When the merger was first announced, Stevens said: "At Neural Magic, our vision is that the future of AI is open, and we have been on a mission to enable enterprises to capture the powerful innovation from AI while at the same time being free of friction and restriction. Open-source models, optimization algorithms, and inferencing systems are the heart of this -- enabling enterprises to own their own AI models, privately customize them to their datasets, and deploy them on their private multi-vendor infrastructure -- cloud, data center, or edge."
Neural Magic, an MIT spinoff founded in 2018, has developed innovative software and algorithms that accelerate generative AI inference workloads. The company's technology allows complex AI models to run efficiently on commodity hardware, including standard CPUs and GPUs, potentially reducing the need for expensive, specialized AI accelerators.
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