Google, Apple, Facebook, and Intel Battle for AI Supremacy

I am sure by now, you have heard the phrase that has been thrown around quite a lot by mostly, venture capitalists: "Artificial Intelligence (AI) is the new mobile." The reason why this phrase has been echoed in the tech industry is to emphasize that AI is not a short-lived fad, rather a revolution like mobile. More importantly, they seem to be right as in the last five years, giant tech companies have been pouring money into this technology. In fact, over 200 private companies using AI algorithms across different verticals have been acquired since 2012, with over 30 acquisitions taking place in Q1'17 alone. The acquisitions of AI startups are getting feisty, too.