Apple On A Buying Spree, Banking On AI Startups

For many years now, we are witnessing a tectonic shift in how technology is being used to revolutionise major sectors around the world. One of the most prominent keywords that keep popping up now and then is the'artificial intelligence revolution.' Tech giants such as Google, Microsoft, Facebook, Apple, etc., have shown deep interest in not just adopting AI but also acquiring AI startups, which has become the new normal. Apple is winning the race with the'You Start, I Purchase' mindset. The number of acquisitions it has made, without much pomp and shows over a short span of three to four years, is remarkable. Nevertheless, it is a win-win situation for both Apple as well as the startups. "Apple buys a new company every two or three weeks."