Apple Acquired AI-Powered Video Compression Startup WaveOne: What does it means?
Author: Udita Singhal
Date: 29.03.23
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Apple quietly acquired WaveOne, a California-based startup that develops AI algorithms for video compression.
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But, what does it mean?
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An artificial intelligence-powered video codec could help Apple deliver more efficient streaming on services like its Apple TV+
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WaveOne utilises the latest machine learning and deep learning advances to bring unique and disruptive solutions and services to digital media, social and enterprise platforms
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The startup supports cloud-based AI-native video solutions that leverage machine learning and deep neural network (DNN) technology
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Are you excited to see how Apple will leverage this acquisition?
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