Apple acquired a startup using AI to compress videos
TechCrunch
MARCH 27, 2023
Apple has quietly acquired a Mountain View-based startup, WaveOne , that was developing AI algorithms for compressing video. Apple wouldn’t confirm the sale when asked for comment. But WaveOne’s website was shut down around January, and several former employees , including one of WaveOne’s co-founders , now work within Apple’s various machine learning groups.
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