Source: Global Semiconductor Watch Original author: Viki
On July 18, Samsung Electronics announced that it had signed an agreement to acquire British startup Oxford Semantic.
Samsung said that through the acquisition, the company will gain access to an advanced core engine for the personal knowledge graph. Personal Knowledge Graph technology, combined with AI on devices such as the Samsung Galaxy S24 series, facilitates a hyper-personalized user experience while keeping sensitive personal data safe on the device. It will work across all Samsung products, extending from mobile devices to TVS and home appliances.
Oxford Semantic Technologies is an AI and knowledge graph technology startup at the University of Oxford, founded in 2017 by three Oxford professors, Ian Horrocks, Boris Motik and Bernardo Cuenca Grau. Advanced technical capabilities in knowledge representation and semantic reasoning.
The Oxford Semantic founding team has been working on technology at the University of Oxford since 2011, and was spun off from the University in 2019. Since 2018, Samsung Electronics has been working with Oxford Semantic Technologies on various projects, including an investment in Samsung Ventures.
Knowledge graph is a database technology that stores and organizes data as an interconnected network of related ideas and entities, just as humans do, enabling rapid retrieval of information and recommendations. The technology is challenging to implement because of the complex calculations required to transform dynamic, extensive real-world data into a knowledge graph that can be utilized.
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. The company currently works with organizations in Europe and North America with its AI-centric engine, RDFox®, in the areas of finance, manufacturing, and e-commerce. RDFox is known as the world's fastest knowledge graph and semantic inference engine.