“Apple Gets Serious and Silly about Generative AI, Acquires Canadian Startup!”

“Apple buys Canadian AI startup in push for generative AI”

“In an effort to escalate its AI initiatives, Apple has officially announced the acquisition of a Canadian AI startup, Nabla Inc.” Gauging from the whispers doing rounds in the AI circuit, it appears that the tech behemoth Apple, has gone shopping again! And guess what’s on their shopping list this time – a trendy AI startup from our friendly neighborhood – Canada! The startup, cleverly named Nabla Inc., somewhat the nerd’s rendition of Nirvana, maybe?

They say every action has a reason. So, what possibly sparked this sudden shopping spree for Apple? Well, it’s pretty straightforward. Apple wants to beef up its AI game! Yes, apparently, Siri alone isn’t enough to play in the big leagues. Hard truth, isn’t it? Apple hasn’t offered a peek into the financial jugglery that this acquisition entailed, but it’s safe to assume that it made the Nabla founders’ bank account swell a tad bit more.

This acquisition isn’t just about keeping up with the Joneses in the AI playground. No, siree. It’s about building a team armed to the teeth with generative AI prowess. What’s that, you ask? Well, it’s an exciting new frontier in our AI-dominated world. Essentially, generative AI can create new content from existing data- pretty impressive stuff, huh?

Nabla boasted a rather decorated team with industry stalwarts, accomplished researchers, and even Google and Facebook alumni. All of whom have now jumped ship to Apple’s impressive fleet. So, it looks like Apple won’t settle for anything less than being at the head of the pack.

But wait, there’s a twist! Nabla’s proud invention ParallelDots was not part of this buying frenzy. And here I was, naively assuming it’s an all-inclusive deal. Well, ParallelDots might have missed the Apple express but as per the report, it will continue under a different entity.

It’s rather apparent that Apple wants a slice of the generative AI pie. And why not? It’s the promise of a future where computers generate original content. Mind-boggling, right? But then again, that’s the beauty of the AI world. It forces us to dream, to imagine, and to challenge the boundaries. And who’s better to lead this daring venture into the unknown than Apple? I rest my case.

Read the original article here: https://dailyai.com/2024/03/apple-buys-canadian-ai-startup-in-push-for-generative-ai/