Apple reportedly throws 0m at AI startup Turi

APPLE HAS REPORTEDLY coughed up $200m (around £155m) for Seattle-based artificial intelligence (AI) startup Turi. Geekwire and reports that sources had confirmed the deal, but Apple and Turi have not made any public statement about the acquisition. Turi’s website claims that its platform allows “developers and data people” to create real-time services and applications that use machine learning technology. “Turi toolkits simplify the development of machine learning models. Each incorporates automatic feature engineering, model selection and machine learning visualisations specific to the application. There is no faster way to build performant [sic] models,| the website added. Turi also claims that its services are in use in sectors including fraud detection, customer churn and sentiment analysis, probably on social media platforms. The move for an AI player of this nature would…


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