The technology giant NVIDIA has confirmed that in recent days it has signed the purchase of the Israeli start-up Deci, which specializes in the development of artificial intelligence tools and even won an award for it. "Deci's capabilities in the field of NAS (Neural Architecture Search), which enable automation for the construction of deep neural models in order to improve performance, will be a complementary combination to Nvidia's expertise in artificial intelligence," the company said.
"The engineering and development teams at Deci have expertise in the areas of NAS, foundation models of artificial intelligence (Foundation Models), inference and development of complex algorithms," company officials add.
Deci was founded at the end of 2019 by Dr. Yonatan Geifman, Prof. Ran El-Yaniv and Yonatan Eliel. The company has raised tens of millions of dollars since its establishment from leading funds including Insight Partners, Jibe Ventures, Emerge, Square Peg Fort Ross Ventures and employs dozens of employees in Israel and the United States "B. Deci works with hardware manufacturers, OEMs and other machine learning system leaders and is an official partner of, among others, Intel, Envida, HPE and AWS.
As a reminder, just last Wednesday NVIDIA announced that it had signed an agreement to acquire the Israeli startup Run:ai, which developed Kubernetes-based technology for managing artificial intelligence workloads in AI supercomputing infrastructures. This acquisition is intended to help the company's customers make more efficient use of their AI computing infrastructures.