Xnor.ai was a Seattle-based startup specializing in low-power, edge-based artificial intelligence (AI) tools. Here are some key points about the company:
- Founding and Background: Xnor.ai was founded in 2016 as a spin-out from the Allen Institute for Artificial Intelligence (AI2), created by the late Microsoft co-founder Paul Allen[1].
- Technology: The company developed AI and machine learning models that could run efficiently on edge devices such as smartphones, IoT devices, cameras, and drones. This approach allowed for AI processing to be done locally on the device, reducing the need for cloud connectivity and enhancing privacy[2].
- Acquisition by Apple: In January 2020, Apple acquired Xnor.ai for approximately $200 million. This acquisition was part of Apple’s strategy to enhance its AI capabilities, particularly for on-device AI processing[1][3].
References
[1] Apple buys Xnor.ai, an edge-centric AI2 spin-out, for price … – GeekWire
[2] Xnor.ai – Crunchbase Company Profile & Funding
[3] Apple acquires Xnor, AI startup that spun out of Allen Institute
Xnor.ai low-power, edge-based artificial intelligence (AI) tools