Apple has acquired Q.ai, a privately held Israeli artificial intelligence startup, in a deal valued at around $1.6–$2 billion, according to people familiar with the matter. Apple did not disclose the financial terms of the acquisition. Q.ai was backed by venture capital firms Matter Venture Partners, Kleiner Perkins, Spark Capital, Exor, and GV, formerly known as Google Ventures. Continue reading “Apple acquires Israeli AI startup Q.ai in $2 billion deal”