Jan 24, 2020

Apple buys, an edge AI startup spin-out from Paul Allen’s research lab, for $200 million

Posted by in categories: mobile phones, robotics/AI

Tech giant Apple has acquired, an artificial intelligence startup that came from Microsoft co-founder Paul Allen’s research lab. The acquisition suggests that Apple may be planning to’s machine learning tools int iPhones and iPads in the future, with processing on-device instead of in the cloud.

GeekWire first broke the news earlier Wednesday, citing sources with knowledge of the deal. According to GeekWire, the deal is reportedly worth up about $200 million. Apple paid the same $200 million for another Seattle-based AI startup, Turi, in 2016.

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