Picture of Silo AI cofounder, Peter Sarlin

Interview

October 23, 2024

From bootstrapping to a $665m cash acquisition: How Silo AI made it to exit

The cash deal is the largest AI deal so far in Europe

Mimi Billing

7 min read

Helsinki-based AI lab Silo AI hit the headlines this summer when Silicon Valley semiconductor company AMD bought it in a $665m cash deal — the biggest AI acquisition in Europe to date.

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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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