Sunday, January 19, 2020

Apple:On what did they spent $200 million recently

Apple is a company looking to grow permanently.He has a lot of money to invest and this is evident.There's nothing for nothing.

Tim Cook's company seems to be in a continuous run after innovation and development.Recognized especially for iPhone models,Apple has diversified its services and products in recent years.That's how he got to the video streaming area,where he is looking to fight other giants like Netflix and Disney.

Each month,the US company seeks to make one to two purchases.It is generally looked at for startups that would help it grow,but this is still an aspect of this strategy.He seeks to swallow his potential rivals before they can endanger his position.

The latest acquisition cost Apple no less than $ 200 million.This is an American startup,which develops a different type of artificial intelligence.This system has attracted the attention of Apple.

On what did Apple spent $200 million:
Tim Cook has decided to buy Xnor.ai,an American startup that develops an innovative artificial intelligence system.In other words,it runs algorithms that are not cloud-based,but locally sourced.It's an image recognition software developed by the American startup that can run even on devices with less processing power.

What is Apple really doing?Improve its own technology,which it uses not only on iPhone,but also on other devices.This artificial intelligence system can be used on small gadgets that do not have high processing power,such as smart watches or smartphones.

As Ali Farhadi argues,one of the founders of Xnor.ai,the technology developed by his company allows other companies to run artificial intelligence algorithms "on any device, from a device without $2 batteries to the cloud."

Data shows that Apple has a lot of money to spend and made a lot of purchases in 2019.Last year,the company bought most artificial intelligence startups,more than 20 in number.Which says a lot about the direction the Tim Cook-led giant is heading.

No comments:

Post a Comment

Clearview AI:a company that collected billions of photos from the internet,including Facebook.On what purpose?

A company that develops an artificial intelligence-based facial recognition tool,which sells to police and other government institutions,...