Lattice Data, a company that makes a speciality of extracting helpful knowledge from unstructured knowledge now belongs to Apple.
Ingrid Lunden, reporting for TechCrunch:
Apple has picked up Lattice Data, a company that applies an AI enabled inference engine to take unstructured, "darkish" knowledge and switch it into structured (and extra usable) knowledge. We now have heard from a unmarried source that Apple has paid a value of round $200 million.
The deal used to be closed a few weeks in the past, the source stated, and about 20 engineers have joined the bigger company.
A large number of knowledge research typically, and "giant knowledge" in particular, has to do with the research of structured knowledge: great, orderly tables all stacked up in neat rows and columns. Unstructured knowledge is the whole thing else.
So, virtually like sifting for gold as soon as all of the easy-to-pluck nuggets were harvested, extracting worth from "darkish knowledge" has historically been a lot more difficult.
However now we've got synthetic intelligence and device studying.
AI and ML have develop into massive buzzwords within the tech business since ultimate yr, when a number of outstanding firms took to their keynote levels to behave like they would simply invented the phrases.
Apple's been the use of ML and AI for years in the entirety from Siri to battery lifestyles control. What the company does with "darkish knowledge" shall be fascinating to peer.