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ML Company Grid.ai Acquires Tensorwerk for DL  

NEW YORK — The machine learning (ML) company Grid.ai is enhancing its deep learning (DL) capabilities through an acquisition. Grid.ai acquired the open-source DL company Tensorwerk, according to Grid.ai last month.  Grid.ai is a cloud-based platform for building and training ML models.  The deal is intended to boost Grid.ai’s functionality, helping data scientists and researchers […]

Written By
thumbnail Chris Ehrlich
Chris Ehrlich
Apr 25, 2022
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NEW YORK — The machine learning (ML) company Grid.ai is enhancing its deep learning (DL) capabilities through an acquisition.

Grid.ai acquired the open-source DL company Tensorwerk, according to Grid.ai last month. 

Grid.ai is a cloud-based platform for building and training ML models. 

The deal is intended to boost Grid.ai’s functionality, helping data scientists and researchers build advanced models faster and more efficiently.

See more: The Artificial Intelligence Market

Grid.ai is onboarding the Tensorwerk team and using the brand’s products to refine the ML and DL in its platform.

The company believes the effectiveness of ML models, especially DL models, is dependent on the underlying computation resources. Building the infrastructure to run ML models, however, often leads companies to computational debt. 

Grid.ai’s SaaS platform, Grid, is designed to help researchers train advanced ML models without investing in computing capabilities. 

See more: Artificial Intelligence: Current and Future Trends

“ML is one of the technologies that will define and underpin our future,” said William Falcon, co-founder and CEO, Grid.ai. 

Falcon said expanding Grid.ai’s team with Tensorwerk’s engineers will help the company “redefine” the category and help customers “engage” with AI software.

Luca Antiga, Tensorwerk’s founder and CEO, said the collaboration between the teams will help customers build products “without having to worry about the infrastructure.”

See more: Top Performing Artificial Intelligence Companies

thumbnail Chris Ehrlich

Chris Ehrlich is the managing editor of several web properties in the TechnologyAdvice network. He has over 20 years of experience delivering content-based results across journalism and communications, including on B2B technologies. As a leader in digital journalism, he’s driven targeted content that resonates with audiences and increases key metrics. As a leader in branded communications, he’s driven multi-channel content for clients that spreads their messages and generates measurable returns. He holds a B.A. in English and political science from Denison University in Ohio.

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