Intel has announced it is to acquire SigOpt, a San Francisco-based provider of a leading platform for the optimisation of artificial intelligence (AI) software models at scale.
SigOpt’s AI software technologies deliver productivity and performance gains across hardware and software parameters, use cases and workloads in deep learning, machine learning and data analytics. Intel plans to use SigOpt’s software technologies across Intel’s AI hardware products to help accelerate, amplify and scale Intel’s AI software solution offerings to developers.
“In the new intelligence era, AI is driving the compute needs of the future,” says Raja Koduri, Intel senior vice-president, chief architect and the GM of the Architecture, Graphics and Software (IAGS) Group. “It is even more important for software to automatically extract the best compute performance while scaling AI models. SigOpt’s AI software platform and data science talent will augment Intel software, architecture, product offerings and teams, and provide us with valuable customer insights.
SigOpt CEO and co-founder Scott Clark and CTO and co-founder Patrick Hayes will join the Machine Learning Performance team at Intel. “We are excited to join Intel and supercharge our mission to accelerate and amplify the impact of modelers everywhere,” says Clark. “By combining our AI optimisation software with Intel’s decades-long leadership in AI computing and machine learning performance, we will be able to unlock entirely new AI capabilities for modelers.”
SigOpt’s customer base includes Fortune 500 companies across industries, as well as leading research institutions, universities and consortiums.
