Oxford Semantic Technologies is a UK startup, which specializes in knowledge graph technology, has agreed to be acquired by Samsung Electronics, the company stated today.
Hosted by Ian Horrocks, Boris Motik, and Bernardo Cuenca Grau, three professors at Oxford University, Oxford Semantic Technologies was founded in 2017 and boasts state-of-the-art technology for knowledge representation and semantic reasoning. The company presently partners with North American and European financial, manufacturing, and e-commerce organizations using their AI-centric engine, RDFox®.
Transforming AI Experiences: The Power of Knowledge Graph Technology
Knowledge graph technology processes data in a way that is comparable to how humans learn, remember, recall, and reason over knowledge. It does this by storing information as an interconnected network of related ideas. This technology facilitates quick information retrieval and recommendation while improving our understanding of how users interact with a product or service through data integration and connectivity. It is regarded as one of the essential technologies for implementing more complex and customized AI solutions as a result.
Because creating and using knowledge graphs from vast and dynamic real-world data requires intricate calculations, knowledge graph technology is difficult to apply. That being said, Oxford Semantic Technologies has created and effectively marketed knowledge graph technology, which both on-and off-device and in the cloud, optimizes data processing and permits sophisticated reasoning. That being said, Oxford Semantic Technologies has created and effectively marketed knowledge graph technology, which both on-and off-device and in the cloud, optimizes data processing and permits sophisticated reasoning.
Since 2018, Samsung Electronics and Oxford Semantic Technologies have worked together on a number of projects, including a Samsung Ventures investment. Samsung will obtain cutting-edge core engines for personal knowledge graphs with this acquisition. By combining data and context from many services and apps, these graphs create a customized user experience by getting to know users’ preferences and usage patterns.
When paired with on-device AI technology, like that found in Samsung’s Galaxy S24 series, personal knowledge graph technology enables highly customized user experiences while guaranteeing that private information stays safe on the gadget. It will work with every product that Samsung makes, including televisions and household appliances in addition to mobile phones.
According to Oxford Semantic Technologies CEO Peter Crocker, “We are delighted to be working with Samsung.” “We will give Samsung’s customers even more sophisticated personalization by combining our cutting-edge knowledge graph and reasoning technology with Samsung’s experience in data and user experience. Furthermore, working with Samsung to grow RDFox and becoming a part of a bigger team will enable us to offer even better support, services, and products to all of our clients.
“The acquisition of Oxford Semantic Technologies will further boost Samsung’s strong capabilities in knowledge engineering as global consumers realize their growing need for more personalized AI experiences,” stated Paul Kyungwhoon Cheun, Head of Samsung Research and CTO of Samsung Electronics. “This acquisition represents a significant advancement in our mission to provide customized AI experiences that are based on our renowned technological innovation.”