Apple acquires content-aware AI video compression startup

Apple acquired a startup specializing in AI-based video compression earlier this year, it has emerged, but it isn’t yet clear how the company plans to use the technology. As is generally the case when Apple makes an acquisition, there has been no official announcement from Cupertino, nor have the terms of the deal been disclosed. In this case, however, a co-founder at the acquired firm, WaveOne, wrote about the acquisition on LinkedIn, in a post that TechCrunch discovered and

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