Apple is acquiring Seattle machine learning startup Turi

According to a Recode report published on Friday, tech giant Apple is acquiring Seattle-based machine learning startup Turi.  Though the financial terms of Apple’s acquisition of Turi have not been officially disclosed, it is being speculated that Apple is paying nearly $200 million for acquiring the startup. Turi – which was previously called GraphLab and Dato – is chiefly known for marketing software which can be used by companies for creating recommendation engines, sentiment analysis, fraud detection systems, clickthrough predictors, and churn predictors, among others. Some of Turi’s key products include GraphLab Create, Turi Machine Learning Platform, Turi Distributed and Turi Predictive Services. The products marketed by Turi essentially facilitate developers in creating machine learning and artificial intelligence (AI) which have the capability to scale automatically in accordance with the…

Link to Full Article: Apple is acquiring Seattle machine learning startup Turi

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