Apple buys AI start-up Turi in 0m deal

Apple has reportedly bought artificial intelligence start-up Turi in a $200m deal in order to acquire the company’s machine learning platform for developers and data scientists.  However, while the deal has been widely reported, Apple and Turi have not made any public statement about the acquisition. Turi’s website claims that its platform enables “developers and data people” to create real-time services and applications that use machine learning technology. “Turi toolkits simplify the development of machine learning models. Each incorporates automatic feature engineering, model selection and machine learning visualisations specific to the application. There is no faster way to build performant [sic] models,” the website added. Turi also claims that its services are already in use in a number of sectors, including fraud detection, customer churn and sentiment analysis. Apple’s move…

Link to Full Article: Apple buys AI start-up Turi in 0m deal

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