Hewlett Packard Enterprise has acquired Determined AI, a San Francisco-based startup that delivers a software stack to train AI models , using its open source machine learning platform.
“As we enter the Age of Insight, our customers recognize the need to add machine learning to deliver better and faster answers from their data,” said Justin Hotard, senior vice president and general manager, HPC and mission critical solutions, HPE. “AI-powered technologies will play an increasingly critical role in turning data into readily available, actionable information to fuel this new era. Determined AI’s unique open source platform allows ML engineers to build models faster and deliver business value sooner without having to worry about the underlying infrastructure. I am pleased to welcome the world-class Determined AI team, who share our vision to make AI more accessible for our customers and users, into the HPE family.”
“The Determined AI team is excited to join HPE, who shares our vision to realize the potential of AI,” said Evan Sparks, CEO of Determined AI. “Over the last several years, building AI applications has become extremely compute, data, and communication intensive. By combining with HPE’s industry-leading HPC and AI solutions, we can accelerate our mission to build cutting edge AI applications and significantly expand our customer reach.”
Freshfields advised Hewlett Packard Enterprise.