Apple Acquires Xnor.ai to Enhance Machine Learning Algorithms

Artificial Intelligence (AI) Market to Hit Growth Rate 37.3% of CAGR by 2033 | Google Inc., SAP SE, Apple

Apple Inc. acquired Xnor.ai in January 2020 to enhance the process for making machine learning algorithms highly efficient.

XNOR.ai

XNOR.ai is a company that specializes in edge AI technology, providing efficient and low-power AI solutions for a variety of applications.

Xnor joined Apple in early 2020. 

Xnor.ai brought highly efficient, super powerful AI to edge devices such as cameras, cars, drones, wearables and IoT devices. 

The Xnor platform allowed product developers to run complex deep learning algorithms -- previously restricted to the cloud -- locally, on a wide range of devices. This new, highly-scalable approach ensures complete privacy of data, eliminates the need for connectivity, and significantly reduces memory load, and power demands, all delivered at the lowest cost, without compromising accuracy or performance. 

Xnor was a venture funded startup, founded on award winning research conducted at the University of Washington and the Allen Institute for Artificial Intelligence. 

Xnor’s industry-leading technology was used by global corporations in aerospace, automotive, retail, photography, consumer electronics and government.

The company was based in Seattle.


Madrona

Allen Institute for Artificial Intelligence

NGP Capital

Autotech Ventures

Xnor.ai

We are proud to be recognized on the just-released #ForbesAI50 list! Judged by AI luminaries from MIT, Microsoft, Stanford, Xnor proves low cost, low power AI solutions can still deliver high-performance breakthrough results in the real world. Visit our website (https://www.xnor.ai) to learn more about our technology! https://lnkd.in/g-jAtB3

#forbesAI50 #edgeai #machinelearning

AI:XNOR

XNOR.ai

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