Apple To Acquire XNOR AI1 min read – an artificial intelligence software start-up, has been acquired by Apple. Xnor focuses on the efficient deployment of devices like smartphones, cameras, and drones. It was founded back in 2016 and has got about 50 employees so far.

In order to improve the edge devices of Apple – the startup came at a price of 200 Million US Dollars. In the first place, Xnor was spun from the Allen Institute of Artificial Intelligence. It’s a research lab created by the late Microsoft co-founder  Paul Allen. The objective of building the lab was to boost artificial intelligence research.

Read More: More Privacy | Google Plans to Phase Out Third Party Cookies

However, just like being a dropout – Xnor seems to prove that wrong by selling the entire startup at a price of 200 Million US Dollars. Not only that, being acquired by the company valuing more than a Trillion-Dollar seems to make it the talk of the town.

Read More: TikTok Partnered With iFlix To Conquer The South East Asian Market

Apple recently acquired a similar startup called Spectral Edge [Read More]. Spectral Edge is a British startup that used machine learning to noticeably enhance the quality of photos that could be taken on the iPhone camera.

Apple has been one of the core players of the modern tech world so far. Now it’s time for us to see how an AI software-based startup can help Apple to make its product way better.

Get real time updates directly on you device, subscribe now.

You might also like
Notify of

Inline Feedbacks
View all comments
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Would love your thoughts, please comment.x


Join our mailing list to receive the latest news and updates from Markedium!

You have Successfully Subscribed!