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Screenshot: Xnor.ai

Apple confirmed to Axios it has purchased Xnor.ai, a Seattle-based startup that specializes in putting artificial intelligence on devices rather than via centralized servers.

Why it matters: Doing AI work on devices is a key trend, especially for Apple, as it makes it easier to offer privacy protections. Apple, for example, does all of its automated tagging and categorization of photos on its devices.

What they're saying: "Apple buys smaller technology companies from time to time and we generally do not discuss our purpose or plans," the company told Axios, offering the tell-tale statement it gives when it makes an acquisition.

Seattle-based tech site GeekWire first reported the deal earlier Wednesday, pegging the purchase price at $200 million.

Go deeper:

Go deeper

In photos: Protesters rally for George Floyd ahead of Derek Chauvin's trial

Chaz Neal, a Redwing community activist, outside the Minnesota Governor's residence during a protest in support of George Floyd in St.Paul, Minnesota, on March 6. Photo: Kerem Yucel/AFP via Getty Images

Dozens of protesters were rallying outside the Minnesota governor's mansion in St Paul Saturday, urging justice for George Floyd ahead of former Minneapolis police officer Derek Chauvin's trial over the 46-year-old's death.

The big picture: Chauvin faces charges for second-degree murder and manslaughter over Floyd's death last May, which ignited massive nationwide and global protests against racism and for police reform. His trial is due to start this Monday, with jury selection procedures.

Biden says $1,400 stimulus payments can start going out this month

Photo: Samuel Corum/Getty Images

President Biden said Saturday that the Senate passage of his $1.9 trillion COVID relief package means the $1,400 direct payments for most Americans can begin going out later this month.

Driving the news: The Senate voted 50-49 Saturday to approve the sweeping legislation. The House is expected to pass the Senate's version of the bill next week before it heads to Biden's desk for his signature.

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