HPE Acquisition of Determined AI to Leverage the Value of Data
Just prior to the beginning of the conference, HPE announced it had acquired Determined AI, a San Francisco-based startup. In a June 21 press release, the company revealed its plans to “combine Determined AI’s unique software solution with its world-leading AI and high performance computing 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.”
Justin Hotard, senior vice president and general manager of high performance computing and mission-critical solutions at HPE, said in the press release, “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.”
At HPE Discover, Evan Sparks, CEO and co-founder of Determined AI, explained his company’s offerings this way: “What we provide is a software platform that’s really designed to help machine learning engineers and data scientists focus on the task of model development and building their machine learning models, rather than learning the entire stack of technologies required to deliver that value.”
“They don’t need to be fussing around with how to configure a graphics processing unit and high-performance networking and storage,” he continued. “Instead, we give them a layer of abstraction that lets them focus on that modeling, gives them features like high-performance parallel distributed training events, hyperparameter optimization, metrics tracking that can enable reproducibility and collaboration, all in a seamless package. And it’s fundamentally helping them deliver machine learning–powered solutions on the order of days or weeks, as opposed to years or never.”
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