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Apple acquires AI startup Xnor.ai

Jan 16, 2020 13:24 IST

Apple has reportedly acquired a Seattle-based AI startup called Xnor.ai, that specializes in low-power, edge-based AI tools. Reports have indicated that the deal cost apple somewhere around $200 million, but the motive behind it remains unclear. Xnor.ai deals with machine learning and image recognition tools that can be used on low-power devices locally rather than depending on the cloud, and we may see the use of these technologies in later devices from Apple.