Apple has acquired an Israel-based AI startup called Q.ai, according to a new report from the Financial Times. The report says the deal is valued at close to $2 billion, making it one of Apple’s largest acquisitions ever. Apple’s largest acquisition ever was Beats for $3 billion in 2014. Based on publicly-available information, this acquisition of Q.ai is Apple’s second largest acquisition ever. There are countless ways Apple can incorporate Q.ai’s technology into its products.