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Samsung Electronics announces acquisition of British artificial intelligence startup

2024-07-18

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IT Home reported on July 18 that Samsung issued a press release today (July 18), announcing the acquisition of British knowledge graph startup Oxford Semantic Technologies to further enhance local AI capabilities and provide users with a more personalized AI experience.

IT Home checked public information and found that Oxford Semantic Technologies was founded in 2017 by three Oxford University professors: Ian Horrocks, Boris Motik and Bernardo Cuenca Grau.

The company’s current flagship product is the AI ​​engine RDFox, and it has already partnered with organizations in the financial, manufacturing, and e-commerce sectors in Europe and North America.

The highlight of this AI engine is that it uses knowledge graph technology to store information as an interconnected network of related ideas.The data is processed in a manner similar to the way humans acquire, memorize, recall, and reason about knowledge.

By integrating and connecting data, the technology can enhance the understanding of how people use products or services and enable rapid information retrieval and recommendations. As such, it is considered one of the key technologies for achieving more complex and personalized AI solutions.

However, Oxford Semantic Technologies has developed and successfully commercialized knowledge graph technology that optimizes data processing and enables advanced reasoning in the cloud and on devices.