Friday, May 11, 2018

Google rebrands Google Research as Google AI and acquires Velostrata

Google, a business subsidiary of Alphabet Inc has made a bold move early this week by re-branding its entire Google Research division as Google AI. Industry analysts feel that the move specifies Google’s future vision of aggressively pursuing the developments in the ever-evolving field of Artificial Intelligence.

In the next few years, Google has announced that it will implement machine learning into everything it does or offers in near future.

Google AI is said to encompass technologies such as computer vision, deep learning, and speech recognition into all its web services and Android OS offerings in next few years. In fact, its current homepage of Google AI is offering timely updates on a variety of subject matters, stories of AI in action and open source material and tools that others can use.

Even the old Google Research site is redirecting to the new Google AI site and the same is reflecting on the Google Research twitter account and the Google + channels.

In another news which is related to Google Acquisition, the news is out that the American Multinational Technology company is intending to buy Cloud Migration Startup ‘Velostrata’.

Velostrata offers software that makes it easier for the organization to move their on-premise applications to cloud platforms. This includes virtual machine workloads like large databases, enterprise applications, DevOps, and large batch processing to and from the cloud.

What surprised the industry is that Velostrata’s CEO Ben Shaul earlier founded a company named Wanowa in 2012 which he chose to sell to VMware later. Prior to that in the year 2004, his then company Actona Technologies was bought by Cisco.

So, there is a notion prevailing in the tech world that whatever Ben Shaul establishes in near future will be acquired by a tech giant for a huge profit in just four or five years of its establishment.

Financial details of Google buying Velostrata will be out shortly.

The post Google rebrands Google Research as Google AI and acquires Velostrata appeared first on Cybersecurity Insiders.


May 11, 2018 at 08:53PM

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