Thursday, February 2, 2017

Xnor.ai Gets $2.6M For Mobile AI Software

Seattle-based Xnor.ai, a developer of artificial intelligence software that allows AI software to run efficiently on mobile and other portable devices, said today that it has raised $2.6M in a seed funding round. The funding came from Madrona Venture Group, along with the Allen Institute for Artificial Intelligence. The startup is a spinout of the Allen Insitute. Xnor.ai was co-founded by Ali Farhadi, CEO and Mohammad Rastegari, CTO.