Apple bought virtual reality company Spaces. Apple, which has acquired Spaces, is expected to integrate this platform into its AR / VR focused smart glasses project.

The financial aspect of the sale has not been clarified yet, as there is no explanation from either side.

Apple has acquired Spaces, is expected to integrate this platform into its AR / VR focused smart glasses project.

Spaces founded by former Dreamworks employees in 2016.

According to a report shared by CB Insights, Apple purchased more AI startups than its competitors between 2010 and 2019.