Apple Buys Another Artificial Intelligence Start-Up

It's been about a month since the last Apple (NASDAQ: AAPL) acquisition that investors have caught wind of (Spectral Edge, to bolster the company's computational photography). CEO Tim Cook confirmed last year that the tech titan tends to buy smaller companies every two to three weeks. Apple's latest acquisition is all about low-power edge-based artificial intelligence (AI).

Here's what investors need to know.

Apple chip exec Sri Santhanam detailing the A13 Bionic's machine-learning capabilities in September. Image source: Apple.

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Source Fool.com