Intel acquires another start-up platform to manage, build, automate ML

Intel has acquired Cnvrg.io to strengthen its ML and AI operations. Cnvrg.io is an Israeli based company specialising in building and operating platform for data scientists to make and run ML models. “Cnvrg, after the acquisition, will be an independent Intel company and will continue to serve its existing and future customers,” Intel said in a note. Financial terms of the deal are yet to be known. Intel a few weeks before picked up SigOpt, which operated in ML and AI space.

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