XNOR.ai raises $12M and unveils new AI tool

XNOR.ai object recognition

XNOR.ai’s computer vision tool can recognize objects using software that resides on a smartphone rather than in the cloud. (XNOR.ai Illustration)

“AI for Everyone, Everywhere” may sound like a science-fiction slogan, but it’s actually the name given to software from XNOR.ai that’s already making devices smarter in the real world.

The self-service software development platform is a new product for the Seattle startup, which is also announcing a $12 million Series A funding round led by Madrona Venture Group.

XNOR CEO Ali Farhadi says the new investment will help his company, which was spun out from the Allen Institute for Artificial Intelligence last year, develop a high-end version of the “AI for Everyone, Everywhere” platform for enterprise-level applications.

Get the full story on GeekWire.

About Alan Boyle

Award-winning science writer, creator of Cosmic Log, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.
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