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Image Credits:PAU BARRENA/AFP / Getty Images 5:08 AM PST · November 12, 2024
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. The terms weren’t disclosed.
Kyle Wiggers is a senior reporter at TechCrunch with a special interest in artificial intelligence. His writing has appeared in VentureBeat and Digital Trends, as well as a range of gadget blogs including Android Police, Android Authority, Droid-Life, and XDA-Developers. He lives in Brooklyn with his partner, a piano educator, and dabbles in piano himself. occasionally — if mostly unsuccessfully.
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