Apple acquires AI startup Turi for 0m

News: The move is part of Apple’s efforts to compete with Google, Facebook and Amazon in the AI space. Apple has reportedly acquired Seattle-based artificial intelligence (AI) and machine learning startup Turi for about $200m. Turi toolkits simplify development of machine learning models. Each incorporates automatic feature engineering, model selection, and machine learning visualisations specific to the application. The company’s products, which include the Turi Machine Learning Platform, GraphLab Create, Turi Predictive Services and Turi Distributed, help large and small organisations make better sense of data. Turi, which has so far raised over $25m in funding, was formerly known as Dato and GraphLab. It started as an open-source project at Carnegie Mellon in 2009. Apple did not confirm the deal, which was first reported by GeekWire. The iPhone maker has however provided…

Link to Full Article: Apple acquires AI startup Turi for 0m

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