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Apple Just Made Its Second-Biggest Acquisition Ever After Beats
['Joe Rossignol', 'Juli Clover']
MacRumors: Mac News and Rumors - All Stories
Apple today confirmed to Reuters that it has acquired Q.ai, an Israeli startup that is working on artificial intelligence technology for audio.
Apple paid close to $2 billion for Q.ai, according to sources cited by the Financial Times.
That would make this Apple's second-biggest acquisition ever, after it paid $3 billion for the popular headphone and audio brand Beats in 2014.
Q.ai CEO Aviad Maizels previously founded another Israeli startup, PrimeSense, which was also acquired by Apple in 2013.
Apple used PrimeSense's technology to develop Face ID, which debuted on the iPhone X in 2017.