Apple Buys Huxe Technology, Offers Jobs to Its Staff
The deal gives Apple a non-exclusive license to Huxe's AI audio technology, which summarizes news and generates podcasts with the license.
Apple has acquired the technology behind Huxe, an iOS audio app that uses AI to summarize news and automatically generate podcasts, according to appleinsider.com.
The agreement includes a non-exclusive license for Apple to use Huxe's technology, meaning the developer can continue to license it to other parties as well.
Apple has also entered a deal to offer employment to some or all of Huxe's staff.
Apple has been a steady buyer of AI companies, typically through full acquisitions or acqui-hires in which the team, rather than the product, is the main target. The Huxe arrangement is a narrower structure, built around a technology license rather than an outright purchase of the company.
Quick answers
What is Huxe?
Huxe is an iOS audio app that uses AI to summarize news and automatically generate podcasts.
What did Apple get in the Huxe deal?
Apple acquired the technology behind Huxe and received a non-exclusive license to use it.
Will Huxe's employees join Apple?
Apple has entered a deal to offer employment to some or all of Huxe's staff.