Technology industry artificial intelligence deals total $2.6bn globally in July 2022

Total Technology industry artificial intelligence deals worth $2.6bn were announced globally for July 2022, with the $1.46bn acquisition of 17.9% stake in Tsinghua Unigroup being the sector's biggest investment, according to GlobalData's deals database. Copy and paste the image source into your website to display the chart. The value marked a decrease of 53.7% over the previous month of $5.59bn and a drop of 66.6% when compared with the last 12-month average of $7.76bn. In terms of number of artificial intelligence deals, the sector saw a drop of 69.61% with 93 deals in July 2022 when compared to the last 12-month average of 306 deals. In value terms, Asia-Pacific led the activity with artificial intelligence deals worth $1.77bn in July 2022.