Apple acquires startup utilizing AI to compress videos

  • Apple has acquired a Mountain View-based startup, WaveOne, which was developing AI algorithms for compressing video.
  • Apple has not confirmed the sale when asked for comment.
  • WaveOne’s website was shut down around January.
  • Several former WaveOne employees, including one of the co-founders, are now working in Apple’s various machine learning groups.
  • This was confirmed in a LinkedIn post.


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