Inductiv acquired by Apple to improve data used in Siri

27 May 2020

On May 27, 2020, Bloomberg reported that Apple Inc. had purchased machine-learning startup Inductiv Inc., adding to more than a dozen AI-related acquisitions by Apple in the last few years.

Waterloo, Ontario-based Inductiv has developed technology that uses artificial intelligence to automate the task of identifying and correcting errors in data. Having clean data is important for machine learning, a popular and powerful type of AI that helps software improve with less human intervention.

Inductiv was co-founded by machine-learning professors from Stanford University, the University of Waterloo and the University of Wisconsin, Madison.

Gowling WLG advised Inductiv in this transaction with a team led by Tom Hunter and that included Radhika Vaidyanathan and Stephanie Hayes (corporate/M&A), and Paul Carenza, Ted Thiessen and Jim Wilson (tax).

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