Apple Ups Its AI Game, Acquires Machine Learning Start-Up Turi For 0 Million

Apple is obviously trying to up its AI game to compete with the likes of Google, Microsoft, Amazon and Facebook. The company just acquired Turi, a machine learning platform startup, for $200 million USD, which should help bring in some much needed IP. Turi began as an open-source project at Carnegie Mellon University in 2009, under the watchful eye of Professor Carlos Gusterin. Gusterin relocated to the University of Washington where he received an endowed professorship in machine learning from Amazon founder Jeff Bezos. He eventually turned the open-source project into an independent business and dubbed it GraphLab. GraphLab raised $6.75 million in 2009 and $18.5 million in 2015 from Madrona Venture Group, a Seattle-based venture firm, and NEA, the primary backer of Tableau Software. The company went through several rebrandings…


Link to Full Article: Apple Ups Its AI Game, Acquires Machine Learning Start-Up Turi For 0 Million