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Editor’s Note: Sometimes the biggest clues about the future of AI come from the acquisitions the tech giants make. That’s why I asked my colleague Luke Lango to share his latest research.

Today, Luke examines Apple’s acquisition of Q.ai – an obscure AI startup it reportedly purchased for nearly $2 billion despite having no sales or public product. He explains what that deal tells us about where the biggest AI gains can be made and shares the framework he uses to identify similar opportunities. He also applies that process in his free 2026 AI Megadeal Event, which you can watch here.

Here’s Luke with more…

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