Advanced Micro Devices, Inc. (AMD) is making headlines as its stock experiences a notable rise in premarket trading on October 2, 2025. The surge of 2.27% to $167.74 follows the announcement of a strategic partnership with Cohere, a firm specializing in security-first enterprise AI solutions, and the publication demonstrates positive momentum in the developments.
Expanded Collaboration Between Cohere and AMD
The expanded collaboration will allow Cohere's customers to utilize AI models on AMD's Instinct GPU-powered infrastructure, positioning AMD to better compete with NVIDIA in the burgeoning enterprise and sovereign AI sectors. This partnership not only focuses on commercial applications but also emphasizes sovereign AI initiatives, particularly in Canada, with aspirations for global reach.
Statements from AMD's Senior Vice President of AI
Vamsi Boppana, AMD's senior vice president of AI, stated that the integration of Cohere's full-stack AI solutions with AMD's infrastructure will enable organizations and governments to scale their AI capabilities with outstanding performance, efficiency, and memory capacity. This collaboration is particularly timely as there is an increasing demand for domestic control over AI infrastructure, with both governments and enterprises seeking alternatives to ensure data sovereignty and security.
