April 10, 2016
Google, Facebook, Amazon, Apple Grab Artificial Intelligence Startups
Salesforce, which joined the race this year, has already made two major acquisitions: Khosla Ventures-backed MetaMind and open-source machine-learning server PredictionIO.
Over 60% of the AI companies acquired in the last 3 years had VC backing.
More than 20 private companies working to advance artificial intelligence technologies have been acquired in the last 3 years by corporate giants competing in the space, including Google, Amazon, Apple, IBM, Yahoo, Facebook, Intel, and, more recently, Salesforce.
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”).
Whitepaper: Analyzing the Artificial Intelligence Investment Landscape A data-driven look at financing trends, investors, and hot markets within the artificial intelligence ecosystemGoogle has been the most prominent global player, with 5 key acquisitions under its belt (follow all of Google’s M&A activity here, through our real-time Google acquisitions tracker).