Red Hat, the IBM-owned open-source software giant, has completed its acquisition of Neural Magic, a pioneering artificial intelligence (AI) optimization startup. Initially announced in November ...

Neural Magic’s generative AI performance engineering and model optimization algorithms will enhance Red Hat AI, helping make production AI more accessible and achievable The large language ...

Red Hat has signed an agreement to acquire Neural Magic, a company specializing in software and algorithms that accelerate generative AI (gen AI) inference workloads, according to a press release ...

RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, today announced that it has signed a definitive agreement to acquire Neural Magic, a pioneer ...

AI optimization startup Neural Magic created software that makes it possible for AI inference models to run efficiently on commodity CPU-based hardware. Jan. 13, 2025 update: Red Hat announced it ...

RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, today announced that it has completed its acquisition of Neural Magic, a pioneer in software ...