YOU ARE AT:AI-Machine-LearningSamsung acquires UK-based Oxford Semantic Technologies

Samsung acquires UK-based Oxford Semantic Technologies

Samsung said that knowledge graph technology is expected to be one of the key technologies for realizing more sophisticated and personalized AI solutions in the future

Korean vendor Samsung Electronics has signed an agreement to acquire Oxford Semantic Technologies, a U.K. startup specializing in knowledge graph technology.

Samsung noted that knowledge graph technology stores information as an interconnected web of related ideas and process data in a manner similar to how humans acquire, remember, recall and reason over knowledge. By integrating and connecting data, this technology enhances the understanding of how people use a product or service and enables rapid information retrieval and recommendation, Samsung said.

Due to this, knowledge graph technology is expected to be one of the key technologies for realizing more sophisticated and personalized AI solutions in the future.

However, the Korean company highlighted that knowledge graph technology is challenging to implement due to the complex computations used in the process of converting dynamic and extensive real-world data into knowledge graphs and utilizing them. Oxford Semantic Technologies has developed and successfully commercialized knowledge graph technology that optimizes data processing and enables advanced reasoning, in the cloud and on-device, Samsung said.

Founded in 2017 by three Oxford University professors, Oxford Semantic Technologies specializes in the areas of knowledge representation and semantic reasoning. With its AI-centric engine, RDFox, the company currently collaborates with organizations across Europe and North America involved in the finance, manufacturing and e-commerce sectors.

Samsung Electronics has been collaborating with Oxford Semantic Technologies on various projects since 2018, including investment of Samsung Ventures. With this acquisition, Samsung said it will secure advanced core engines for personal knowledge graphs, which integrate information and context dispersed across various services and apps, crafting a user experience that is tailor-made by becoming increasingly familiar with users’ preferences and usage.

Combined with on-device AI technology, such as that on Samsung’s Galaxy S24 series, personal knowledge graph technology facilitates hyper-personalized user experiences while ensuring sensitive personal data remains secure on the device. This technology will be applicable across all of Samsung’s products, including mobile devices, televisions and home appliances.

“We are delighted to be working with Samsung,” said Peter Crocker, CEO of Oxford Semantic Technologies. “By integrating Samsung’s expertise in user experience and data with our advanced knowledge graph and reasoning technology, we will provide Samsung’s customers with even more sophisticated personalization. In addition, developing RDFox with Samsung, and being part of the larger group, will provide all of our clients with an even better product, service and support.”

“As global consumers realize their growing need for more personalized AI experiences, the acquisition of Oxford Semantic Technologies will further boost Samsung’s strong capabilities in knowledge engineering,” said Paul Kyungwhoon Cheun, Head of Samsung Research and CTO of Samsung Electronics.

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Juan Pedro Tomás
Juan Pedro Tomás
Juan Pedro covers Global Carriers and Global Enterprise IoT. Prior to RCR, Juan Pedro worked for Business News Americas, covering telecoms and IT news in the Latin American markets. He also worked for Telecompaper as their Regional Editor for Latin America and Asia/Pacific. Juan Pedro has also contributed to Latin Trade magazine as the publication's correspondent in Argentina and with political risk consultancy firm Exclusive Analysis, writing reports and providing political and economic information from certain Latin American markets. He has a degree in International Relations and a master in Journalism and is married with two kids.