The purpose of the new entity, said the firm in a statement, is to focus on R&D to “launch and scale attractive product concepts in artificial intelligence software and related hardware technologies.”
The company notes that the Valkyrie Labs team has already successfully produced the Mark I server that was designed to train and test machine learning solutions.
Chuck Scullion is joining Valkyrie Labs as president and CEO. Scullion most recently served as CEO of 3D specialist firm Zebra Imaging in Austin and formerly worked in the role of partner at Boston Consulting Group.
“Valkyrie is driven to change how the world utilizes artificial intelligence,” said Charlie Burgoyne, founder and CEO of Valkyrie Intelligence. “We’re scientists that are innovators and thought-leaders first, yet remain adept and results-driven consultants.”