Apple nears deal to acquihire Prompt AI, a computer vision startup founded by UC Berkeley researchers.

Apple is nearing a significant acquihire agreement to bring on board Prompt AI, a cutting-edge startup specializing in computer vision founded by UC Berkeley researchers Tete Xiao and Trevor Darrell.

The deal highlights Apple’s ongoing commitment to strengthen its artificial intelligence capabilities, particularly in the burgeoning field of computer vision.

Investor sentiments around the deal indicate that while investors will likely see some returns, executives cautioned that they “won’t be made whole” in Thursday's all-hands meeting, suggesting challenges that lie ahead.

Prompt AI’s founders, Tete Xiao and Trevor Darrell, are recognized figures in the AI community, with Darrell being a significant player in the Berkeley Artificial Intelligence Research lab. Their expertise could provide Apple with a competitive edge as it expands its AI-driven initiatives.

Apple is close to an acquihire deal for Prompt AI, a startup specializing in computer vision. The company was co-founded by UC Berkeley researchers Tete Xiao and Trevor Darrell, known for their work at the Berkeley Artificial Intelligence Research lab.