Qualcomm buys Dutch research outfit to bolster artificial intelligence expertise

Qualcomm announced that it has purchased Dutch artificial intelligence research company Scyfer to boost its expertise in machine learning. The price was not disclosed. Scyfer has built artificial intelligence systems for companies in manufacturing, healthcare, finance and other industries. Founded in 2013, Scyfer is a spinoff of the University of Amsterdam. Professor Max Welling co-founded the company and will continue to work both as a professor and an artificial intelligence researcher for Qualcomm.