Apple reportedly acquires Xnor.ai to boost on-device AI
1Reported today on TheNextWeb
For the full article visit: https://thenextweb.com/apple/2020/01/16/apple-reportedly-acquires-xnor-ai-to-boost-on-device-ai/
Apple reportedly acquires Xnor.ai to boost on-device AI
Did you know that, according to CEO Tim Cook, Apple acquires a company every two to three weeks? It's just added another startup to its long line of AI acquisitions. According to a report by GeekWire, the Cupertino-based company has made a deal with Xnor.ai, an edge-based AI startup, for $200 million.
What is edge-based AI, you may ask? It's a type of AI that executes algorithms locally (meaning on the hardware it's being used for), instead of relying on the cloud.
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Xnor.ai specializes in image recognition software that can even run on low-powered devices. We know that iPhones aren't low-powered by any means, but this startup can help make the on-device processing mode efficient. Plus, it can help Apple leverage machine learning in future devices that might have comparatively less processing power than a top-of-the-line phone (Apple Glasses, anyone?).
Ali Farhadi, the co-founder of the company, told GeekWire in an interview last year the company has a self-service platform for developers who aren't accustomed to coding for AI; it uses drag-and-drop modules and libraries that can run on pr