Red Hat Acquires Neural Magic
January 15, 2025
Red Hat has completed its acquisition of Neural Magic, a developer of software and algorithms that accelerate generative AI inference workloads. Neural Magic's model optimization and inference performance engineering capabilities will be integrated into Red Hat AI to improve cost-effective, high-performing AI deployments across hybrid cloud environments.
- Buyers
- Red Hat
- Targets
- Neural Magic
- Industry
- AI & Machine Learning
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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