INSUBCONTINENT EXCLUSIVE:
Xnor.ai, spun off in 2017 from the nonprofit Allen Institute for AI (AI2), has been acquired by Apple for about $200 million
A source close to the company corroborated a report this morning from GeekWire to that effect.Apple confirmed the reports with its standard
cameras that use only a modicum of power
processor or connection to the cloud.CEO Ali Farhadi and his founding team put the company together at AI2 and spun it out just before the
organization formally launched its incubator program
operations and areas of business.The $200M acquisition price is only approximate, the source indicated, but even if the final number were
visiting the Xnor.ai offices (in inclement weather, no less), reported that a move was clearly underway
AI2 confirmed that Farhadi is no longer working there, but he will retain his faculty position at the University of Washington.An
acquisition by Apple makes perfect sense when one thinks of how that company has been directing its efforts towards edge computing
With a chip dedicated to executing machine learning workflows in a variety of situations, Apple clearly intends for its devices to operate
independent of the cloud for such tasks as facial recognition, natural language processing, and augmented reality
