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PrismML confirms it is in talks with Apple about AI model-shrinking tech

Five days after initial reports that there was an AI-model shrinking technology by PrismML suitable for iPhones, the company has confirmed it is talking to Apple over the use of its technology.

Smartphone screen showing Siri AI conversation about Apple subscription costs, with text explaining core features remain free but some advanced functions may require paid iCloud or future premium tiers
Siri at work on an iPhone

One of the major problems with AI processing is the need to manage massive models that most normal computers and smartphones cannot easily handle alone. On July 9, the start-up PrismML surfaced with a solution to shrink down the models to a more manageable size.

A few days later, on July 14, the startup confirmed the talks were underway. Speaking to CNBC, startup CEO Babak Hassibi said that Apple and other companies are evaluating its models.

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