Samsung Betting Big On Artificial Intelligence, Looking To Spend $1B Acquiring AI Companies: Report

Samsung is apparently ready to bet big on artificial intelligence, with a massive amount of money set aside for buying more AI companies. Artificial intelligence is rapidly gaining ground and it's playing an increasingly bigger role in people's everyday lives. From smart digital assistants to all sorts of gadgets, robots, infotainment systems and more, AI is shaping up as a cornerstone of modern technology and it adds convenience in virtually every technology area. We've seen an impressive growth in the artificial intelligence field in recent years and the trend is gaining momentum still, with more companies embedding AI technology into more products and areas. Samsung itself is expected to take a big AI plunge with a smart assistant called Bixby, presumably set to grace the next-generation Samsung Galaxy S8 flagship.