Red Hat acquires AI optimization startup Neural Magic

NOV 13, 20244 MIN
TechCrunch Industry News

Red Hat acquires AI optimization startup Neural Magic

NOV 13, 20244 MIN

Description

Red Hat, the IBM-owned open source software firm, is acquiring Neural Magic, a startup that optimizes AI algorithms to run on commodity processors. The transaction is subject to applicable regulatory reviews and other customary closing conditions.

Learn more about your ad choices. Visit podcastchoices.com/adchoices