Major AI and Machine Learning Acquisitions of 2018 Analytics Insight

According to IDC, global spending on Artificial Intelligence (AI) and cognitive systems will reach $19 billion by 2018. This is an increase by approximately 54% over the total amount consumed in 2017. Mergers and acquisitions are constantly taking place. We all know that AI is creating new opportunities in every sector be it healthcare or travel. So, companies all around the world are enchasing on such opportunities to offer much-improved products or services to consumers through mergers and acquisitions.