AI & RoboticsNews

VCs double down on hot Seattle startup scene with $10 million Allen Institute AI Incubator investment

Some of the top investment firms in Silicon Valley and Seattle are joining up to put $10 million into the Allen Institute AI Incubator for early-stage AI startups. The news comes a day after Apple acquired Xnor. The edge computing AI startup was one of the first companies to receive financial support and mentorship from the incubator and was reportedly acquired for roughly $200 million. The $10…
Read more
AI & RoboticsNews

Dewo uses AI to minimize digital distractions

The average person is distracted every 40 seconds when working in front of a computer. Indeed, even the most productive workers get only 11 minutes on average between interruptions. Increasingly, with experiments like Digital Wellbeing and Screen Time, tech giants are advancing usage limits as a potential remedy. But if you ask Mathias Mikkelsen, CEO and founder of Oslo, Norway- and Pune…
Read more
AI & RoboticsNews

Apple just bought a low-power AI startup

Apple has acquired another Seattle-based AI startup, Xnor.ai. The startup specializes in low-power edge-based tools that allow AI to operate on devices, rather than in the cloud. The tech could allow Apple to bring edge-based AI software to future iPhone models. Apple is…
AI & RoboticsNews

Apple acquires edge AI startup Xnor

Apple has acquired AI startup Xnor.ai, a source familiar with the matter told VentureBeat today. Xnor focuses on the efficient deployment of AI in edge devices like smartphones, cameras, and drones. Apple reportedly paid roughly $200 million for the company, according to Geekwire. Xnor’s technology could be used to improve Apple’s deployment of AI stored locally on devices or power edge…
Read more
AI & RoboticsNews

Why responsible AI needs to disrupt your org from the bottom up (VB)

Presented by Dataiku White-box AI is now getting heaps of attention. But what does it mean in practice? And how can businesses start moving away from black-box systems to more explainable AI? Learn why white-box AI brings business value, and how it’s a necessary evolution when you join this VB Live event. Register here for free. Black box AI has been getting some attention in the media for how…
Read more