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Monday, August 08, 2016

Apple Expands AI with Acquisition

More machine learning acquisition for AI.  I have not examined Turi.    More on them here.

Apple expands its AI lineup by acquiring machine learning startup Turi  by Duncan Riley in SiliconAngle.  

Apple, Inc. has made a serious play in the artificial intelligence (AI) space by acquiring machine learning startup Turi, Inc., a company previously known as both Dato and GraphLab.
The acquisition price is believed to be $200 million according to Geekwire who broke the story.

Founded in 2013, Turi offers a machine learning platform that creates Big Data analytics for its users based on an open source project initially intended for applying large-scale machine learning to graph analysis.

The product allows developers to build apps with both machine learning and artificial intelligence capabilities allowing enterprises both small and large make better sense of data; use cases given by the company include recommendation engines, fraud detection, predicting customer churn, sentiment analysis, and customer segmentation. ... " 

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