Apple confirms that it purchased AI firm Lattice Data for $200 million; purchase might improve Siri
Apple has reportedly purchased Lattice Data for $200 million
Apple has reportedly purchased AI firm Lattice Data. A report published Saturday suggests that Apple used $200 million of its massive cash holdings to make the purchase, which includes 20 engineers that will be moving to Cupertino. The company helps turn so-called dark data (like text and images) into structured data that is more usable. In other words, think of all the data out there as information that is unlabeled and has the potential to be used if it were simply put away and filed where it could be easy to find. That is what Lattice does.
The purchase of Lattice Data should help enhance the capabilities of Siri as AI personal assistants are asked to answer more complex questions. These personal virtual assistants, which include Google Assistant (Google), Cortana (Microsoft), Siri (Apple) and Alexa (Amazon), are spreading out from smartphones and tablets and are finding a place on smart speakers like the Amazon Echo, Google Home, the upcoming Harmon Karmon Invoke and Apple's Siri-powered speaker which could be unveiled next month at WWDC. With this battle going on, Apple is hoping that the purchase of Lattice gives Siri an advantage over its rivals.
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