Neural Magic is a spinout of MIT developing a software platform for Artificial Intelligence applications.
Today, when an organization decides to experiment with, or deploy, an Artificial Intelligence solution, their first stop is typically NVidia. (NASDAQ: NVDA, Market Cap $129B). Why use NVidia? Because historically, Intel CPUs were far slower than GPUs for AI algorithms. Neural Magic enables customers to use traditional Intel-based servers, often which they already own.