Apple has been on a recent buying spree lately, taking on Artificial Intelligence (AI) assets like Voysis, xnor.ai, and now Inductiv.
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Inductiv Inc. was founded at the University of Waterloo by Cheritan School of Computer Science Professor Ihab Ilyas, Theodoros Rekatsinas (Univ. of Wisconsin-Madison), and Christopher Re (Stanford). They derived Inductiv’s technology using the open-source program HoloClean. HoloClean is an open-source statistical inference engine. What is that?
What is Statisical Inference?
What is Statistical Inference?
From Wikipedia (in lay terms): Statistical inference is the process of using data analysis to figure out the characteristics of a data set of a larger population and predicting what the data set will provide (proposition).
In other words – Inductiv Inc. found a way to look at raw data (search engine requests, queries, databases, configuration settings, etc.) and then clean the data of any errors… whoa.
Apple buys AI Startup Inductiv Inc.
So Apple bought them [Inductiv Inc.]. They bought a method of how to clean up mistakes in data. Like I mentioned above, they had just bought xnor.ai (the company that brought person recognition to the Wyze Cam) in recent months. Apple also bought Voysis to make Siri understand you better. Yet, Apple is still sitting on tons of cash, and I think they can acquire a bunch more technology to provide its customers with technology that will take AI-derived products to the next level. These technology acquisitions will only make Siri’s (or whatever name they call the new AI) ability to understand and infer what you want to do and provide a solution for you before you can say her name!
This is a great achievement for Canada. Waterloo continues to provide amazing technology.
Here are a few articles about Apple’s recent purchases: