Bob stankosh - Latest News Update, Information, Photos & Videos on Bob stankosh at Lokmat Times

San Francisco, March 28 Apple has quietly acquired WaveOne, a California-based startup that develops AI algorithms for video compression.Although Apple did not announce the acquisition, Bob Stankosh, WaveOne's former head of sales and business development, posted on LinkedIn about the sale of the startup to iPhone maker."After almost two years at WaveOne, last week we finalised the sale of the company to Apple," Stankosh posted."We started our journey at WaveOne, realising that machine learning/deep learning video technology could potentially change the world. Apple saw this potential and took the opportunity to add it to their technology portfolio," he added.He thanked co-founders, Lubomir Bourdev and Oren Rippel as well as Craig Lytle, for helping to bring the idea to market and advancing this concept for commercial applications.TechCrunch was first to report about the Apple acquisition for an undisclosed sum.Leveraging the startup's AI-powered technology could "understand" a video frame, allowing it to prioritise faces.The AI-powered video codec can help Apple deliver more efficient streaming on its services like Apple TV+.WaveOne leveraged the latest advancements in machine learning and deep learning to bring unique and disruptive solutions and services to digital media, social and enterprise platforms.The startup is behind Cloud-based AI Native video solutions which utilise machine learning and deep neural network (DNN) technology.na/ksk/Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Bob StankoshFOLLOW

Bob stankosh, Latest News

Technology :Apple rolls out iOS 16.5 beta 1 to developers

San Francisco, March 29 After releasing the iOS 16.4 software update to iPhone users earlier this week, Apple ... ...

Technology :Apple acquires AI-driven video compression startup WaveOne

San Francisco, March 28 Apple has quietly acquired WaveOne, a California-based startup that develops AI algorithms for video ... ...