Artificial Intelligence startup Turi acquired by Apple

0
2339

Apple is upping the ante on artificial intelligence (AI). The smartphone giant has reportedly acquired AI startup Turi for $200 million. According to a report, “The acquisition reflects a larger push by Apple into artificial intelligence and machine learning. It also promises to further increase the Cupertino, California-based company’s presence in the Seattle region, where Apple has been building an engineering outpost for the past two years.”

In a statement Apple told, “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.”

Incidentally, this is Apple’s standard reply to queries regarding acquisitions made by the company.

Seattle-based Turi offers machine learning tools. “Turi toolkits simplify development of machine learning models. Each incorporates automatic feature engineering, model selection, and machine learning visualizations specific to the application,” says the company on its website.The company uses artificial intelligence to power Siri.

Over the last few months, there appears to be a race among IT giants to grab AI startups. Google, Microsoft, Twitter, Facebook and many other IT companies have increased their focus on artificial intelligence. The companies are said to be making big investments in the technology.

Checkout Latest news at iitvoir.com

From ITvoir News Desk

LEAVE A REPLY