Source: Business Insider
Apple reportedly spent around $200 million to purchase US artificial intelligence startup Xnor.ai, according to GeekWire. The startup’s low-power, edge-based AI tools will allow Apple to add AI features to power-constrained devices, like smart cameras or phones. For instance, Xnor.ai’s most notable technology is an AI-based image recognition tool that enables on-device human detection for smart home cameras. Apple will also have access to a platform created by Xnor.ai that allows software developers who aren’t well-versed in AI to implement AI-related code and data libraries in their apps. Apple’s Xnor.ai acquisition is just one of many it has recently made, as it aims to create more powerful and personalized AI features. In pursuit of improved AI features for its devices, the tech titan acquired UK-based AI startup Spectral Edge in December 2019; the startup uses machine learning to enhance photos, which could improve iPhone pictures. And in March 2019, Apple snapped up machine learning startup Laserlike, known for its AI-powered content personalization features that could bolster the Apple News app.