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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
TechApple

Apple Keeps Buying Companies In This Space

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David Meyer
David Meyer
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By
David Meyer
David Meyer
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September 23, 2016, 3:18 AM ET
Apple Holds Press Event To Introduce New iPhone
SAN FRANCISCO, CA - SEPTEMBER 07: A new Apple iPhone 7 is seen during a launch event on September 7, 2016 in San Francisco, California. Apple Inc. unveiled the latest iterations of its smart phone, the iPhone 7 and 7 Plus, the Apple Watch Series 2, as well as AirPods, the tech giant's first wireless headphones. (Photo by Stephen Lam/Getty Images)Stephen Lam — Getty Images
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Apple (AAPL) is really pushing into this machine learning thing. A month after it came out that the company had bought Turi, it is now reported to have bought another company in the space, called Tuplejump.

Tuplejump was (its website has vanished) an Indian-U.S. company with technology for managing large amounts of data, or “big data” as the jargon has it.

TechCrunch, which reported the acquisition, said Apple was likely interested in an open-source Tuplejump project called FiloDB, which uses machine learning techniques to analyze fast-streaming data.

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Machine learning involves teaching computers how to learn from the data they are presented, so they can make predictions based on those learnings.

For Apple, it’s important for making the firm’s Siri virtual assistant smarter and better at voice recognition. Machine learning could also improve how the App Store recommends apps.

Other companies such as Google (GOOG) use such technology for everything from detecting spam to image recognition to developing self-driving cars. Ultimately, machine learning is a building block of so-called artificial intelligence.

For more on Apple, watch our video.

Last year, Apple bought a company in the field called Perceptio, with a view to improving its phone AI.

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