Apple discloses deal to hire team and license tech from personalized podcast startup Huxe
Is Apple hoping to get into the AI-generated podcast business?
Is Apple hoping to get into the AI-generated podcast business?
The short version
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- Apple revealed in a regulatory filing that it has reached an agreement to bring on team members and technology from personalized audio startup Huxe, in what’s commonly known as a reverse acqui-hire deal.
What happened
But Huxe announced on May 21 that it was shutting down , with the team posting on the Huxe website that the company would be removing its app from the Apple and Google stores, halting service, and deleting user data. “The team is moving on to new things, and we won’t be continuing development of the product,” the company said.
Why it matters
TechCrunch says apple discloses deal to hire team and license tech from personalized podcast startup huxe is the central development readers should understand.
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