CNBC January 15, 2020
Key Points
– Apple bought A.I. start-up Xnor.
– Xnor spun out of the Allen Institute for Artificial Intelligence in 2017.
– Apple has bought several AI startups in recent years.
Apple on Wednesday said it has acquired Xnor.ai, an artificial intelligence software start-up.
The company has previously used acquisitions to expand its bench of AI talent, as have other technology companies like Alphabet, Facebook and Microsoft. These companies have all taken steps to enhance their own products with AI and offer tools to outside software developers.
“Apple buys smaller technology companies from time to time and we generally do not discuss our purpose or plans,” the company told CNBC in an email. (Apple gives that same response whenever it...
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