Apple said to buy artificial intelligence startup Turi for about 0 million

San Francisco: Apple Inc. acquired artificial intelligence startup Turi Inc. for about $200 million, according to people familiar with the situation, 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, according to the Seattle-based startup’s website. Apple could use this to more rapidly integrate the technology with future products. Apple’s move Friday is part of a broader battle among Google, Facebook Inc. and Amazon.com Inc. to gain an edge in AI, particularly in the field known as pervasive computing,…


Link to Full Article: Apple said to buy artificial intelligence startup Turi for about 0 million

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