Bloomberg Law
Oct. 27, 2020, 7:22 PM

Apple Buys Self-Learning AI Video Startup to Improve Apps

Mark Gurman
Mark Gurman
Bloomberg News

Apple Inc. acquired a startup specializing in advanced artificial intelligence and computer vision technology that may help the iPhone maker improve its own AI across a number of apps and services.

The Cupertino, California-based technology giant acquired Barcelona-based Vilynx Inc. earlier this year, according to people familiar with the deal. Vilynx developed technology that uses AI to analyze a video’s visual, audio and text content to understand what the video shows. It used that technology to create tags for the video, making it searchable.

The deal was completed for about $50 million, said the people who asked not to be ...