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Apple Adds Another AI-Related Acquisition With Ontario’s Inductiv!

By John F. Heerdink, Jr.

As per reports, Apple Inc. (AAPL) has bought machine-learning Ontario-based startup Inductiv Inc. adding to the list of dozen AI-related acquisitions over the last few years. The team of Inductiv is believed to be working on Siri, machine learning, and data science.

Apple confirmed the deal and stated, “buys smaller technology companies from time to time and we generally do not discuss our purpose or plans.”

Inductiv develops technology that uses artificial intelligence to automate the process of identifying and correcting errors in data. The work classified under data science is an important element of Apple’s broader machine-learning strategy.

Apple has purchased several other AI and data companies in recent years like Xnor.ai, Tuplejump, Laserlike, Turi, and Perceptio including Voysis to boost speech recognition in Siri.

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 Buys Machine-Learning Startup to Improve Data Used in Siri in Bloomberg)


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