enablers, pre-integrated across AMD platforms and built on an open API model, allow developers and enterprises to deploy agentic workflows out-of-the-box, locally or in coordination with other nodes. The result is a dynamically choreographed mesh of AI agents operating across AMD's device-first continuum compute fabric that is context-aware, resilient, offline-first, and cloud-capable when needed. This is the execution foundation of the Agentic Economy, ready to scale real-world impact, today. Watch the demo video to see how mimik with AMD deliver Physical AI across the device-first continuum: About mimik: mimik powers the Agentic Economy with Agentix-Native software that turns everyday devices into intelligent collaborative systems. Its software platform enables real-time inference across smartphones, cameras, drones, robots, machines, and servers. By creating a Device-First AI continuum across endpoint devices and the cloud, mimik gives way to enterprises to operationalize agentic AI, scale intelligence, and optimize performance and cost. AMD, the AMD Arrow Logo, AMD Instinct, ROCm, and combinations thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners. View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Business Wire
11-06-2025
- Business
- Business Wire
From Silicon to Sentience: mimik Unveils Ubiquitous AI Execution Fabric with AMD Platforms for the Agentic Economy
BUSINESS WIRE)--mimik today announced a strategic collaboration with AMD, having integrated its Agentix-Native Operating and Execution Environment (mim OE) across AMD platforms to deliver ubiquitous AI execution for agentix-native systems. mimik your ROI for AI With mimik's platform pre-integrated across AMD-based systems, enterprises and developers can achieve out-of-the-box agentic deployment today, with the certainty to deliver intelligence wherever it's needed in the business to drive rapid growth. The result is a context-aware, dynamically discoverable, adaptive, and resilient compute fabric, with built-in zero-trust security, network offline-first capability, and seamless multi-cloud integration when agentic AI requires it. Developers can start building and deploying agentic workflows immediately, accelerating solution delivery without needing to rebuild infrastructure. 'This collaboration marks a turning point,' said Fay Arjomandi, Founder and CEO of mimik. 'We're not retrofitting legacy AI. We're enabling, giving developers and enterprises a frictionless way to adopt and scale agentic AI where compute is fluid, intelligence is choreographed, and AI execution is embedded into every layer of infrastructure.' With this integration, AMD hardware becomes an execution-ready environment for real-time AI, optimized for business-critical workloads across diverse environments. AMD shares this vision of an adaptive, agent-ready future. 'Our collaboration with mimik enables a new generation of AI systems that are responsive, distributed, and production-ready,' said Ramine Roane, corporate vice president, Artificial Intelligence Group, AMD. 'By embedding mimik's execution environment across AMD platforms, from the smallest cameras and robots to the largest server, we're enabling real-time AI that's dynamic, sovereign, and built for scale. This is the future of AI compute: ubiquitous, intelligent, enterprise and developer ready.' mimik's software enablers, pre-integrated across AMD platforms and built on an open API model, allow developers and enterprises to deploy agentic workflows out-of-the-box, locally or in coordination with other nodes. The result is a dynamically choreographed mesh of AI agents operating across AMD's device-first continuum compute fabric that is context-aware, resilient, offline-first, and cloud-capable when needed. This is the execution foundation of the Agentic Economy, ready to scale real-world impact, today. Watch the demo video to see how mimik with AMD deliver Physical AI across the device-first continuum: About mimik: mimik powers the Agentic Economy with Agentix-Native software that turns everyday devices into intelligent collaborative systems. Its software platform enables real-time inference across smartphones, cameras, drones, robots, machines, and servers. By creating a Device-First AI continuum across endpoint devices and the cloud, mimik gives way to enterprises to operationalize agentic AI, scale intelligence, and optimize performance and cost.
National Post
11-06-2025
- Business
- National Post
From Silicon to Sentience: mimik Unveils Ubiquitous AI Execution Fabric with AMD Platforms for the Agentic Economy
Article content OAKLAND, Calif. — mimik today announced a strategic collaboration with AMD, having integrated its Agentix-Native Operating and Execution Environment (mim OE) across AMD platforms to deliver ubiquitous AI execution for agentix-native systems. Article content Article content With mimik's platform pre-integrated across AMD-based systems, enterprises and developers can achieve out-of-the-box agentic deployment today, with the certainty to deliver intelligence wherever it's needed in the business to drive rapid growth. The result is a context-aware, dynamically discoverable, adaptive, and resilient compute fabric, with built-in zero-trust security, network offline-first capability, and seamless multi-cloud integration when agentic AI requires it. Developers can start building and deploying agentic workflows immediately, accelerating solution delivery without needing to rebuild infrastructure. Article content 'This collaboration marks a turning point,' said Fay Arjomandi, Founder and CEO of mimik. 'We're not retrofitting legacy AI. We're enabling, giving developers and enterprises a frictionless way to adopt and scale agentic AI where compute is fluid, intelligence is choreographed, and AI execution is embedded into every layer of infrastructure.' Article content With this integration, AMD hardware becomes an execution-ready environment for real-time AI, optimized for business-critical workloads across diverse environments. Article content AMD shares this vision of an adaptive, agent-ready future. 'Our collaboration with mimik enables a new generation of AI systems that are responsive, distributed, and production-ready,' said Ramine Roane, corporate vice president, Artificial Intelligence Group, AMD. 'By embedding mimik's execution environment across AMD platforms, from the smallest cameras and robots to the largest server, we're enabling real-time AI that's dynamic, sovereign, and built for scale. This is the future of AI compute: ubiquitous, intelligent, enterprise and developer ready.' Article content mimik's software enablers, pre-integrated across AMD platforms and built on an open API model, allow developers and enterprises to deploy agentic workflows out-of-the-box, locally or in coordination with other nodes. The result is a dynamically choreographed mesh of AI agents operating across AMD's device-first continuum compute fabric that is context-aware, resilient, offline-first, and cloud-capable when needed. This is the execution foundation of the Agentic Economy, ready to scale real-world impact, today. Article content Watch the demo video to see how mimik with AMD deliver Physical AI across the device-first continuum: Article content About mimik: Article content mimik powers the Agentic Economy with Agentix-Native software that turns everyday devices into intelligent collaborative systems. Its software platform enables real-time inference across smartphones, cameras, drones, robots, machines, and servers. By creating a Device-First AI continuum across endpoint devices and the cloud, mimik gives way to enterprises to operationalize agentic AI, scale intelligence, and optimize performance and cost. Article content Article content Article content Article content Article content
Trade Arabia
13-05-2025
- Business
- Trade Arabia
ISASAC 2025 wraps up innovations in industrial automation
The ISA Saudi Automation Conference (ISASAC) 2025 has solidified its position as a leading platform for industrial automation and digital transformation. Held from May 4 to 6 at the Kempinski Al Othman Hotel in Al Khobar, KSA, the event was organised by the ISA Saudi Arabia Section and sponsored by Aramco, bringing together a dynamic gathering of industry leaders, professionals, and technology innovators. Guided by the theme "Autonomous: Vision to Reality," the conference delved into the implementation of autonomous technologies across various industries. The event opened with a keynote address delivered by Thamer Al Qarawi, Director at Aramco, on behalf of Walid Al Naeem, VP and Chief Engineer at Aramco, and Sam Armani, SVP of Business Development at mimik. Their remarks set the tone for three dynamic days of thought leadership and technical exchange, centered on the future of automation, data analytics, AI-driven optimisation, and industrial cybersecurity. ISASAC 2025 featured a packed agenda of technical sessions, expert panels, and a technology exhibition showcasing the latest innovations. The event attracted participants from a wide range of sectors, including oil and gas and digital technology, fostering valuable cross-industry collaboration and dialogue. Sirar by stc served as the Diamond Sponsor, while Barracuda and Hitachi Energy, as Gold Sponsors. Jazil Investments and GROB, mimik, and Yokogawa supported the event as Silver Sponsors. txOne Networks, Inspira, CQR, MSA Safety, Weatherford, OT Nexus, and Fortinet contributed as Associate Sponsors, while Flowtronix, ZEDEDA, and HAZCO supported as the networking sponsors for the event. A highlight of the opening day was the gala dinner, hosted in partnership with Infoblox, which provided an opportunity for relaxed networking among delegates, speakers, and sponsors. A session on 'Strengthening Oil and Gas Cybersecurity Through Unified Visibility and Control' was held, offering thought-provoking insights that reflected the spirit of innovation and collaboration driving this year's conference. The conference also placed strong emphasis on the future of the industry by offering a dedicated platform for students and young professionals. Activities such as the Student Games brought emerging talent into the spotlight, underlining the importance of cultivating the next generation of automation and control experts.
