Monday, June 21, 2021

HPE acquires Determined AI

Hewlett Packard Enterprise has acquired Determined AI, a start-up based in San Francisco with software stack to train AI models faster using its open source machine learning (ML) platform. Financial terms were not disclosed.

Determined AI was founded in 2017 by Neil Conway, Evan Sparks, and Ameet Talwalkar. It launched its open-source platform in 2020. 

HPE will combine Determined AI’s unique software solution with its AI and high performance computing (HPC) offerings to enable ML engineers to easily implement and train machine learning models to provide faster and more accurate insights from their data in almost every industry.  

“As we enter the Age of Insight, our customers recognize the need to add machine learning to deliver better and faster answers from their data,” said Justin Hotard, senior vice president and general manager, HPC and Mission Critical Solutions (MCS), HPE. “AI-powered technologies will play an increasingly critical role in turning data into readily available, actionable information to fuel this new era. Determined AI’s unique open source platform allows ML engineers to build models faster and deliver business value sooner without having to worry about the underlying infrastructure. I am pleased to welcome the world-class Determined AI team, who share our vision to make AI more accessible for our customers and users, into the HPE family.”

“The Determined AI team is excited to join HPE, who shares our vision to realize the potential of AI,” said Evan Sparks, CEO of Determined AI. “Over the last several years, building AI applications has become extremely compute, data, and communication intensive. By combining with HPE’s industry-leading HPC and AI solutions, we can accelerate our mission to build cutting edge AI applications and significantly expand our customer reach.”