The acquisition of Oxford Semantic Technologies, a British business recognised for its cutting-edge knowledge graph technology, by Samsung Electronics has been revealed. With this acquisition, Samsung is taking a big step towards improving on-device AI applications and expanding its artificial intelligence (AI) capabilities.
Summary
- Acquisition Details: Samsung Electronics has agreed to acquire Oxford Semantic Technologies, a UK-based startup known for its cutting-edge knowledge graph technology.
- Technology Overview: Oxford Semantic Technologies specializes in knowledge graph technology, which stores information as an interconnected web of related ideas, mirroring the human reasoning process.
- Application in AI: The acquired technology will be used to personalize AI applications, including on-device AI on Samsung phones.
- Financial Terms: The value of the deal has not been disclosed by Samsung.
The Acquisition
A British business known for making major advancements in knowledge graph technology, Oxford Semantic Technologies, was acquired by Samsung Electronics on Thursday. By utilising Oxford Semantic’s experience, this calculated action seeks to strengthen Samsung’s AI capabilities by improving the functioning and customisation of AI apps on Samsung smartphones.
Knowledge Graph Technology
Oxford Semantic Technologies’ knowledge graph technology has allowed it to carve out a position for itself in the AI sector. This technology closely resembles the way humans reason by storing information as an interconnected network of related concepts. Knowledge graphs make it possible for more complex and contextually aware AI systems by arranging data in this way.
Benefits for Samsung
Samsung intends to use knowledge graph technology from Oxford Semantic into its AI applications for on-device use. It is anticipated that this integration will greatly enhance the intelligence and personalisation of AI features on Samsung phones. Through the utilisation of knowledge graphs’ interconnectedness, Samsung hopes to provide its consumers with AI experiences that are more responsive and intuitive.
AI Personalization
The capacity to more fully customise user experiences is the main benefit of using knowledge graph technology in AI applications. Knowledge graphs make it possible for AI systems to comprehend and forecast user preferences and behaviours with more accuracy, resulting in interactions that are more tailored and relevant. As a result, Samsung’s AI apps will be able to provide more intelligent and user-focused suggestions and responses by utilising personal user data.
Samsung’s AI Strategy
The purchase of Oxford Semantic Technologies fits nicely with Samsung’s overarching plan to take the lead in artificial intelligence. Samsung wants to stay ahead of the competition and provide better AI-powered goods and services, therefore it keeps making investments in cutting-edge AI technologies. It is anticipated that the performance and personalisation of Samsung’s AI applications will significantly increase with the inclusion of knowledge graph technology to its toolbox.
The Future of AI at Samsung
With Oxford Semantic’s technology integrated, Samsung is ready to lead the AI innovation space. The company’s deliberate expenditures and acquisitions demonstrate its dedication to improving its AI capabilities. Users should anticipate increasingly sophisticated, tailored, and user-friendly AI experiences on their devices as Samsung keeps pushing the boundaries of artificial intelligence.
Final Thoughts
By implementing cutting-edge knowledge graph technology, Samsung Electronics hopes to improve its artificial intelligence capabilities. This is why the company acquired Oxford Semantic Technologies. With this acquisition, Samsung phone on-device AI apps are expected to undergo a revolutionary change that will provide users with more intelligent and personalised experiences. Samsung is demonstrating its dedication to spearheading the AI sector and providing state-of-the-art solutions to its worldwide user base by incorporating this new technology.
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