Apple Acquires Artificial Intelligence Startup DarwinAI

It was revealed that Apple acquired Canada-based artificial intelligence startup DarwinAI. While the deal price is unknown, it is clearly understandable why Apple bought this company.

There was a remarkable development regarding the US-based technology giant Apple. The company acquired Canadian artificial intelligence startup DarwinAI earlier this year. silent silently buy received appeared. Apple also hired all employees in this company. own artificial intelligence department transferred. Sources familiar with the matter did not say anything about the purchase price.

Even though we have not heard its name much, DarwinAI is one of the important names in the industry. Because this company uses developed artificial intelligence technologies rather than its artificial intelligence studies. reduce and speed up It is known for. Thus, artificial intelligence companies receiving service from DarwinAI were able to offer the products and services they designed to the end user much more easily.

It had a valuation of $15 million in 2022

According to the information obtained, DarwinAI will be available as of 2022. $15 million He managed to get investment. Investment firms such as Honeywell Ventures and Inovia Capital were among the main investors of DarwinAI. Meanwhile; Lockheed Martin and Intel It is also learned that companies such as have collaborated with DarwinAI in the past.

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Apple will offer artificial intelligence-focused technologies to iPhone owners with iOS 18 is already known. That’s exactly what this acquisition seems to be about. After all, this company’s area of ​​expertise is, as we have just mentioned, miniaturizing and accelerating artificial intelligence technologies. In this case, instead of clouds Will work on iPhones Artificial intelligence technologies will have passed through the hands of DarwinAI.

Source :
https://www.bloomberg.com/news/articles/2024-03-14/apple-aapl-buys-canadian-ai-startup-darwinai-as-part-of-race-to-add-features


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