• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Apple acquires AI startup specializing in overlooking manufacturing components

Simon Osuji by Simon Osuji
March 15, 2024
in Creator Economy
0
Apple acquires AI startup specializing in overlooking manufacturing components
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Apple has added another AI startup to its acquisition list with Canada-based DarwinAI, which specializes in vision-based tech to observe components during manufacturing to improve efficiency, Bloomberg reported.

While Apple or DarwinAI haven’t announced this deal, several members of the startup’s team joined Apple’s machine learning teams in January, as per their LinkedIn profiles.

DarwinAI had raised over $15 million in funding across various rounds from investors including BDC Capital’s Deep Tech Venture Fund, Honeywell Ventures, Obvious Ventures, and Inovia Capital. BDC Capital confirms on its website that it has received an exit from DarwinAI, whereas Obvious Venture has updated its portfolio to reflect that the startup has been acquired.

BDC Capital and Obvious Venture didn’t comment on the story at the time of writing. Apple didn’t immediately respond to requests for comment.

As Bloomberg noted in its report, apart from helping with manufacturing efficiency, DarwinAI uses techniques to make AI models smaller and faster. This could be useful for on-device generative AI features Apple hopes to introduce in iOS 18 this year.

Apple has lagged in releasing gen-AI-powered features as compared to competitors like OpenAI, Google, Meta, and Microsoft. In February, Tim Cook said the company plans to introduce such features “later this year.”

“We continue to spend a tremendous amount of time and effort and we’re excited to share the details of our ongoing work in that space later this year,” Cook said during a quarterly earnings call with analysts.

Last year the Apple top exec had confirmed investment into gen-AI efforts. Apple’s job listings have suggested the company is exploring infusing AI in multiple internal and external areas including, Siri, developer tools, and customer support.

Source link

Related posts

TechCrunch Mobility: ‘Physical AI’ enters the hype machine

TechCrunch Mobility: Waymo makes its defense

February 22, 2026
The 9,000-pound monster I don’t want to give back

The 9,000-pound monster I don’t want to give back

February 22, 2026
Previous Post

Blink Mini 2 Review: Small Size, Big Value

Next Post

UK Says Jet Carrying Defense Minister Hit by Electronic Attack Near Russia

Next Post
UK Says Jet Carrying Defense Minister Hit by Electronic Attack Near Russia

UK Says Jet Carrying Defense Minister Hit by Electronic Attack Near Russia

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Fidelity says Bitcoin could potentially overtake gold, echoing Saylor’s absorption theory

Fidelity says Bitcoin could potentially overtake gold, echoing Saylor’s absorption theory

11 months ago
Ambassador Duncan Muhumuza Laki Elected as President of the International Seabed Authority (ISA) Council

Ambassador Duncan Muhumuza Laki Elected as President of the International Seabed Authority (ISA) Council

11 months ago
This Election, Your Financial Plans Should Focus on Taxes

This Election, Your Financial Plans Should Focus on Taxes

1 year ago
Stocks tread water with key US jobs data on radar: Markets wrap

Stocks tread water with key US jobs data on radar: Markets wrap

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.