Apple acquired Xnor.ai, a startup that aims to attack Edge AI

Recently, Apple has completed the acquisition of startup on artificial intelligence Xnor.ai, with the rumored price of about $ 200 million. Xnor.ai is a small Seattle startup specializing in Edge AI (AI at the edge). A great advantage of Edge AI tools is that they can work locally without an Internet connection, as well as not consuming much energy to operate.

The $ 200 million figure is speculative, as both Apple and Xnor.ai did not comment on the deal, except to confirm that Apple has completed its acquisition of Xnor.ai.

Xnor.ai’s starting point is an AI2 project – an AI idea incubator directly invested by Paul Allen’s Artificial Intelligence Institute. Besides the tools of the Edge AI array, Xnor.ai also has expertise in creating image recognition software.

Over the past half year, Apple has acquired many small startups in artificial intelligence, among which are Turi or Spectral Edge. Just last month, UK-based AI Spectral Edge startup returned to the home team of “Biting apples”, with the hope of combining image-stitching technology and machine learning to improve the quality of photos taken by Iphone.

Last May, CEO Tim Cook revealed that “every two to three weeks, Apple buys a new company, hoping to have more breakthrough talent and projects for the company.”

It is not known how the results of the “aggressive” Apple deals, but through this we can completely see that the Apple technology giant is always looking for ways to bring many innovative new technologies. more for my products.

According to Business Insider