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

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


""Yes, it’s official: TechCrunch is hosting its on space-focused tech event on June 25 in LA. This will be a one-day, high-profile program featuring discussions with the top companies and people in space tech, startups and investment. We’ll be revealing more about programming over the next few months, but if you get in now you can guarantee your spot.n”,”protected”:false},”excerpt”:”rendered”:”

Max Q is a new weekly newsletter all about space. Sign up here to receive it weekly on Sundays in your inbox. We’re off and running with good milestones achieved for NASA’s commercial crew program, which means it’s more likely than ever we’ll actually see astronauts launch from U.S. soil before the year is out. 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Week in Apps: App trends from 2019, Pinterest tops Snapchat, Disney+ hits No. 1 in Q4″,”content”:{“rendered”:”

Welcome back to This Weeku00a0in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all.n

The app industry is as hot as ever with au00a0record 204 billion downloads in 2019 and $120 billion in consumer spending in 2019, according to App Annie’s recently released “State of Mobile” annual report. People are now spending 3 hours and 40 minutes per day using apps, rivaling TV. Apps aren’t just a way to pass idle hours u2014 they’re a big business. In 2019, mobile-first companies had a combined $544 billion valuation, 6.5x higher than those without a mobile focus.n

In this Extra Crunch series, we help you to keep up with the latest news from the world of apps, delivered on a weekly basis.n

This week, we dig into App Annie’s new “State of Mobile 2019” report and other app trends. We’re also seeing big gains for TikTok in 2019 and Disney+ in Q4. Both Apple and Google announced acquisitions this week that have implications for the mobile industry, as well.



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