TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

6G Research and Innovation

6G Research and Innovation

Intel to Acquire SigOpt to Scale AI Productivity and Performance

Via Intel Newsroom

Oct 29, 2020

SigoOpt Horz Blue What’s New: Today, Intel announced it will acquire SigOpt, a San Francisco-based provider of a leading platform for the optimization 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. 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. We welcome the SigOpt team and its customers to the Intel family.” * – Raja Koduri, Intel senior vice president, chief architect and general manager of Architecture, Graphics and Software (IAGS)

Why It Matters: SigOpt’s software technologies combined with Intel hardware provide competitive advantages and differentiated value for data scientists and developers, and they complement Intel’s existing AI software portfolio.

Intel SigOpt SigOpt CEO and co-founder Scott Clark (left) and CTO and co-founder Patrick Hayes will join the Machine Learning Performance team at Intel. (Credit: SigOpt)

“We are excited to join Intel and supercharge our mission to accelerate and amplify the impact of modelers everywhere,” said Scott Clark, SigOpt CEO and co-founder. “By combining our AI optimization 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.”

The D etails: The deal is expected to close this quarter. Transaction terms were not disclosed. SigOpt’s team – including Clark and CTO and co-founder Patrick Hayes – will join the Machine Learning Performance team in IAGS. They bring highly desired technical talent to help solve some of the biggest challenges faced by Intel’s customers.

SigOpt’s customer base includes Fortune 500 companies across industries, as well as leading research institutions, universities and consortiums. SigOpt’s software technologies will continue to be available to data scientists and developers to enable better productivity and performance in solving real-life use cases and drive business value for customers.

About Intel’s AI Strategy: Intel’s AI strategy is grounded in a belief in the power of AI to improve business outcomes. It requires a broad mix of technologies – hardware and software – and full ecosystem support. Intel expects the AI silicon market to be greater than $25 billion by 20241 . AI solutions already drive meaningful revenue for the company with more than $3.8 billion in AI-driven revenue in 2019. The combination of SigOpt’s software technologies and Intel hardware is expected to drive increased AI adoption. Intel’s AI software strategy is aimed at optimizing Intel’s hardware performance, providing tools to speed up the AI workflow process and building a consistent experience for developers with oneAPI.

1 Intel estimates the total addressable market (TAM) for AI silicon by 2024 will be greater than $25 billion, and within that, AI silicon in the data center is expected to be greater than $10 billion in the same timeframe.

Tags: SigOpt

Related Topics
  • 6G Research and Innovation,
  • AI & ML,
  • Automotive,
  • Enterprise,
  • Finance & Banking,
  • Global,
  • Government,
  • Intel,
  • Telecoms Vendors & OEMs,
  • Tracker

More Like This

6G Research and Innovation

News brief: 6G R&D gathers pace in Europe

Feb 7, 2023

6G Research and Innovation

Keysight brings advanced solution expertise to four key European 6G projects

Feb 7, 2023

5G Evolution

Docomo conducts world's first trial of transmissive metasurface on window to deliver indoor radio waves to outdoor foot of building

Jan 30, 2023

6G Research and Innovation

6G-IA and ETSI sign MoU bridging the gap between European research, standards and industry

Jan 24, 2023

Digital Platforms and Services

Microsoft and OpenAI extend partnership

Jan 24, 2023

This content extract was originally sourced from an external website (Intel Newsroom) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

0:46

The Cloud Native Telco Summit returns this September!

8:32

Azita Arvani on Being a Female Leader at Rakuten Symphony

16:19

AT&T Amy Zwarico on securing telco applications in the public cloud

1:44

Join us for the greatest industry debate of the year!

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us
  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).