Apple completes acquisition of Paris AI Startup Datakalab to advance AI technology
Acquiring Company
Apple
Acquired Company
Datakalab
Cupertino
ParisManufacturingSoftwareHealth CareFitnessElectronicsSoftwareArtificial IntelligenceMachine LearningDescription
Apple has finalized the acquisition of Datakalab, a Paris-based AI tech startup. This acquisition aligns with Apple’s reported push into AI and is anticipated to contribute to the development of state-of-the-art AI features for its devices, potentially beginning with the upcoming iOS 18.
Quick answer
Apple is acquiring Datakalab, announced April 24, 2024. Apple is based in Cupertino, California, United States.
- How much did Apple pay for Datakalab?
- The deal value was not disclosed.
- What does Apple do?
- Apple is a multinational technology company known for its innovative consumer electronics, software, and services.
- Where are Apple and Datakalab based?
- Apple is based in Cupertino, California, United States. Datakalab is based in Paris, Ile-de-France, France.
- Who are the decision-makers at Apple?
- Fundz holds 2 contacts at Apple. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Avant Technologies, Inc. to acquire up to 50 immersible high-performance servers from Flow Wave, LLC (June 5, 2024)
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Frequently asked
Who acquired Datakalab?
Datakalab was acquired by Apple, based in Cupertino. The deal was reported on April 24, 2024. Apple is a multinational technology company known for its innovative consumer electronics, software, and services. Notable products include the iPhone, iPad, and Mac computers. Apple is publicly traded (AAPL) and operates in Manufacturing.
When did Apple acquire Datakalab?
Apple's acquisition of Datakalab was reported on April 24, 2024. Apple has finalized the acquisition of Datakalab, a Paris-based AI tech startup. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Datakalab do?
Datakalab is a Paris-based AI tech startup specializing in efficient AI algorithms that consume less power and are ideal for mobile devices like smartphones and tablets. It is privately held, operating in Software, and is based in Paris.
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