Sunday, May 19, 2024

ML Company Acquires Tensorwerk for DL  

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NEW YORK — The machine learning (ML) company is enhancing its deep learning (DL) capabilities through an acquisition. acquired the open-source DL company Tensorwerk, according to last month. is a cloud-based platform for building and training ML models. 

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

See more: The Artificial Intelligence Market 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.’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, 

Falcon said expanding’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

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