Red Hat

Nov. 14 (Bloomberg) -- Red Hat announced its acquisition of startup Neural Magic in a Nov. 12 announcement, but did not disclose details of the deal. Neural Magic was founded in 2018 by Alex Matveev, a research scientist at the Massachusetts Institute of Technology, and Nir Shavit, a professor. In a blog post, Red Hat describes the company as a "generative AI inference pioneer" that focuses on improving the ability of general-purpose processors to run AI models to a level comparable to that of TP.... It aims to improve the ability of general-purpose processors to run AI models to a level comparable to TP...