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WHTop → 📋 News → Red Hat Acquires Neural Magic to Advance Open-Source AI in Hybrid Cloud
Red Hat Acquires Neural Magic to Advance Open-Source AI in [...]
Red Hat Acquires Neural Magic to Advance Open-Source AI in Hybrid Cloud
📅 - 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
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