Apple Strengthens AI Capabilities with Acquisition of DarwinAI

Thursday, 14 March 2024, 20:50
Apple (AAPL) has recently acquired Canadian artificial intelligence startup, DarwinAI, as part of its strategic shift towards integrating AI technologies into its core products. This move comes following the company's decision to reallocate resources from its rumored self-driving car project towards enhancing its smartphone offerings with advanced AI features. The acquisition signifies Apple's commitment to staying competitive in the evolving tech landscape, further solidifying its position as a leading player in the AI arms race.
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Apple Strengthens AI Capabilities with Acquisition of DarwinAI

AI arms race: Apple acquires Canadian startup DarwinAI

According to a Bloomberg report, Apple (AAPL) has acquired DarwinAI, a Canadian artificial intelligence startup. This acquisition comes as Apple has reportedly scrapped its plans for an Apple-branded car, instead investing more resources into integrating AI capabilities into its smartphone offerings. Yahoo Finance's Julie Hyman and Josh Lipton break down the details.

Editor's note: This article was written by Angel Smith

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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