Apple Acquires Artificial Intelligence-based Startup to Strengthening Their AI Capabilities

Artificial Intelligence News

Apple_Acquires_Artificial_Intelligence-based_Startup_to_Strengthening_Their_AI_Capabilities Apple Acquires Artificial Intelligence-based Startup to Strengthening Their AI CapabilitiesTech giant Apple has reportedly acquired a US-based startup, Silk Labs that works on Artificial Intelligence-based personal assistant technology for Smartphone and smart home devices. According to a report, the quietly-done acquisition for an undisclosed sum is intended to strengthening Apple’s AI capabilities towards smart home devices.

Silk Labs that headquarters in San Francisco Bay Area, Silicon Valley, and West Coast had about a dozen employees and hoisted approximately USD4 million in funding. The company was Co-Founded by former Mozilla CTO Andreas Gal who had also built the mobile platform Firefox OS and introduced only one product, an intelligent camera, and hub for smart home named Sense. The hub was stylish and well-designed and aimed to connect together smart home products including thermostats, cameras, and speakers.  Apple is working hard towards advancing its AI-enabled products, including HomePod smart speaker which is behind Amazon Alexa and Google Home.

Apple has taken an analogous approach in its development of Artificial Intelligence, distinguishing itself from rivals like Google, which accumulates substantial amounts of user data and processes it in the Cloud. Apple Executive Craig Federighi pointed out in 2016 that when it comes to performing an analysis of user data, the company is doing it on consumers’ devices, keeping personal data under their control. Though, Amazon and Google accounted for 70 percent share of the worldwide smart speaker shipments in the first quarter of 2018, while Apple selling 600,000 HomePods during this period. A report from market research organization Strategy Analytic indicated that global smart speaker shipments reached 9.2 million units in the first quarter of the year 2018.