Tech Innovations and Market Shifts

Apple has acquired a pretty interesting AI startup, the Chromium-based Edge browser is here, but there is trouble in Mozilla land, Fitbit is first to market with blood oxygen monitoring, the state of the app economy and ‘instant’ weather forecasts from Google.

Sponsor:

• Metalab.co

Links:

• Exclusive: Apple acquires Xnor.ai, edge AI spin-out from Paul Allen’s AI2, for price in $200M range (GeekWire)
• XNOR.ai frees AI from the prison of the supercomputer (TechCrunch)
• Microsoft launches Chromium Edge for Windows 7, Windows 8, Windows 10, and macOS (VentureBeat)
• Mozilla lays off 70 as it waits for new products to generate revenue (TechCrunch)
• Fitbit quietly enables blood oxygen tracking on its wearables (Engadget)
• Venture capital slowly seeps outside of Silicon Valley (Axios)
• App stores saw record 204 billion app downloads in 2013, consumer spend of $120 billion (TechCrunch)
• Google says new AI models allow for ‘nearly instantaneous’ weather forecasts (The Verge)

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