Mergers & Acquisitions


News Highlights : Top Company News of the Day

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Baidu says it will share software technology it is developing for self-driving cars in a bid to catch up with competitors including General Motors and Waymo, the self-driving unit of Google-parent Alphabet Inc.


Expert predicts date when 'sexier and funnier' humans will merge with AI machines

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Humans and Artificial Intelligence (AI) will merge in an event known as'the singularity' by 2045, a Google executive has predicted.


Intel races ahead in autonomous cars with $15.3 billion Mobileye buy

PCWorld

Intel has shifted its self-driving car efforts into high gear with a $15.3 billion deal to acquire computer vision and collision-avoidance company MobileEye.


Intel to acquire self-driving firm Mobileye for $15 billion

Boston Herald

Intel announced Monday it will acquire Mobileye in a deal worth about $15 billion, as the tech giant makes a deeper push into the growing self-driving vehicle market.


Intel to acquire self-driving firm Mobileye for $15 billion

USATODAY

Intel announced Monday it will acquire Mobileye in a deal worth about $15 billion, as the tech giant makes a deeper push into the growing self-driving vehicle market.


Element AI acquires MLDB.ai open source machine learning database

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Element AI has acquired the entire team at MLDB.ai, an open source machine learning database.


Taser bought two computer vision AI companies

Engadget

Law enforcement agencies across the country are adopting body-worn cameras as a means both of increasing their transparency with the public and generating actionable feedback to improve officer performance. Problem is, all these body cams produce terabytes of data daily, far more than many departments can effectively handle. That's why Taser (yes those guys, they make body cameras too) announced on Thursday that it has acquired a pair of companies that specialize in computer- and machine-vision to create the "Axon AI" group. Together, they'll develop a platform that can efficiently parse this flood of data in real time.


Zuckerberg charity buys artificial intelligence startup to battle disease

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SAN FRANCISCO: A charitable foundation backed by Mark Zuckerberg and his wife has said it has bought a Canadian artificial intelligence startup as part of a mission to eradicate disease. The Chan Zuckerberg Initiative did not disclose financial terms of the deal to acquire Toronto-based Meta, which uses AI to quickly read and comprehend scientific papers and then provide insights to researchers. Zuckerberg and his doctor wife, Priscilla Chan, in September pledged $3 billion over the next decade to help banish or manage all disease, pouring some of the Facebook founder's fortune into innovative research. "This is a big goal," Zuckerberg said at a San Francisco event announcing the effort of the philanthropic entity established by the couple in 2015.


Google buys University of Toronto startup

AITopics Original Links

Google has acquired a University of Toronto startup to improve its speech and object recognition research, the university announced this week.


How man will merge with machines: Elon Musk reveals he thinks we will become 'AI-human symbiotes'

Daily Mail

Elon Musk has dipped into the age-old adage, 'if you can't beat'em, join'em', advising that this is just what humans should do in order to prevent an eventual robot uprising.