Amsterdam startup Scyfer has been focusing on cutting-edge machine learning techniques since 2013. The startup has already built AI solutions for companies worldwide and in a number of different industries such as manufacturing, healthcare and finance. This week, Scyfer, a University of Amsterdam spin-off, announced it has been acquired by Qualcomm for an undisclosed sum.
Intelligent and connected devices
Qualcomm has been one of the biggest pioneers in the development of 3G and 4G. They are currently leading the way to 5G and what they call “a new era of intelligent, connected devices”. This is where the acquisition of Scyfer supposedly will come into play.