Intel snaps-up startup Vertex.AI

Intel will absorb Vertex.AI's PlaidML tech into its Artificial Intelligence Products Group

Intel Sign outside building

Intel has bought AI startup Vertex.AI, absorbing the firm's PlaidML as an open source project run by the company's Artificial Intelligence Products Group.

As part of its ownership of the technology, Intel will transition PlaidML to the Apache 2.0 license, opening up opportunities for more people to access Vertex.AI's deep learning platform. It will also add some extra features to the PlaidML platform, including flexible deep learning for edge computing.

"Intel has acquired Vertex.AI, a Seattle-based startup focused on deep learning compilation tools and associated technology," the company said in a statement. "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."

Neither Intel nor Vertex.AI has revealed how much the deal's worth or how much it will be investing in the new purchase, although a message on the AI firm's homepage says Intel is looking for more staff to join its AI team, including data scientists, researchers and hardware, software engineers and project managers t help boost its AI operation.

Intel is putting a lot of money and effort behind its AI division, with Naveen Rao, the company's SVP for AI revealing it wants to cover the entire spectrum of AI possibilities, including Xeon for the data centre, Movidius for embedded vision, MobileEye for automotive, and Altera FPGAs for edge and datacenter inference. He recognises that a one-size-fits-all approach isn't effective and there must be different strings of the company's strategy to address the market.

Advertisement
Advertisement - Article continues below
Advertisement - Article continues below

The company sold an estimated $1 billion's worth of AI tech in 2017, but it thinks by 2022, that should top $10 billion.

Featured Resources

What you need to know about migrating to SAP S/4HANA

Factors to assess how and when to begin migration

Download now

Your enterprise cloud solutions guide

Infrastructure designed to meet your company's IT needs for next-generation cloud applications

Download now

Testing for compliance just became easier

How you can use technology to ensure compliance in your organisation

Download now

Best practices for implementing security awareness training

How to develop a security awareness programme that will actually change behaviour

Download now
Advertisement

Recommended

Visit/careers/28212/a-guide-to-cyber-security-certification-and-training
Careers & training

A guide to cyber security certification and training

13 Jan 2020
Visit/email-clients/19598/hotmail-outlookcom-upgrades-your-questions-answered
Software

Hotmail.co.uk migration to Outlook.com: Qs answered

11 Nov 2019
Visit/careers/28219/it-manager-job-description-what-does-an-it-manager-do
Careers & training

IT manager job description: What does an IT manager do?

28 Oct 2019
Visit/business-strategy/31780/the-it-pro-panel
Business strategy

The IT Pro Panel

28 Oct 2019

Most Popular

Visit/policy-legislation/data-governance/354496/brexit-security-talks-under-threat-after-uk-accused-of
data governance

Brexit security talks under threat after UK accused of illegally copying Schengen data

10 Jan 2020
Visit/web-browser/30394/what-is-http-error-503-and-how-do-you-fix-it
web browser

What is HTTP error 503 and how do you fix it?

7 Jan 2020
Visit/infrastructure/server-storage/354476/broadberry-cyberserve-r182-z90-review-gigabytes-epyc-gamble
Server & storage

Broadberry CyberServe R182-Z90 review: Gigabyte’s EPYC gamble pays off handsomely

7 Jan 2020
Visit/operating-systems/microsoft-windows/354526/memes-and-viking-funerals-the-internet-reacts-to-the
Microsoft Windows

Memes and Viking funerals: The internet reacts to the death of Windows 7

14 Jan 2020