Red Hat Acquires Neural Magic to Advance Open-Source AI in [...]

Red Hat Acquires Neural Magic to Advance Open-Source AI in Hybrid Cloud

📅 November 13, 2024 - Global provider of open-source solutions, Red Hat, has announced its agreement to acquire Neural Magic, a company specializing in software that accelerates generative AI (GenAI) inference. This acquisition aligns with Red Hats vision of enabling high-performance AI applications tailored to diverse business requirements and data environments across hybrid cloud infrastructure.

Neural Magics expertise in inference performance and commitment to open source innovation are expected to strengthen Red Hats offerings and help address critical challenges in the AI landscape. Financial terms of the acquisition were not disclosed.

As AI technology becomes increasingly integrated across industries, [...][... Check source for end of article ...]

Tags: AI

Reads: 144 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author:
URL source: https://hostingjournalist.com/news/red-hat-acquires-neural-magic-to-advance-open-source-ai-in-hybrid-cloud
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!

Other news

📅 Nov 13, 2024 - NetApp and Red Hat Partner to Enhance Flexibility in Virtualized Environments - By uniting NetApps intelligent data infrastructure with Red Hat OpenShift, this collaboration offers customers more flexibility to manage their virtualized environments more seamlessly on-premises and in the hybrid multicloud.

Companies are under increasing pressure to innovate quickly, developing new and differentiated enterprise applications that can simplify ongoing business operations or drive improved outcomes for customers.Red Hat OpenShiftis the industrys leading hybrid cloud application platform powered by Kubernetes and trusted by thousands of companies, including more than half of the top 25 Global Fortune 500, to help streamline application lifecycles and drive innovation for [...]

📅 Nov 13, 2024 - Investor Cordiant Acquires Belgian Colocation Firm Datacenter United - Cordiant Digital Infrastructure, a digital infrastructure investment arm of Cordiant Capital, has announced its acquisition and merger plan for the data center operations of Belgiums Proximus Group and Datacenter United (DCU), aiming to strengthen its foothold in the European data center market.

Partnering with TINC and an additional Cordiant-managed fund, Cordiant will invest 92.3 million to secure a 47.5% stake in the newly formed Combined Group, which merges Proximuss data center operations with DCUs facilities. This move aligns with Cordiants Buy, Build, and Grow strategy and marks a significant development in the companys mission to lead in digital infrastructure across key [...]

📅 Nov 13, 2024 - AMD Unveils Versal Premium Gen 2 SoC with CXL 3.1, PCIe Gen6 Support - AMD has announced its latest adaptive SoC platform, the Versal Premium Series Gen 2, designed to provide enhanced system acceleration for diverse, data-intensive applications. Positioned as a game-changer in the FPGA market, the new Versal Premium Series Gen 2 brings with it support for Compute Express Link (CXL) 3.1, PCIe Gen6, and hard IP integration for LPDDR5X memory.

These advancements are expected to enhance data access and transfer rates between CPUs and accelerators, catering to the evolving needs of data centers, communications, test and measurement, aerospace, and defense industries.

The integration of CXL 3.1 and LPDDR5X in the Versal Premium Series Gen 2 platform is aimed at [...]

📅 Nov 13, 2024 - Equinix Announces Plans to Sunset Equinix Metal by 2026 - Equinix, a global supplier of data center colocation and connectivity, informed customers in a letter yesterday that it will be discontinuing its Equinix Metal service. This bare metal service was launched by Equinix in 2020 following the acquisition of Packet for $335 million and the integration of bare metal into the Equinix portfolio.

The decision to sunset Equinix Metal would align with Equinixs long-term strategy to enhance its core offerings and meet evolving customer needs.

Equinix Metal allowed businesses to instantly access hundreds of networks, businesses, and clouds on Platform Equinix and construct hybrid multicloud architectures with ease because to its natural interaction [...]

📅 Nov 14, 2024 - Cybersecurity Firm Snyk Acquires Developer-First DAST Provider Probely - Global developer security company Snyk has acquired Probely, a Dynamic Application Security Testing (DAST) company based in Porto, Portugal. Probely specializes in web application and API security testing and is known for its popular free tool, Security Headers, which helps users evaluate and compare the security of their websites. The financial terms of the deal remain undisclosed.

With the increasing reliance on APIs in developing applications powered by Large Language Models (LLMs) and other generative AI technologies, API security testing has become a critical component of modern application security strategies. Through the integration of Probelys advanced DAST capabilities, Snyk now [...]

📅 Nov 14, 2024 - Servers.com Expands with New Miami Data Center and Global Upgrades - Global Infrastructure-as-a-Service (IaaS) provider Servers.com has significantly expanded its footprint, both by enhancing operations at five existing global locations - Amsterdam, San Jose, Washington, Dallas, and Singapore - and by unveiling a new data center in Miami.

This move would demonstrate the companys dedication to meeting the growing demand from customers for low-latency solutions in important sectors such as gaming, iGaming, streaming, adtech, and finance.

The new Miami data center is a strategic addition aimed at serving businesses in Brazil, where local infrastructure challenges and high hardware costs pose significant hurdles. By offering proximity and competitive pricing, [...]