Apple acquires AI firm with technology that could be ready for use now


With Apple expected to announced a new video streaming service at its press event on March 25th, there have been rumors about the company making a big splash content-wise by announcing a major acquisition. While Apple has been linked to such high profile names like Disney and Netflix, such an acquisition would cost billions and billions of dollars. Apple’s MO (other than the $3 billion it spent to buy Beats Audio) is to make smaller acquisitions allowing it to pick up technology that it plans to include on its devices very soon. For example, Apple purchased AuthenTec in 2012 for $365 million, …

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