Apple Inc. has acquired Perceptio, a startup developing technology to let companies run advanced artificial intelligence systems on smartphones without needing to share as much user data. The company’s leaders, Nicolas Pinto and Zak Stone, are both established AI researchers who specialise in developing image-recognition systems using deep learning. Deep learning is an approach to artificial intelligence that lets computers learn to identify and classify sensory input. Apple confirmed the acquisition. Terms of the deal weren’t disclosed. "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans," said Colin Johnson, a company spokesman. Perceptio’s goals were to develop techniques to run AI image-classification systems on smartphones, without having to draw from large external repositories of data. That fits Apple’s strategy of trying to minimise its usage of customer data and do as much processing as possible on the device. Apple said last week that it had acquired a UK-based software startup that made AI technology to create Siri-like digital personal assistants capable of having longer conversations. (Jack Clark and Adam Satariano/Bloomberg)

DP World launches 36-hour Dubai-Iraq sea link
Parkin expands into Abu Dhabi under partnership with DAMAC
Dubai hosts Sustainable Bio International Forum
TerraUSD creator Do Kwon sentenced to 15 years over $40 billion crypto collapse
BRIDGE Summit drives $200 million deal to boost UAE's media sector
