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Apple's Smartphone Market Share Increase by End of 2025?
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Apple Acquires French AI Startup Datakalab to Boost On-Device Processing
Apr 22, 2024, 06:45 PM
Apple has acquired the French startup Datakalab, known for its expertise in artificial intelligence and computer vision technology. This acquisition is part of Apple's strategy to enhance its AI capabilities, particularly in on-device processing. Datakalab specializes in efficient AI models, including on-device computer vision solutions and reducing the size of Large Language Modules for the iPhone. The terms of the deal have not been disclosed, but it is speculated to be valued at under $20 million.
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