Apple acquires AI startup Xnor.ai for $200 million

Apple has acquired Xnor.ai, a Seattle startup specializing in low-power, edge-based artificial intelligence tools for somewhere in the range of $200 million. Alan Boyle, Taylor Soper, and Todd Bishop for Geek Wire: The acquisition echoes Apple’s high-profile purchase of Seattle AI startup Turi in 2016… The arrangement suggests that Xnor’s AI-enabled image recognition tools could […]


Apple’s $300 billion opportunity

In the context of the parade of multi-billion-dollar buyouts in recent years, Apple Inc.’s $200 million acquisition…