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Who is Buying All the AI Startups? Google, Intel, Apple, Twitter and Salesforce

#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.


Salesforce to acquire data center optimization startup Coolan

PCWorld

Salesforce.com has signed a definite agreement to acquire Coolan, the developer of a platform for data center hardware analysis and optimization. The acquisition appears to be designed to help Salesforce boost its own infrastructure for its customer relationship management software. "Once the transaction has closed, the Coolan team will help Salesforce optimize its infrastructure as it scales to support customer growth around the world," Amir Michael, Coolan's cofounder and CEO wrote in a blog post on Thursday. A Salesforce spokeswoman confirmed the acquisition. Financial terms of the deal were not disclosed.


SAP data management startup Winshuttle snapped up by Symphony Technology Group

ZDNet

Winshuttle, a startup focused on SAP-based automaton and data management in the enterprise, has been acquired by private equity firm Symphony Technology Group (STG). STG, which holds roughly $2 billion in assets, says the acquisition will assist the startup in moving from a high-potential technology vendor to a "definitive market leader" in the robotic process automation and data management space. The financial details of the acquisition were not disclosed. Bothell, Washington.-based Winshuttle specializes in solutions for the enterprise related to SAP and data management workflows. The company says that these services can assist in speeding product launches and financial accounting processes, finance, maintenance, data migration projects, and the supply chain.


Review of Knowledge-Based Systems

AI Magazine

The two-volume set entitled "Knowledge-Based Systems (Volume 1, Knowledge Acquisition for Knowledge-Based Systems, 355 pp., and Volume 2, "Knowledge Acquisition Tools for Expert Systems, 343 pp., Academic Press, San Diego, California, 1988), edited by B. R. Gaines and J. H. Boose, is an excellent collection of papers useful to both commercial practitioners of knowledge-based-systems development and research-oriented scientists at specialized centers or academic institutions.


Knowledge Acquisition in the Development of a Large Expert System

AI Magazine

This article discusses several effective techniques for expert system knowledge acquisition based on the techniques that were successfully used to develop the Central Office Maintenance Printout Analysis and Suggestion System (COMPASS). Knowledge acquisition is not a science, and expert system developers and experts must tailor their methodologies to fit their situation and the people involved. Developers of future expert systems should find a description of proven knowledge-acquisition techniques and an account of the experience of the COMPASS project in applying these techniques to be useful in developing their own knowledge-acquisition procedures.