Apple Inc. acquired Artificial
Intelligence startup Turi Inc. for about $200 Million in the latest deal by the
iPhone maker to accumulate advanced computing capabilities for its products and
services.
Turi helps developers create and
manage software and services that use a form of Artificial Intelligence (AI)
called machine learning. It also has systems that let companies to build
recommendation engines, detect fraud, analyze customer usage patterns, and better
target potential users. Apple could use this to more rapidly integrate the technology
with future products.
Formerly known as Dato, Turi raised
more than $25 Million from venture capital investors including New Enterprise
Associates and Madrona Venture Group, according to CrunchBase. Apple has
purchased multiple firms over the past couple of years that specializes in Artificial
Intelligence. The company has also begun to integrate these technologies into
products such as its iPhone software and Siri.
In January, Apple acquired
Emotient, a startup that uses AI to recognize and act upon facial expressions.
Last year, Apple acquired a pair of voice centric AI startups, VocalIQ and
Perceptio, to bolster Siri. VocalIQ specialized in using machine learning to
allow voice assistants to engage in more realistic conversation. Perceptio
focused on helping AI systems run on devices while sharing limited amounts of
personal user data.
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