Samsung has acquired Oxford Semantic Technologies, a UK-based startup specializing in artificial intelligence (AI), data processing, and knowledge graph technology. The Korean conglomerate plans to use the firm’s technologies to improve Galaxy AI. It has been already collaborating with the startup on various projects since 2018.
Oxford Semantic Technologies will help Samsung elevate Galaxy AI experiences
Founded in 2017 by three Oxford University professors, Oxford Semantic Technologies offers cutting-edge technologies in the areas of knowledge representation and semantic reasoning. “Transform data and knowledge into fast and accurate answers to complex questions,” the firm’s official website says on the home page. “Rules-based artificial intelligence powered by human-like reasoning and the highest performing knowledge graph technology.”
Knowledge graph technology organizes information as a web of related ideas, similar to how humans think and remember. It integrates and connects data, improving the understanding of how people use a product or service. This enables quick information retrieval and better recommendations. It is a key technology for realizing sophisticated and personalized AI solutions. Unsurprisingly, developing and implementing this technology is challenging.
The technology requires complex computations to convert extensive real-world data into usable knowledge graphs. Oxford Semantic Technologies has developed and commercialized this technology. Its AI-centric engine, RDFox, is already used by organizations globally. It offers optimized data processing and advanced reasoning for both cloud and on-device services. The firm has customers from various sectors, including finance, manufacturing, and e-commerce.
Samsung says it acquired Oxford Semantic Technologies the firm to gain deeper access to its technologies and solutions. “With this acquisition, Samsung will secure advanced core engines for personal knowledge graphs, the company said in a press release. “These graphs integrate information and context dispersed across various services and apps, crafting a user experience that is tailor-made by becoming increasingly familiar with users’ preferences and usage.”
2024-07-19 15:07:49