Apple Has Acquired Dark Data Company Lattice Data For $200mn

Currently, all leading global technology companies are gearing up to create a solid base in Artificial Intelligence and Machine Learning, because of their future scope.

Artificial Intelligence and Machine Learning are becoming key to envisage innovative future products. Companies like Facebook, Google, Apple and Microsoft, are all competing to build strong Artificial Intelligence Teams.

We are also aware of the Twitter acquiring an artificial intelligence startup Magic Pony Technology for its research and development.

Apple, the American multinational company and the world leader for its innovation has also picked up Lattice Data, a company which mainly converts dark data into structured data at machine caliber scale.

Apple finalized the acquisition deal at an amount of approximately $200 million, this deal closed a few weeks ago and approximately 20 Engineers and Technology experts joined Apple.

Let us see how Apple will utilize this technology for upcoming innovations.