Amazon To Acquire Perceive For $80M

Platforms
Written By Rick Watson

Perceive specializes in technology for serving large artificial intelligence models on edge devices, hardware that often operates with limited power, processing, connectivity, and storage on the boundaries of networks.

Amazon will acquire chip maker and AI model compression company Perceive for $80M in cash from Xperi via its Devices & Services division. Perceive enables Amazon to provide solutions for large artificial intelligence models for edge devices.

GeekWire: Amazon to acquire Perceive for $80M from Xperi, expanding its AI technology for edge devices

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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