that Apple has acquired AI firm Xnor.ai for an estimated $200 million. The website likens the deal to Apple's 2016 purchase of AI firm Turi which reportedly also cost Apple $200 million. Xnor.ai's claim to fame is its ability to offer on-device AI technology. This means that machine learning and image recognition can be offered on a low-power device without having to go through the cloud. The company's co-founder, Ali Farhadi, said back in 2018 that "We’ve been able to scale AI out of the cloud to every device out there."
The three-year-old startup also has developed ...
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from PhoneArena https://ift.tt/2toVio6
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