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The Race For AI: Google, Twitter, Intel, Apple In A Rush To Grab Artificial Intelligence Startups

#artificialintelligence

Nearly 140 private companies working to advance artificial intelligence technologies have been acquired since 2011, with over 40 acquisitions taking place in 2016 alone (as of 10/7/2016). Corporate giants like Google, IBM, Yahoo, Intel, Apple and Salesforce, are competing in the race to acquire private AI companies, with Samsung emerging as a new entrant this month with its acquisition of startup Viv Labs, which is developing a Siri-like AI assistant. Google has been the most prominent global player, with 11 acquisitions in the category under its belt (follow all of Google's M&A activity here through our real-time Google acquisitions tracker). In 2013, the corporate giant picked up deep learning and neural network startup DNNresearch from the computer science department at the University of Toronto. This acquisition reportedly helped Google make major upgrades to its image search feature.


The Race For AI: Google, Twitter, Intel, Apple In A Rush To Grab Artificial Intelligence Startups

#artificialintelligence

Nearly 140 private companies working to advance artificial intelligence technologies have been acquired since 2011, with over 40 acquisitions taking place in 2016 alone. Corporate giants like Google, IBM, Yahoo, Intel, Apple and Salesforce, are competing in the race to acquire private AI companies, with Samsung emerging as a new entrant in October with its acquisition of startup Viv Labs, which is developing a Siri-like AI assistant, and GE making 2 AI acquisitions in November. Google has been the most prominent global player, with 11 acquisitions in the category under its belt (follow all of Google's M&A activity here through our real-time Google acquisitions tracker). In 2013, the corporate giant picked up deep learning and neural network startup DNNresearch from the computer science department at the University of Toronto. This acquisition reportedly helped Google make major upgrades to its image search feature.


The Race For AI: Google, Twitter, Intel, Apple In A Rush To Grab Artificial Intelligence Startups

#artificialintelligence

Nearly 140 private companies working to advance artificial intelligence technologies have been acquired since 2011, with over 40 acquisitions taking place in 2016 alone (as of 10/7/2016). Corporate giants like Google, IBM, Yahoo, Intel, Apple and Salesforce, are competing in the race to acquire private AI companies, with Samsung emerging as a new entrant this month with its acquisition of startup Viv Labs, which is developing a Siri-like AI assistant. Google has been the most prominent global player, with 11 acquisitions in the category under its belt (follow all of Google's M&A activity here through our real-time Google acquisitions tracker). In 2013, the corporate giant picked up deep learning and neural network startup DNNresearch from the computer science department at the University of Toronto. This acquisition reportedly helped Google make major upgrades to its image search feature.


The Race For AI: Google, Twitter, Intel, Apple In A Rush To Grab Artificial Intelligence Startups

#artificialintelligence

Corporate giants like Google, IBM, Yahoo, Intel, Apple and Salesforce, are competing in the race to acquire private AI companies, with Samsung emerging as a new entrant this month with its acquisition of startup Viv Labs, which is developing a Siri-like AI assistant. In 2014 Google acquired British company DeepMind Technologies for some 600M (Google DeepMind's program recently beat a human world champion in the board game "Go"). This year, it acquired visual search startup Moodstock, and bot platform Api.ai. Salesforce, which joined the race last year with the acquisition of Tempo AI, has already made two major acquisitions this year: Khosla Ventures-backed MetaMind and open-source machine-learning server PredictionIO.


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

#artificialintelligence

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.