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Red Hat to acquire AI optimization startup Neural Magic

  • Red Hat Inc. plans to acquire AI optimization startup Neural Magic.
  • Neural Magic specializes in optimizing AI models to run on different hardware, including CPUs and GPUs.
  • The acquisition will enhance Red Hat's ability to support AI deployments across hybrid cloud environments.
  • Neural Magic's expertise in model deployment and the open-source project vLLM played a key role in the acquisition.

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