Home / Artificial Intelligence / Artificial Intelligence: Apple acquires low-power artificial intelligence startup Xnor․ai, reportedly for $200M

Artificial Intelligence: Apple acquires low-power artificial intelligence startup Xnor․ai, reportedly for $200M

Artificial Intelligence:

Apple has made another acquisition in the artificial intelligence industry. GeekWire reports today that Apple has acquired Xnor․ai, a Seattle-based startup that focuses on low-power artificial intelligence technology.

Xnor․ai notably provided the AI behind smart camera company Wyze’s on-device people detection feature; the acquisition by Apple explains why Wyze recently lost that feature:

Person Detection will be temporarily removed from Wyze Cam beginning with a new firmware release planned for mid-January 2020, due to the unexpected termination of our agreement with our AI provider. We are preparing to roll out our own in-house version of Person Detection this year, which will remain free for our users.

Apple already ships its own smart camera people detection feature for HomeKit Secure Video, but there’s plenty of room for improvement.

Neither Apple nor Xnor․ai have confirmed the deal, but today’s report suggests that Apple paid somewhere in the range of $200 million to complete the acquisition. It’s likely that the team will move into Apple’s existing office space in Seattle.

Apple issued its boilerplate acquisition comment to CNBC:

“Apple buys smaller technology companies from time to time and we generally do not discuss our purpose or plans.”

Xnor․ai’s motto is “AI Everywhere, for Everyone” and it had to key technologies to back that up. Its biggest focus is on machine learning and image recognition tools that can run on low-power devices, rather than relying on cloud infrastructure.

Furthermore, Xnor․ai built a “self-service” platform that made it easier for developers to use artificial intelligence code and data in their applications. The three-year-old startup’s pitch was as follows:

Xnor.ai Inc. designs and develops software and hardware solutions. The Company offers technologies that lets you run deep learning models efficiently, directly on your phone, IoT device, and an embedded CPU.

In 2016, Apple acquired the Seattle-based startup Turi as part of its efforts to build out its machine learning and artificial intelligence teams. Apple went on to release the Turi Create framework for simplifying the development of machine learning models. Then, in 2018, Apple completed an acquisition of the privacy-focused artificial intelligence startup “Silk Labs.”

Xnor․ai’s on-device AI focus was likely particularly interesting to Apple given the privacy-focused approach it takes to machine learning and artificial intelligence.

Apple regularly acquires other companies, but rarely does it ever officially confirm such acquisitions. In May, Tim Cook said during an interview that Apple had acquired between 20 and 25 companies in the past six months alone.

FTC: We use income earning auto affiliate links. More.

Artificial Intelligence: Longvadon Watch Bands


Check out 9to5Mac on YouTube for more Apple news:

Read More

About admin

Check Also

Artificial Intelligence: Elon Musk just criticized the artificial intelligence company he helped found — and said his confidence in the safety of its AI is ‘not high’

Artificial Intelligence: Elon Musk just criticized the artificial intelligence company he helped found — and said his confidence in the safety of its AI is ‘not high’

Elon Musk criticized OpenAI, one of the world's top AI research organizations, saying it lacks transparency and that his confidence in its technology's safety is "not high."OpenAI is racing to be the first to build a machine with the reasoning powers of a human mind.Musk himself is one of OpenAI's founders — he stepped away…

Leave a Reply

Your email address will not be published. Required fields are marked *