Apple to acquire Xnor for $200m.

Apple agreed to acquire Xnor, a Seattle startup specializing in low-power, edge-based artificial intelligence tools, for approximately $200m. The acquisition echoes Apple’s purchase of Seattle AI startup Turi in 2016. The arrangement suggests that Xnor’s AI-enabled image recognition tools could well become standard features in future iPhones and webcams. Xnor.ai's work could potentially be incorporated into future iPhones, improving Siri and other AI and machine learning-based tasks that are done on device.