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"The technology giant did not reveal how much the deal was worth, but a source familiar with the acquisition was cited as saying that Q.ai was valued at about $1.6 billion.

According to the Financial Times, the deal is worth about $2 billion.

This figure, if correct, would mark Apple’s second-largest acquisition to date, following its purchase of Beats for $3 billion in 2014, which later became its platform for Apple Music."