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Apple (AAPL) acquires AI audio technology company Q.ai for an alleged $2 billion
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Shacknews
Apple (AAPL) acquires AI audio technology company Q.ai for an alleged $2 billion Apple's acquisition of Q.ai would mark the second highest valued acquisition the former has ever made outside of the Beats audio brand.
This week, several sources confirmed that Apple has moved to acquire Israeli artificial intelligence audio technology company Q.ai.
The details of the deal between Apple and Q.ai were reported via Financial Times, which first shared the $2 billion figure also independently confirmed by Reuters.
Apple acquired Q.ai for the technology it was developing in artificially intelligent responses to facial movement, which may be utilized in Siri for non-verbal communication.
Source: AppleIt’s worth noting that this is the second company Apple has acquired that was founded by Maizels.