Apple Acquires Startup That Uses AI To Compress Videos

Slashdot
By msmashMar 27, 2023, 12:40 pm139 pts
Apple has quietly acquired a Mountain View-based startup, WaveOne, that was developing AI algorithms for compressing video. From a report: Apple wouldn't confirm the sale when asked for comment. But WaveOne's website was shut down around January, and several former employees, including one of WaveOne's…

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