Apple reportedly acquires AI and vision startup Vilynx for $50M - SiliconANGLE
Apple Inc. acquired artificial intelligence and vision startup Vilynx Inc. earlier this year for $50 million, according to a report from Bloomberg. An exact date on the deal is unknown but the Vilynx website was last recorded by the Internet Archive Wayback Machine on July 16. The company's LinkedIn page has been removed, but key employees, including co-founder and Chief Executive Officer Juan Carlos Riveiro and Vice President Phil Zepeda, are still listed in LinkedIn as working at the company. As with most of its acquisitions, Apple has neither denied nor confirmed the report, instead offering its stock standard reply: "Apple buys smaller technology companies from time to time and we generally do not discuss our purpose or plans." Founded in 2011 with offices in Spain and Palo Alto, California, Vilynx offered a "powerful AI Brain" that was designed to connect people with content that is relevant to them.
Oct-28-2020, 02:15:26 GMT
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