Apple acquires WaveOne, an AI video compression startup

Apple has acquired Mountain View-based WaveOne, a startup that was developing AI algorithms for compressing video.Kyle Wiggers for TechCrunch:Apple wouldn’t confirm the sale when asked for comment. But WaveOne’s website was shut down around January, and several former employees, including one of WaveOne’s co-founders, now work within Apple’s various machine learning groups.
WaveOne’s former head of sales and business development, Bob Stankosh, announced the sale in