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Apple buys AI startup Turi for USD 200 mln - report

2016-08-08 09:14:00| Telecompaper Headlines

(Telecompaper) Apple has bought machine learning and artificial intelligence startup Turi, formerly known as Dato and GraphLab and founded by Carlos Guestrin, GeekWire reported. No financial details were given but sources with knowledge of the deal put the purchase price at around USD 200 million. The acquisition reflects a larger push by Apple into artificial intelligence and machine learning. It also promises to further increase its presence in the Seattle region. Both Apple and Turi declined to comment.

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