Categories: Tech & Society

Google Buys Wavii For More Than $30 Million

Google has finally closed the deal on Wavii, a natural language processing startup, for a price that is more than $30 million, TechCrunch reported today.

It is known that both Apple and Google were competing for Wavii and finally Google has won. Apple wanted the company, which developed its own aggregation technology and natural summarization algorithms, for its Siri division. The 25-person-strong team, including founder Adrian Aoun, will be moving down from Seattle to join Google’s Knowledge Graph division.

It was previously reported by Business Insider that the two were in acquisition talks, a definitive agreement has now been signed after the Apple/Google bidding war.

Wavii can be a good fit for Google Now. But Wavii’s semantic search knowledge is also a valid addition to Google Knowledge, as it could further contextualize the information Google currently shows on the sidebar of most searches. But their NLP and disambiguation tech could also widely be applicable across many Google platforms, including Google News and Google Glass.

Source: TechCrunch

Team TechPanda

Recent Posts

Why Edge AI is crucial for real-time traffic surveillance on Indian roads & highways

India has one of the most extensive road networks in the world, growing at its…

9 hours ago

Women in finance increasingly eye entrepreneurship, but barriers to access persist

International Women’s Day provides an important moment to reflect on how professions can support equitable…

2 days ago

Why Jensen Huang’s work represents an evolutionary shift in computing, not just a breakthrough

When IEEE (Institute of Electrical and Electronics Engineers) announced Jensen Huang, founder and CEO of…

2 days ago

Women in tech are reshaping the future of innovation

From Artificial Intelligence and cybersecurity to space technology and climate innovation, women are playing a…

3 days ago

India Crossed Over 1 Billion Digital Transactions a Day, Now Cybersecurity Decides Who Gets to Participate

India has crossed a historic threshold. More than one billion digital transactions now move through…

5 days ago