Red Hat acquires Neural Magic, which has built tools to boost generative AI inference workloads and raised $50M from a16z and others, for an undisclosed sum
and that starts today. Brian Stevens / @addvin : Today it become official, Neural Magic now a part of Red Hat. Michael Ferris / @mikeferris : Excited that we continue to expand our AI and Hybrid footprint to deliver increasing capabilities and performance to our customers, partners and the open soruce community. @redhat : Today, Red Hat completed the acquisition of @NeuralMagic, a pioneer in software and algorithms that accelerate #GenAI inference workloads. Read how we are accelerating our vision for #AI's future: http://redhat.com/.... [video] Michael Goin / @mgoin_ : I'm happy to announce that @neuralmagic has been acquired by @RedHat! 🪄 My journey with open-source began in middle school, where I began using the various flavors of Linux and programming languages, often learning through the shared knowledge freely available in online