Apple Buys Tuplejump to Expand Machine-Learning Capabilities

Apple Inc. has acquired Indian machine-learning startup Tuplejump Software Pvt Ltd as it seeks to expand its expertise in artificial intelligence. The iPhone maker bought the Hyderabad, India-based company in June, according to a person familiar with the deal who asked not to be identified. Tuplejump’s software specializes in processing and analyzing big sets of data quickly. The deal was reported earlier by TechCrunch. The purchase price wasn’t disclosed. “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,” Apple spokesman Colin Johnson said. Artificial intelligence has become a key investment field for tech giants as Google, Facebook Inc. and Inc. compete with Apple to develop virtual assistants. The Tuplejump deal is Apple’s third acquisition in the industry this year,…

Link to Full Article: Apple Buys Tuplejump to Expand Machine-Learning Capabilities

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