
Apple is apparently expanding its reach in the artificial intelligence field via the acquisition of Silk Labs, an on-device AI technology startup.
Last Tuesday, an anonymous source reported that Apple quietly snapped up Silk earlier this year.
Details of the acquisition are unknown, though the report estimates the deal was a trivial investment for Apple. Silk had about a dozen employees at the time of the purchase, while startup financing firm PitchBook estimates the company raised approximately $4 million in funding.


