Artificial IntelligenceTechnology

Qualcomm acquires Scyfer to accelerate AI research

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Qualcomm Technologies, Inc. – a subsidiary of Qualcomm Incorporated, recently announced the acquisition of Scyfer B.V. a University of Amsterdam affiliated company, to forward its AI research.

Scyfer is a Netherland based startup that makes AI solutions for companies worldwide. It provides cutting-edge machine learning techniques to several industries ranging from manufacturing to healthcare and finance.

By adding Scyfer, Qualcomm aims to accelerate its Artificial Intelligence research techniques and develop machine learning technologies faster.

Some of its efforts include advancement in neural network techniques, network optimization for applications, and introduction of hardware architectures specifically designed to boost machine learning workloads.

Matt Grob, Executive Vice-President of technology, Qualcomm Incorporated said, “We started fundamental research a decade ago, and our current products now support many AI use cases from computer vision and natural language processing to malware detection on a variety of devices — such as smartphones and cars — and we are researching broader topics, such as AI for wireless connectivity, power management and photography.

Credit: Qualcomm

The Scyfer’s team will do join Qualcomm, but operate from Amsterdam only, per the announcement. Max Welling, the founder of Scyfer will continue with his role as a professor in the Amsterdam University.

While, its joint research lab – QUVA, established in 2015 in association with University of Amsterdam will work on advancing machine learning techniques for both computer and mobile devices.

Read the announcement here.

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