Intel buys deep-learning startup Vertex.AI to join its Movidius unit

Intel has an ambition to bring more artificial intelligence technology into all aspects of its business, and today is stepping up its game a little in the area with an acquisition. The computer processing giant has acquired Vertex.AI, a startup that had a mission of making it possible to develop "deep learning for every platform", and had built a deep learning engine called PlaidML to do this. Terms of the deal have not been disclosed but Intel has provided us with the following statement, confirming the deal and that the whole team -- including founders Choong Ng and Brian Retford -- will be joining Intel. "Intel has acquired Vertex.AI, a Seattle-based startup focused on deep learning compilation tools and associated technology. The seven-person Vertex.AI team joined the Movidius team in Intel's Artificial Intelligence Products Group. With this acquisition, Intel gained an experienced team and IP to further enable flexible deep learning at the edge. Additional details and terms are not being disclosed."