Apple Acquires More AI Startups Than Any Other Tech Company

The market for artificial intelligence has exploded over the last decade. While platforms such as Amazon's Alexa, Apple's Siri, Google's Assistant, and Microsoft's Cortana have dominated the market, these companies have not been the source of that growth. Instead, stiff competition between the biggest corporations has led to aggressive acquisitions of AI startups. According to data compiled by CB Insights, there have been a total of 635 artificial intelligence acquisitions between 2010 and September 2019. Those purchases also increased six times over from 2013 to 2018, with 166 acquisitions in 2018 alone--a 38 percent increase year over year.