Apple acquires AI company Lattice Data, a specialist in unstructured ‘dark data’, for $200M

17/05/2017

TECHCRUNCH

As large tech companies gear up to make a stronger push into machine learning and artificial intelligence, Apple has acquired a company to fill out its own capabilities in the area. Specifically, Apple has picked up Lattice Data, a company that applies an AI-enabled inference engine to take unstructured, “dark” data and turn it into structured (and more usable) information. We’ve heard from a single source that Apple has paid a price of around $200 million.

 

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