Weekly Refresh: Apple Acquired Xnor.ai, Microsoft's Carbon Action and More

January 21, 2020

seattle

Apple acquired Xnor.ai. The startup focuses on low-power, edge-based AI tools. Sources say the deal set Apple back a cool $200 million. [GeekWire]

AI2 raised $10M. The startup incubator program began in 2014 and launches a few startups every year. These include Blue Canoe and Xnor.ai. [Built In]

Microsoft want to go carbon negative by 2030. The company launched a $1 billion climate innovation fund to accelerate carbon reduction and removal tech. Microsoft also wants to remove all the carbon emitted by their company since it started by the year 2050. [VentureBeat]

Seeq gained $24M. The startup's analytics software allows engineers and scientists to quickly analyze data from their industrial IoT devices. The company plans to use the Series B funding round to grow its international market and expand its sales, marketing and development resources. [Built In]

Uplevel launched and raised $7.5M. Uplevel's product analyzes how software engineers work by using machine learning and organizational science. The company's goal is to help engineers feel appreciated and like their skills are being used well. [Built In]

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