• Apple Headquaters

    Apple Acquires Startup WaveOne for AI Video Compression Algorithms

    Apple has reportedly acquired WaveOne, a California-based startup that was developing artificial intelligence (AI) algorithms for video compression, according to a recent report by TechCrunch. While the tech giant has yet to confirm the acquisition, former WaveOne executive Bob Stankosh revealed that a “sale of the company to Apple” was finalized earlier this year. WaveOne…

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