Tech

Apple has bought 2 artificial-intelligence companies in 4 days

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AP

Apple's on a buying spree as it ramps up its efforts in the tech industry's latest arms race: artificial intelligence.

Bloomberg reports that Apple has bought Perceptio, a company that makes image-recognition technology for smartphones, its second AI deal in four days.

Perceptio was developing "deep learning" technology for smartphones, that allowed phones to independently identify images without relying on external data libraries, Bloomberg said.

Deep learning is a specialized field of artificial intelligence that's all the rage now. It allows machines to recognize patterns and learn on their own.

Artificial intelligence is becoming increasingly vital as companies roll out and seek to improve "virtual assistant" services such as Apple's Siri and Google Now.

Apple may also be looking at AI to help with its plans to build a self-driving car. Apple is reportedly planning to enter the car business in 2019 with an electric — non-self-driving — car.

On Friday, Apple acquired another AI company: VocalIQ, a UK-based startup developing technology to help computers understand human speech. Google, Facebook, and Microsoft are all engaged in an AI arms race, hiring experts in the field from academia and acquiring specialized startups.

We've reached out to Apple and will update if we hear back.

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Alexei Oreskovic is the Tech Features Editor for the Business section of Insider.  Based in San Francisco, Oreskovic has covered technology and business for more than 20 years at publications including TheStreet.com, the Industry Standard, and CNET. Before BI, he was a correspondent at Reuters for six years, where he was a finalist for the 2013 Gerald Loeb Award in the Breaking News category for coverage of the Facebook IPO.  As Insider's Tech Features Editor, Oreskovic has overseen groundbreaking investigative stories on Uber, Snapchat, Tesla, Facebook and Google. He was the editor on the Snapchat and Facebook stories that won the Sabew 2018 Larry Birger Young Business Journalist award for former BI reporter Alex Heath. Oreskovic has covered the booms and busts of the tech industry since the first dotcom bubble of the late 1990s, and has interviewed the industry's most important players including Mark Zuckerberg, Eric Schmidt, Sheryl Sandberg and Marissa Mayer. He has made frequent guest appearances on TV and radio, including CNBC and BBC World News.  Disclosure: Oreskovic has a direct family member who owns shares in Compass.