The deal will see HPE merge Determined AI’s machine learning platform with its high-performance computing services.
Hewlett Packard Enterprise (HPE) has acquired artificial intelligence start-up Determined AI to bolster its high-performance computing services.
Determined AI, based in San Francisco, develops an open-source platform for building and training machine learning models.
HPE said it plans to combine the start-up’s software stack with its AI and high-performance computing (HPC) offerings to improve machine learning models used in various industries.
No financial terms for the deal have been disclosed. The start-up had raised more than $13 million, with backers such as Google Ventures and LG. It was founded in 2017 by Ameet Talwalkar, Evan Sparks and Neil Conway.
Optimising machine learning models at scale remains a challenge for any company using AI to make sense of huge amounts of data and in operating high-performance computing power.
According to HPE, Determined AI’s open-source platform makes it easier for companies to configure and manage their machine learning development.
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For HPE, the deal adds another string to its bow in high-performance computing, a segment it is putting increasing resources behind to drive forward AI and machine learning by using computing power to ramp up the training of AI models.
A study by Intersect360 Research found that the HPC market is expected to reach almost $55 billion in revenue by 2024.
One of HPE’s major plays in this arena is its GreenLake cloud service, which provides services for high-performance computing and AI solutions as part of its fully managed service for businesses.
