Samsung Invests In Chinese Deep Learning AI Firm DeePhi
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Samsung Group has invested in a Beijing-based artificial intelligence start-up DeePhi, according to local media reports. Financial details of the investment were not currently available.
Samsung is reportedly interested in the company’s neural network-based AI chipsets for portable devices, which allow instantaneous speech recognition, neural language processing and other recognition tasks on smartphones.
It marks another overseas investment in AI by the Korean company after funding Graphcore, a U.K.-based computer chip start-up designing hardware for AI applications last October.
It is reported that DeePhi turned down an earlier investment offer from South Korea’s largest wireless mobile phone service provider SK Telecom.
Founded by Yao Song with fellow researchers from Tsinghua University and Stanford University in 2016, DeePhi provides neural network compression technology and neural network hardware architecture to simplify and accelerate deep learning applications.
DeePhi’s other investors include GSR Ventures, Banyan Capital, Xilinx Inc., a provider of all programmable semiconductor products, and MediaTek Inc., a Taiwanese fabless semiconductor company. DeePhi has partnered with Samsung, Ant Financial and Amazon Web Service and others.
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