Apple acquires machine learning and artificial intelligence company Turi

Machine learning and artificial intelligence are undoubtedly the latest obsessions of all the major tech companies today. And many are expanding their efforts in the segment largely through acquisitions. In one such instance, the Cupertino giant Apple has reportedly acquired a Seattle-based machine learning startup called Turi. The financial details of the deal remain undisclosed but various reports suggest the deal worth $200 million.Apple, as usual, has played down the acquisition and gave its trademark statement it particularly reserves for similar reports,“Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.”Turi, formerly known as Dato and Graphlab, was founded by a University of Washington professor named Carlos Guestrin. The company originated from an open-source project under Carlos at Carnegie Mellon in…


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