August 17, 2018

Intel acquires AI-based startup Vertex.ai

The acquisition aims to strengthen Intel’s infrastructure by adding deep learning prowess in a bid to close the gap between hardware and AI enabled software.

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Tech mogul Intel has acquired AI (Artificial Intelligence) startup Vertex.ai in a bid to bridge the gap between hardware and AI-based software products. With this acquisition, Intel seeks to bolster their infrastructure with deep learning prowess to integrate PlaidML, its multilingual platform, with AI models on Linux, macOS, and Windows devices.

According to Intel, cloud-native enterprises are leveraging the power of machine learning and artificial intelligence to manage mission-critical workloads. They believe that these workloads need to be supported by their operating systems which are responsible for storing as well as running applications.

By acquiring Vertex.ai, Intel believe that they will allow enterprises to further enable flexible deep learning at the edge, by closing the gap between hardware and AI-based software. They claim that enterprises can easily carry workloads across different operating systems by integrating PlaidML with AI models.

Speaking about the acquisition, a spokesperson for Intel, commented:

Intel has acquired Vertex.ai, a Seattle-based startup focused on deep learning compilation tools and associated technology. The lack of portable, developer-friendly tools prevents most organizations from realizing the power of deep learning for their business.

A year ago we saw a way to solve the compatibility and portability problems all at once, for all platforms, using a new software approach. It’s required rethinking how we implement the algorithms, and it’s been a challenge to engineer — but the payoff is worth it.

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