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 dedication to creating optimized and efficient AI models enhances Red Hat’s ability to realize this vision.

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 ...

Red Hat, the IBM-owned open source software firm, is acquiring Neural Magic, a startup that optimizes AI algorithms to run on commodity processors. The transaction is subject to applicable ...

During KubeCon, Red Hat also revealed that it had signed an agreement to buy Neural Magic, a Somerville, Mass.-based upstart that provides software and algorithms for generative AI inference ...