Looks like AMD fell for Wave's sales pitch:
http://www.zdnet.com/pcweek/stories/news/0,4153,2475693,00.html.
Note though that it remains to be seen how real this is, the amount of hype
pouring out of Wave means you have to take this with a grain of salt, it looks
like a Wave press release rather than an AMD one since they mostly quote Wave
people.
(For people who don't know what EMBASSY is, it's a kind of combination of
Clipper and DIVX, although recently they've tried to deemphasise this since
noone was buying it - see earlier posts to cypherpunks on this topic. Maybe
the press release wasn't by Wave after all but set up by Intel to make their
PIII serial number look good in comparison).
Peter.