Apple acquired AI software startup Xnor.ai, the foreign press quoted Geekwire on Tuesday. The acquisition amount is reported to be about $ 200 million (about KRW 230 billion).
Exno is a startup based in Seattle, USA, spun from an artificial intelligence lab founded by Paul Allen, co-founder of Microsoft. The company has a technology specific to AI software that runs on small devices with limited computing power.
Foreign officials said, “Apple’s acquisition of Exno could be a stepping stone for AI chips in smart devices such as the iPhone, iPad, and Apple Watch.”
Apple previously acquired AI startups such as Drive.ai, SilkLabs, Fullstring, and Turi.