New Delhi, Nov. 4 -- Intel has yet again acquired another startup to upgrade its automation capabilities in technologies like machine learning and artificial intelligence. In its latest move, the chipmaker has acquired Cnvrg.io for an undisclosed amount. Intel confirmed the acquisition to TechCrunch stating, "We can confirm that we have acquired Cnvrg," a spokesperson said. "Cnvrg will be an independent Intel company and will continue to serve its existing and future customers.".

Just before last week, it had made another acquisition of SigOpt to boost its AI and ML business. SigOpt is the developer of an optimization platform that runs machine learning modelling and simulations.

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