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Apple Buys AI and Machine Learning Startup Turi

Apple Buys AI and Machine Learning Startup Turi 21191t

By Shekhar Thakran | Updated: 8 August 2016 11:24 IST

Highlights

Apple has reportedly acquired Turin for $200 million
Earlier, Turin was known as Dato and GraphLab
Apple had acquired AI firms Perceptio and VocalIQ last year

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Apple Inc. seems to be taking strides towards the field of artificial intelligence just like other tech giants from the industry as the Cupertino-based company has reportedly acquired AI firm Turi, which is a machine learning platform for developers and data scientists.

The iPhone manufacturer has bought the Seattle-based startup for a consideration of around $200 million (roughly Rs. 1,335 crores), according to a report by GeekWire. On being ed about the deal by the website, Apple gave its regular boilerplate statement when making a small acquisition, "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans." 4c5z5b

GeekWire says that it has confirmed from several sources close to the matter that the deal has indeed taken place. Turi's product offering includes Turi Machine Learning Platform, GraphLab Create, Turi Distributed, and Turi Predictive Services.

All of these products are largely designed to improve data understanding and can be deployed by both large and small scale organisations.

Turin was earlier known as Dato and before that, it was called GraphLab.

Last year in October, the Cupertino-based company Siri, catch up with competitors in the field of chat bots, or it might also have some other plans regarding the technology altogether. In any of these cases, the company seems to have definitely become more active post the decline in its iPhone sales.

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