#edgebased

[nayanasri]

Apple buys edge-based AI startup Xnor.ai for a reported $200M

Apple buys edge-based AI startup Xnor.ai for a reported $200M

Xnor.ai, spun off in 2017 from the nonprofit Allen Institute for AI (AI2), has been acquired by Apple for about $ 200 million. A source close to the company corroborated a report this morning from GeekWire to that effect.

Apple confirmed the reports with its standard statement for this sort of quiet acquisition: “Apple buys smaller technology companies from time to time and we generally do not…

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[moneyhealthfinance-blog]

Perspecta to Help DARPA Transition Edge-Based Cyber Tech to Gov’t Customers Perspecta‘s research arm secured a $ 5.7M contract modification to perform additional work under a Defense Advanced Research Projects Agency program aimed at defending networks against disruption and cyber threats. The company said Wednesday it will help DARPA transition the Distributed Enclave Defense Using Configurable Edges</... Technology News