Apple has bought Tuplejump, a machine learning technology company with operations in both India and the United States, TechCrunch reports. Apple continues to buy companies with machine learning expertise. The reason the company had its eyes on Tuplejump was for its "FiloDB" project, according to the report. The lead engineer on FiloDB has been working at Apple since this May, according to his LinkedIn. The purchase price is unknown, although it's almost certainly lower than Apple's last machine learning purchase, Turi, which was bought for around 200 million earlier this year.

Looking at Apple's latest shopping list, there no denying the fact that Tim Cook has big plans for the artificial intelligence industry. What seems like a shopping spree, only months after buying Turi, and also recollecting that Apple bought Perceptio at the end of 2015, rumors of the firm buying another machine learning startup have resurfaced. This time it's India/US based machine learning startup called Tuplejump. Though the representative from Apple neither denied nor acknowledged the buzz going around, but they didn't either shy away from giving their standard response when they do acquire a company: "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans." The Hyderabad-based firm helps companies to store, process and visualise big data.

Apple has acquired the Indian startup Tuplejump. This is the fourth machine learning company acquired by the high-tech giant over a one year period. Tuplejump's takeover by Apple actually happened in June but went unnoticed until now, according to Bloomberg. Tuplejump founder Rohit Rai is not living in Seattle, where Turi is located and he began working for Apple in May. Among Tuplejump's dozen workers, many were already based on the U.S. west coast.

Hyderabad: Hyderabad's startup eco-system has got a big boost as it has witnessed the moment long overdue: A takeover of city startup by a big multinational company. On Thursday, Apple Inc. confirmed the acquisition of a Hyderabad-based machine-learning startup Tuplejump Software Private Limited for an undisclosed amount. It will help Apple in improving its expertise in artificial intelligence. "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans," Apple spokesman Colin Johnson told Bloomberg. According to industry sources, the founders of Tuplejump -- Rohit Rai and Satyaprakash Buddhavarapu -- have joined Apple after the acquisition.

HYDERABAD: Apple quietly acquired a little-known Hyderabad-based startup a few months ago for an undisclosed amount and while little is known about what Tuplejump does, the word is that this is part of the Cupertino-based giant's exploration into artificial intelligence. Known in the trade as an acqui-hire, nearly all of Tuplejump's 16 employees are in the process of becoming Apple staffers. A back-of-the-envelope calculation by an expert put the valuation at about 20 million (Rs 133 crore). "When there is a talent hire, the cost of hiring is usually calculated based on the last few years' salary," the expert said. "So, for a 16-member team, I think it would probably come up to around 4 million a year -- making this deal for something around 20 million (including for possible IP evaluation)."

Apple has bought Tuplejump, a machine learning technology company with operations in both India and the United States, TechCrunch reports. Apple continues to buy companies with machine learning expertise. The reason the company had its eyes on Tuplejump was for its "FiloDB" project, according to the report. The lead engineer on FiloDB has been working at Apple since this May, according to his LinkedIn. The purchase price is unknown, although it's almost certainly lower than Apple's last machine learning purchase, Turi, which was bought for around 200 million earlier this year.

Apple Inc. has acquired Indian machine-learning start-up Tuplejump Software Pvt Ltd as it seeks to expand its expertise in artificial intelligence. The iPhone maker bought the Hyderabad, India-based company in June, according to a person familiar with the deal who asked not to be identified. Tuplejump's software specializes in processing and analysing big sets of data quickly. The deal was reported earlier by TechCrunch. The purchase price wasn't disclosed.

Apple has just triggered a flurry of speculations as news was confirmed that it had acquired Tuplejump Software Pvt Ltd., a machine learning company operating in Hyderabad, India. The acquisition was reportedly completed last June and it rounded up the series of Apple startup purchases dabbling in artificial intelligence. Previously, the company acquired Turi Inc. for 200 million and it was followed by Emotient for a still unconfirmed amount. This last company is known in the industry for its employment of AI on facial expressions. These purchases are widely believed to be part of Apple's drive to improve its virtual assistant technology amid growing competition with Google.

Tech giant Apple Inc. has acquired Hyderabad-based machine learning startup Tuplejump as part of efforts to boost its artificial intelligence capabilities. The development was first reported by tech news portal TechCrunch. The startup, which had a dozen employees, was launched by three Indian engineers--Rohit Rai, Satyaprakash Buddhavarappu and Deepak Alur--in 2013. The first two co-founders have joined Apple while Alur is now working with US cloud-tech firm Anaplan. Terms of this deal are not clear.

HYDERABAD: Apple quietly acquired a little-known Hyderabad-based startup a few months ago for an undisclosed amount and while little is known about what Tuplejump does, the word is that this is part of the Cupertino-based giant's exploration into artificial intelligence. Known in the trade as an acqui-hire, nearly all of Tuplejump's 16 employees are in the process of becoming Apple staffers. A back-of-the-envelope calculation by an expert put the valuation at about 20 million (Rs 27 crore). "When there is a talent hire, the cost of hiring is usually calculated based on the last few years' salary," the expert said. "So, for a 16-member team, I think it would probably come up to around 4 million a year -- making this deal for something around 20 million (including for possible IP evaluation)."