5 tech firms racing to invest in AI startups

Through massive investments in artificial intelligence (AI) startups, the world's leading tech firms are racing to create markets to transform the economic landscape. According to a report by CB Insights, since 2011 mergers and acquisition activity in the sector has increased sevenfold, with most startups being acquired in the first four years of their initial financing round. In 2016, AI startups drew significant attention, with $1.05 billion pouring in during the third quarter. Here is a look at some of the many tech firms that are investing in AI research in order to capitalize on the shifting digital market. One of the most active tech investors since 2011 is Alphabet.