Apple buys Israeli AI startup Q.ai in a deal worth around $1.6 billion

Apple has made its biggest acquisition ever by purchasing an Israeli artificial intelligence company called Q.ai. The deal is reported to be worth between $1.5 billion and $2 billion.

Q.ai specializes in technology for sound and facial detection. The purchase is seen as a major move by Apple to compete with other tech giants like Google and Meta in the race to build advanced AI features into its devices.