Xnor.ai: Seattle AI startup drew interest from Amazon, Microsoft, Intel before selling to Apple

Apple wasn't the only tech giant eyeing Xnor.ai. GeekWire broke the news on Wednesday that Apple acquired Seattle startup Xnor.ai, paying around $200 million for the three-year-old company that specializes in low-power, edge-based artificial intelligence tools. Exclusive: Apple acquires Xnor.ai, edge AI spin-out from Paul Allen's AI2, for price in $200M range Other large corporations were interested in the startup, too. Sources confirmed to GeekWire that Intel and Amazon had formal discussions with Xnor.ai. The Financial Times reported that Microsoft also approached the company. Xnor.ai has been moving its staff of roughly 70 employees out of the company's offices in... Read More