The edge computing technology developer has reportedly been purchased by Apple, three years after being spun out of AI2 to advance work by University of Washington's Ali Farhadi.

Consumer electronics producer Apple has acquired US-based artificial intelligence platform developer Xnor.ai for approximately $200m, GeekWire reported yesterday.
Founded in 2017, Xnor has developed technology that makes it possible to run machine learning and image recognition tools on low-power devices, removing the need to upload data to the cloud. It has also built a tool that allows developers to easily add AI functionality to apps.
The company was spun out of Allen Institute for Artificial Intelligence (AI2), which…

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
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