In order to bolster its technological arsenal in advance of a major push into generative AI in 2024, Apple Inc. has bought the Canadian artificial intelligence firm DarwinAI. DarwinAl supports clients in a variety of sectors and has created AI technology for visually checking components throughout the production process. However, one of its primary technologies is reducing the size and speed of artificial intelligence systems.
According to Communitech, a Canadian startup community, DarwinAI, situated in Waterloo, Ontario, has received over $15 million as of 2022. Among other venture capital companies, Honeywell Ventures and Inovia Capital invested in it. Communitech claims that the business has also collaborated with organizations like Intel Corp. and Lockheed Martin Corp. The quiet purchase comes before Apple makes a significant AI effort this year.
Conclusion
The business is using generative Al, the technology that powers ChatGPT and other ground-breaking technologies, to add functionality to its iOS 18 software. Apple is anticipated to make an announcement as soon as its global developers conference in June, as CEO Tim Cook has said that the firm would “break new ground” in Al this year. Apple has lagged behind its competitors in the generative AI space, even though it has bought more Al firms than most in the last ten years. When OpenAl’s ChatGPT was introduced in 2022, it was completely unprepared, and with additional capabilities, tech rivals like Google and Microsoft Corp. had taken the lead.