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Hot Tech News > News > Mobiles > Apple acquired startup Xnor.ai
Apple acquired startup Xnor.ai

Apple acquired startup Xnor.ai

Posted on January 21, 2020January 20, 2020

Xnor.ai specializes in low-power tools that enable AI to run on devices rather than the cloud.

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It is known that large technology companies often acquire interesting small startups, whose development can help create new products and increase profits. Apple is not an exception and periodically “captures” start-up small enterprises with interesting ideas and ideas. The same thing happened with startup Xnor.ai, which is based in Seattle.

Apple bought xnor.ai

Xnor.ai was created by the Allen Institute of Artificial Intelligence or AI2, which, in turn, was founded by Microsoft co-founder Paul Allen. She is developing low-power tools that enable artificial intelligence to function directly on devices, rather than in the cloud. Thanks to this technology, Apple will be able to equip its future iPhone models with the latest artificial intelligence software.

An “apple” company usually does not talk about the goals and prices of its acquisitions. However, there is one Xnor.ai illustration provided by GeekWire. It shows a computer vision tool that identifies objects in photographs using iPhone software. In addition, it became known that the purchase of a startup cost Apple about $200 million.

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