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Stock impact report

Apple Buys Voysis, an AI Startup Focused on Voice Assistants [TheStreet.com]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: TheStreet.com
Apple has acquired an artificial intelligence startup that focuses on digital voice assistants, according to a published report Friday.The Dublin-based startup, called Voysis, developed a platform aimed at helping voice assistants better understand natural language. Apple(AAPLGet ReportVoysis's platform is particularly focused on online shopping apps, according to a company webpage that's now been taken down. The webpage indicated that its software could help narrow search results from shopping-related commands, such as requests to find a new TV within a specific budget range.Terms of the deal, first reported by Bloomberg, weren't disclosed. Earlier this week,Apple bought Dark SkyVoysis was founded in 2012 and raised $8 million in venture capital, according to data from Crunchbase.Apple typically doesn't discuss the reasoning behind its acquisitions. But its own voice assistant, Siri, has been criticized for lagging behind competitors such as Amazon'sAMZNGOOGLVoysis has also indicated Show less Read more
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