Apple acquired a startup using AI to compress videos

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. In a LinkedIn post […] Apple acquired a startup using AI to compress videos by Kyle Wiggers originally published on TechCrunch...