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Apple acquires audio AI start-up Q.ai

eriinfo.com3 weeks ago03 mins

Apple has acquired Q.ai, an Israeli start-up working on artificial intelligence technology for audio. Apple did not disclose terms of the deal for Q.ai, which was backed by venture capital firms Matter Venture Partners, Kleiner Perkins, Spark Capital, Exor and GV, formerly known as Google Ventures. The deal valued the start-up at about US$1.6-billion, according…

Apple acquires Israeli AI startup Q.ai for billion

Apple acquires Israeli AI startup Q.ai for $2 billion

eriinfo.com3 weeks ago03 mins

Apple has significantly bolstered its artificial intelligence ambitions by acquiring the Israel-based startup Q.ai. While Apple has not officially disclosed the financial terms, reports from the Financial Times value the transaction at nearly $2 billion. If confirmed, this would represent Apple’s second-largest acquisition in history, eclipsed only by the $3 billion purchase of Beats in…