Apple (aapl) stock gains, purchases tuplejump

Shares of Apple (AAPL) were increasing in late-afternoon trading on Thursday as the company agreed to purchase Tuplejump, TechCrunch reports, citing sources. Tuplejump is an India-based company that specializes in machine learning technology, or an artificial intelligence capability that enables computers to recognize patterns in data without being explicitly programmed. Apple is looking to utilize Tuplejump's "FiloDB" program, an opensource project that applies machine learning technology to data as it streams in, according to TechCrunch. Apple has purchased several machine learning companies in the past few years. It acquired the Seattle-based company Turi for 200 million in August, and U.K.-based artificial intelligence company Perceptio in 2015.