Apple Buys Xnor.ai, Startup Focused on Low-Power Edge-Based AI Tools

Apple has reportedly acquired Xnor.ai, a Seattle-based startup specialized in low-power, edge-based artificial intelligence equipment for $ 200 million (about Rs 1,419 crore).

“Apple buys small technology companies from time to time and we generally do not discuss our purpose or plans.” Apple said in a statement to GeekWire.

Xnor.ai’s work is expected to be included in future iPhones, improving Siri and other AI and learning machine-based functions.
Also Read: Apple partners valve to develop it’s AR headset.

Recently, Apple acquired another Seattle-based machine learning startup Turi for about the same amount.

The move is scheduled to increase Apple’s presence in the Seattle area, where tech giants are building an engineering outpost
Also Read: IIT Madras launched new startup to provide AI training.

Turi provides tools that allow developers to easily perform machine learning applications.

The Cupertino-based company recently purchased some machine learning and AI startups such as VocaliQ and Perceptio and Facial Recognition Startup Emonetient etc.

Apple has recently been making a push into artificial intelligence through Siri personal assistants and related technologies.

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