Apple acquires AI-powered video compression startup WaveOne

AppleInsider
Mar 27, 2023, 11:00 am246 pts
WaveOne, a California-based startup that has been developing algorithms for compressing videos, has confirmed that it has been purchased by Apple. Credit: Laurenz Heymann/Unsplash Founded in 2016, WaveOne sought to use machine learning for video compression. By employing artificial intelligence, WaveOne could…

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