Hewlett Packard Enterprise announced on June 21 the acquisition of Determined AI, a San Francisco-based startup that has designed an open-source platform to train machine learning models faster using a distributed architecture. The amount of the transaction was not disclosed.
“HPE to Combine Determined AI Solution with its Artificial Intelligence Offerings and High Performance Computing Division, to Enable ML Engineers to Deliver Faster, More Accurate Information in Almost Any Industry“, details the company in a press release.
Founded in 2017 by Neil Conway, Evan Sparks and Ameet Talwalkar, Determined AI boasts of having accelerated the research of its clients in many fields, including pharmaceuticals. Building applications using AI techniques has become extremely computationally, data-intensive, and communication-intensive. “By partnering with HPE’s high performance computing solutions, we can accelerate application creation and dramatically expand our customer base.“, wrote Evan Sparks.
make AI more accessible
“AI-powered technologies will play an increasingly critical role in data transformation“, indicates for his part Justin Hotard, general manager of the HPC and Mission Critical Solutions divisions within HPE. By offering the platform of Determined AI, HPE hopes to make AI more accessible and give commercial value to more models. quickly, “without having to worry about the underlying infrastructure“, adds the director.
HPE will make its HPE GreenLake cloud service available to the start-up in order to make its offer “even more accessible and affordable for the commercial marketThe company says. Determined AI hopes to help researchers and scientists focus on innovation by removing the costs associated with developing machin learning.
The start-up, which in the past raised $ 11 million from GV, formerly Google Ventures, is delighted with the acquisition. “We look forward to continuing to develop new featuresThe company wrote in a blog post, using the announcement to launch a recruiting campaign.