Why Did Apple Acquire AI Compressing Video Startup WaveOne?
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Alaina
- . March 30, 2023
- . Update: March 30, 2023 10:27 pm
Apple has reportedly acquired an AI startup called WaveOne. The terms of the deal have not been disclosed, but it is believed that the acquisition will help Apple improve its machine learning capabilities and enhance its Siri virtual assistant.
WaveOne was founded in 2016 by a group of researchers from MIT, Stanford, and the University of California, Berkeley.
The company specializes in developing deep learning algorithms for natural language processing and computer vision.
Its technology can be used for a variety of applications, including voice recognition, image recognition, and autonomous driving.
Apple has been investing heavily in AI in recent years, as it seeks to keep up with rivals such as Google and Amazon.
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The company has made a number of acquisitions in the space, including Turi, Perceptio, and VocalIQ. It has also hired a number of prominent AI researchers, such as Ruslan Salakhutdinov and John Giannandrea.
The acquisition of WaveOne is expected to help Apple improve its Siri virtual assistant, which has been criticized for lagging behind competitors like Google Assistant and Amazon’s Alexa.
By incorporating WaveOne’s deep learning algorithms, Apple could potentially make Siri more intelligent and responsive, and better able to understand and respond to natural language queries.
Apple has not commented on the reported acquisition, but sources say that WaveOne’s team has already joined Apple’s AI group.
The acquisition is just the latest in a string of recent deals by Apple, which has been using its massive cash reserves to acquire a variety of startups and technologies in recent years.
Overall, the acquisition of WaveOne is a significant move for Apple as it continues to invest in AI and enhance its virtual assistant capabilities.
With WaveOne’s technology in its arsenal, Apple may be able to better compete with its rivals in the AI space and continue to innovate in this fast-growing field.
