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AMD did enter into an agreement to buy Taalas, which is speculated [1] will be used to augment their Helios offering.

1. https://www.youtube.com/watch?v=3MKRjt59hh4&pp=0gcJCRMMAYcqI...

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They are Ex AMD employees. Nvidia tried back, but they rejected.
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The rejection might be overrulled by investors if the offer is enticing enough.
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