Catching up in this space requires a significant, sustained investment over multiple years and competent software engineers. It's not a simple thing for a hardware company to suddenly become competitive with Nvidia in AI/ML.
Instead, they've been going after the CPU market (and winning), HPC/scientific computing (high FP64 performance, in contrast to Nvidia's focus on low-precision ML compute), and integrating Xilinx.
However, I agree that it's an unfortunate situation, and I hope AMD becomes competitive in this space soon.
I think their hardware is comparable with nvidia. The problem is the software is awful by comparison. It’s hard to run any of the AI workloads with AMD, and even when you can the performance is poor. The software investment just hasn’t been made. Until then they are not even in the game.
Instead, they've been going after the CPU market (and winning), HPC/scientific computing (high FP64 performance, in contrast to Nvidia's focus on low-precision ML compute), and integrating Xilinx.
However, I agree that it's an unfortunate situation, and I hope AMD becomes competitive in this space soon.