Apple Acquired AI-Powered Video Compression Startup WaveOne: What does it means?

Author: Udita Singhal

Date: 29.03.23

Apple quietly acquired WaveOne, a California-based startup that develops AI algorithms for video compression.

But, what does it mean?

An artificial intelligence-powered video codec could help Apple deliver more efficient streaming on services like its Apple TV+

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

The startup supports cloud-based AI-native video solutions that leverage machine learning and deep neural network (DNN) technology