Apple: Tech giant acquires two companies in 4 days

Apple has gone a shopping spree as it steps up and joins other tech giants in the industry’s latest race: artificial intelligence. According to a report by Bloomberg, Apple has bought Perceptio, a company that makes image-recognition technology for smartphones, a deal which also happens to be Apple’s second AI deal in just four days. play Apple Watches (Getty Images)   Business Insider reports that Perceptio was working on ‘deep learning’ technology for smartphones, which allows phones to independently identify images without relying on external data libraries or cloud-based platform. Apple is very big on not storing data offsite so it only makes sense that it would acquire a company very deep on deep learning. Deep learning is a specialized aspect of artificial intelligence that’s all the rage right now…

Link to Full Article: Apple: Tech giant acquires two companies in 4 days

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