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Apple Acquires AI Dublin Start-Up Voysis

By John F. Heerdink, Jr.

As per reports, Apple (AAPL) has acquired Dublin, Ireland-based Voysis, an artificial intelligence startup developing a platform for digital voice assistants. Voysis has been working to improve digital assistants inside online shopping apps by improving search results and shopping phrases such as “I need a new Refrigerator”, “My budget is $2,000”. The company provides this AI to other companies to implement it into their own apps and voice assistants. Voysis informed that its system uses Wavenets, an Artificial Intelligence-based method for creating more human-like computer speech. The collaboration is expected to enhance Apple’s Siri’s understanding of the natural language and also offer the Voysis platform to other developers that integrate with the Apple digital assistant. Apple has been the top buyer of AI startups in recent years including start-ups like Turi, Xnor.ai, and Laserlike.

Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it. To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Apple Acquires AI Startup to Better Understand Natural Language in Bloomberg)


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