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AI startup Biztech acquired by Ant Group: company will operate independently, investors have exited, sources say
According to a report by Blue Whale News on November 20, model track startup Biancai Technology confirmed that it has been acquired by Ant Group, and the company will operate independently, but the investor has already withdrawn. The report mentioned that there is news that Ant Group has recently set up a reinforcement learning laboratory, and the founder of the border technology, Wu Yi, has been employed as the chief scientist of the laboratory. Wu Yi responded in a circle of friends on the event of joining the ants, saying: "Recently invited by the ants to do ants big model reinforcement learning direction of the research, my teaching in the Tsinghua University Institute of cross-information, as well as the edge of the science and technology are continuing. Ant has a very good big model application scene, I hope to make an impact together...- 1.2k
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Red Hat Acquires Neural Magic and Open Sources Its Technology: Optimizing AI Performance for General Purpose Devices to Compete with Dedicated Chips
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...- 1.8k
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Amazon acquires majority of Perceive, an edge AI inference software and hardware company, for $80 million
According to the Form 8-K document submitted by entertainment technology company Xperi to the US SEC on the 14th of this month, Amazon.com Services LLC will buy most of the assets and certain liabilities of Xperi subsidiary Perceive for US$80 million (currently about RMB 571 million). Amazon.com Services LLC is Amazon Services LLC, one of the core companies of Amazon Group. Perceive is a…- 4.6k
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AMD acquires ZT Systems for $4.9 billion, challenging Nvidia in AI
AMD recently acquired AI infrastructure company ZT Systems for $4.9 billion, aiming to increase the market adoption of its own Instinct data center chip. ZT Systems is a partner of big AI companies such as Microsoft, Meta and Amazon, specializing in providing customized computing infrastructure. This acquisition is undoubtedly an important strategic layout for AMD. AMD CEO Lisa Su said that this acquisition will greatly accelerate the deployment of AMD AI solutions. …- 5.9k
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AMD acquires Silo AI, Europe's largest private AI lab, for $665 million
AMD officially announced today that it has completed the acquisition of Silo AI, the largest private AI laboratory in Europe, for approximately US$665 million (currently approximately RMB 4.773 billion), paid in full cash. At this point, Silo AI's scientists and engineers have officially joined the AMD family. AMD's emphasis on the field of AI is self-evident. This acquisition is an important step in its strategic layout, aiming to further strengthen the company's leadership in AI and related technologies. Like technology giants such as Google, Meta, and Apple, AMD …- 2.7k
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It is reported that Google spent $2.5 billion to acquire AI unicorn Character.AI, and the founder led the team to "sell themselves to a big company"
According to Bloomberg, on Friday local time, the founders of AI unicorn company Character.AI, Noam Shazeer and Daniel De Freitas, and some members of the research team joined Google. The report quoted unnamed insiders as saying that existing investors will buy out the company's shares at a price of US$2.5 billion (currently about RMB 17.964 billion). This is higher than the previous valuation of the company of US$1 billion (currently about RMB 7.186 billion)...- 2.8k
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Samsung acquires Oxford Semantic Technologies in the UK: local AI can simulate human methods to handle complex tasks
Samsung (July 18) issued a press release announcing the acquisition of Oxford Semantic Technologies, a British knowledge graph startup, to further enhance local AI capabilities and provide users with a more personalized AI experience. According to public information, Oxford Semantic Technologies was founded in 2017 by Ian Horrocks, Boris Motik and Bernardo Cuenca Grau…- 1.4k
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The dust has settled, British AI chip company Graphcore has been acquired by SoftBank
According to Graphcore's official website, the troubled British AI chip company has been acquired by SoftBank. According to the agreement, Graphcore will become a wholly-owned subsidiary of SoftBank and continue to operate under its current name. The two parties did not disclose the specific transaction value. Graphcore was founded in Bristol, a city in southwest England in 2016, and has launched several generations of AI workload accelerators called Intelligence Processing Unit (IPU for short). Graphcore was once regarded as "…- 2.6k
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OpenAI acquires Rockset, a database analysis company, in hopes of making inroads into search
On June 21, local time, OpenAI announced the completion of its acquisition of Rockset, a database retrieval and analysis company. The company will integrate Rockset's technology and personnel to strengthen the retrieval infrastructure of various products. OpenAI emphasized in a press release that AI will have the opportunity to change the way people organize and use their own data, which is why the company acquired Rockset. The latter is a real-time analysis database that provides "world-class" data indexing and query functions. It is reported that Rockset will enable users, developers and enterprises...- 2.6k
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Microsoft to acquire Inflection AI for $650 million to gain access to its large model
Recently, according to people familiar with the matter, Microsoft has agreed to pay about $650 million in cash and reached an unusual agreement with Inflection AI. This acquisition will bring more talent and technical resources to Microsoft and further enhance its competitiveness in the field of artificial intelligence. According to the agreement, Microsoft will obtain the right to use Inflection's large model and bring most of its employees under its command, including its co-founders Mustafa Suleyman and Karen Simonyan. These two have rich experience and influence in the field of artificial intelligence...- 2.5k
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Nvidia reportedly interested in acquiring AI infrastructure virtualization startup Run:ai for up to $1 billion
According to foreign media SiliconANGLE, Nvidia intends to acquire AI infrastructure virtualization startup Run:ai, with the transaction amount up to US$1 billion (currently about RMB 7.2 billion). Run:ai's workload management platform of the same name was recently the first to obtain Nvidia DGX SuperPOD certification. Its AI orchestration technology can help users easily run AI and machine learning projects to meet the growing requirements for generative AI and large models. Run:ai is led by its CEO Omri Geller (O…- 1.4k
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Nvidia in talks to acquire Israeli artificial intelligence company Run:ai
According to people familiar with the matter, Nvidia is currently in deep negotiations with Israel's artificial intelligence infrastructure orchestration and management platform Run:AI to discuss acquisition matters. The value of the transaction is expected to reach hundreds of millions of dollars, and may even climb to a high of $1 billion. Currently, the negotiations between the two parties are still ongoing, and the specific acquisition details and conditions have not been disclosed. Run:ai is an AI optimization and orchestration platform specifically for GPUs. Run:ai provides a range of tools and features, including CLI and GUI, workspaces, open source frameworks, metrics, resource management...
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