Intel wants to bring more artificial intelligence technology into all aspects of its business, and today it is stepping up its game a little in the area with an acquisition. The computer processing giant has acquired Vertex.AI, a startup that had a mission of making it possible to develop “deep learning for every platform”, building a deep learning engine called PlaidML to do this.
Terms of the deal have not been disclosed but Intel has provided us with the following statement, confirming the deal and that the whole team — including founders Choong Ng and Brian Retford — will be joining Intel. “Intel has acquired Vertex.AI, a Seattle-based startup focused on deep learning compilation tools and associated technology.
The seven-person Vertex.AI team joined the Movidius team in Intel’s Artificial Intelligence Products Group. With this acquisition, Intel gained an experienced team and IP to further enable flexible deep learning at the edge.
Additional details and terms are not being disclosed.” A note on Vertex’s home page says the team will become part of Intel’s Movidius unit, which was formed around a computer vision chipmaking startup of the same name that Intel acquired in 2016. Vertex says that Intel will continue to develop PlaidML as an open source project (see its Github page here), where it will continue to support a variety of hardware under an Apache 2.0 license with an Intel nGraph backend.
“We are excited to advance flexible deep learning for edge computing as part of Intel,” the company said. Intel, once a pace-setter and leader in the computing industry on the strength of its processors, has lost some momentum amid a new wave of companies building processors for mobile and other next-generation devices. Read more from techcrunch.com…
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