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Apple acquires self learning AI video start-up
October 28, 2020
Apple received a startup specialising in superior synthetic intelligence and laptop vision generation that may assist the iPhone maker improve its own AI throughout some of apps and offerings.
The Cupertino, California-primarily based generation massive acquired Barcelona-based Vilynx Inc. Earlier this 12 months, in step with human beings familiar with the deal. Vilynx advanced era that uses AI to examine a video’s visual, audio and text content to recognize what the video suggests. It used that generation to create tags for the video, making it searchable.
The deal was completed for about $50 million, stated the folks who asked now not to be named due to the fact they weren’t authorized to talk about the transaction.
“Apple buys smaller technology organizations from time to time and we typically do no longer talk our motive or plans,” the corporation said in a statement.
Vilynx implemented its technology to software program that agencies used for search and advice engines for video and other media. On its now defunct internet site, the startup touted the ability of its gadget to no longer best recognize gadgets, however recognize them.