Artificial Intelligence has stirred the digital landscape with intriguing capabilities related to human-like resources/output to have enticed several technology partisans, including Apple the iPhone maker. to develop an ideal AI system for its products. The smartphone maker has reportedly acquired WaveOne to alter its penetration into the AI landscape which paces its tech giant status.
Pared with Apple’s status, WaveOne remains a tech startup that professionally develops AI algorithms optimal for compressing media files — especially video content. This denotes that the start-up AI developer will develop an ideal software that alters the iMovie system on every Apple device.
Apple’s approach to penetrating the Ai ecosystem via WaveOne’s expertise seems quite intriguing as they intend to develop something out of the ordinary. For context, other AI developers have reportedly created different shades of AI chatbots to generate text-like content that replicates the typical human intellect, while Apple’s AI approach will develop a media compressor.
The iPhone maker is yet to affirm the acquisition deal – Apple’s confirmation about the acquisition will reveal WaveOne’s net capitalization and the deal’s valuation. Although the start-up AI developer chief executive, Bob Stankosh shared a post on his LinkedIn social media that raised my brows to notice Apple’s approach to penetrating the AI ecosystem which rivals the likes of Microsoft, Google, and Meta.
Aside from AI development, WaveOne was established to leverage machine learning as a tool that alters artificial intelligence which has a success story attached to its start-up status. WaveOne’s technological innovation has reportedly advanced deep learning for tailored integrated contextual solutions.
Compressing media files can be tricky in terms of retaining the media quality — this is a significant update for Apple to lead users of its products into the Gen-Z innovation. WaveOne’s AI compressor and decompressor software poses as an ideal built-in system in the next line of smart gadgets Apple has in production.