--Intel Corp. (INTC) has purchased Vertex.AI, a Seattle-based artificial-intelligence startup, according to reports from TechCrunch and the Oregonian.

--Vertex.AI's seven employees have joined Intel's Movidius unit, TechCrunch reported.

 

Full story at www.techcrunch.com/2018/08/16/intel-buys-deep-learning-startup-vertex-ai-to-join-its-movidius-unit/ and www.oregonlive.com/silicon-forest/index.ssf/2018/08/intel_buys_seattle_artificial.html

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

August 16, 2018 16:37 ET (20:37 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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