Red Hat Announces Definitive Agreement to Acquire Neural Magic
Nov 12, 2024 · Neural Magic spun out of MIT in 2018 with the goal of building performant inference software for deep learning. With Neural Magic’s technology and performance engineering expertise, Red Hat aims to accelerate its vision for AI’s future, powered by the Red Hat AI technology portfolio. Built to break through the challenges of wide-scale ...
FAQ: Red Hat to acquire Neural Magic
On Nov. 12, 2024, Red Hat announced that it has signed a definitive agreement to acquire Neural Magic, subject to regulatory reviews and other customary closing conditions. What is Neural Magic?
Red Hat Announces Definitive Agreement to Acquire Neural Magic
RALEIGH, N.C., November 12, 2024 -- (BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, today announced that it has signed a definitive agreement to acquire...
Red Hat Announces Definitive Agreement to Acquire Neural Magic
6 days ago · RALEIGH, N.C.-- (BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, today announced that it has signed a definitive agreement to acquire Neural Magic, a pioneer...
Red Hat is acquiring AI optimization startup Neural Magic
6 days ago · Red Hat, the IBM-owned open source software firm, is acquiring Neural Magic, a startup that optimizes AI models to run faster on commodity processors and GPUs. The terms of the deal weren’t ...
Red Hat signs definitive agreement to acquire Neural Magic
6 days ago · Red Hat has signed a definitive agreement to acquire Neural Magic, a pioneer in software and algorithms that accelerate generative AI (GenAI) inference workloads. Neural Magic’s expertise in inference performance engineering and commitment to open source aligns with Red Hat’s vision of high-performing AI workloads that directly map to customer-specific use cases and data, anywhere
Red Hat Acquires Neural Magic to Boost Open Source AI …
5 days ago · Red Hat plans to leverage Neural Magic's technology to further democratize access to AI through the open innovation of vLLM, a community-driven open source project for open model serving.
Red Hat acquires tech to lower the cost of machine learning
5 days ago · The acquisition of Neural Magic by Red Hat is being positioned as a way to democratitise machine learning and reduce the need for GPUs.
Red Hat to acquire Neural Magic - Network World
6 days ago · Red Hat announced plans to acquire Neural Magic, a company that specializes in generative AI performance engineering, model optimization algorithms, and high-performance GPU and CPU inference...
Red Hat Acquiring Neural Magic To Bolster Open-Source AI …
Nov 12, 2024 · Red Hat announced today they have signed a definitive agreement to acquire Neural Magic, an AI software company behind the likes of DeepSparse and nm-vllm.
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