Google, Apple and Microsoft have quietly gobbled up more than 100 AI companies in 5 years

Tech giants are hungry for artificial intelligence. In a race to create the best AI tech solutions in an increasingly hot sector, U.S. tech giants like Alphabet’s Google and iPhone maker Apple have been quietly snapping up dozens of artificial intelligence companies over the last five years, according to a recent report from analysis firm CB Insights. According to the firm’s data, which sheds new light on nearly 140 private companies working to advance AI technology have been acquired since 2011, including 40 acquisitions this year. From Google’s Assistant to Apple’s Siri; Microsoft’s Cortana to Facebook chatbots, tech companies appear to be locked in a fierce competition to create autonomous technology that can understand users’ needs, and provide information quickly and reliably, CB Insights noted. The report comes as Silicon…


Link to Full Article: Google, Apple and Microsoft have quietly gobbled up more than 100 AI companies in 5 years