“Apple has reportedly paid $200 million to acquire Seattle-based artificial intelligence company Xnor.ai, which specialises in edge-based AI. Whilst Siri has fallen behind Amazon’s Alexa and, in particular, Google’s Assistant – Apple might have its sights on an entirely different goal with this acquisition: giving users control of extremely personal data. If concerns around data…
Tag: Apple
Apple Buys Startup That Puts A.I. to Work for Better Smartphone Photos
“Apple acquired a U.K. company, Spectral Edge, that specializes in machine learning-technology that helps improve smartphone photos. Spectral Edge uses a type of A.I. called machine learning to make smartphone pictures crisper, with more accurate colors. Its technology takes an infrared shot and blends it with a standard photo to improve the image.” Photo by…
Would you trust Google with your money? The search giant may offer checking accounts
“In a move that would give Google greater access to consumer data, the search behemoth is reportedly partnering with banks to offer checking accounts as early as 2020. Earlier this year, Apple partnered with Goldman Sachs to launch Apple Card, a branded, digital card that’s managed through the Wallet app on iPhones. Facebook has designed a cryptocurrency, Libra,…
Will There Be An AI Productivity Boom?
“Many of the canonical superstar firms such as Google and Facebook employ relatively few workers compared to their market capitalization” because “their market value is based on intellectual property and a cadre of highly-skilled workers.” How will AI contribute to a boom? Perhaps it will happen indirectly, a process of “trickle-down” productivity, as ordinary firms…
APPLE BANKING ON AI CAPABILITIES OF IPHONE’S CAMERAS TO WIN THE BATTLE WITH COMPETITORS
“When Apple Inc introduced its triple-camera iPhone this week, marketing chief Phil Schiller waxed on about the device’s ability to create the perfect photograph by weaving it together with eight separate exposures captured before the main shot, a feat of “computational photography mad science.” A special portion of that chip called the “neural engine,” which…