From Apple To Microsoft: The Top 10 Acquirers Of AI, ML Firms
Ten tech companies have acquired a total of more than 100 artificial intelligence and machine learning companies since 2017. Here’s the 10 companies that have purchase the most AI and ML companies, according to a new PitchBook report.
No. 1: Apple
Number Of AI & ML Acquisitions Since 2017: 21
Apple has acquired more AI and ML companies than anyone else in the world, according to PitchBook’s report. The iPhone giant and technology conglomerate has been acquiring AI and ML companies over the past several years to boost and broaden its growing portfolio. Some of its more important acquisitions in this space include AI edge computing startup Xnor.ai; AI-powered video analyzer specialist Vilynx; and machine learning content specialist Laserlike.
Most Recent AI & ML Acquisition: In March, Apple acquired WaveOne, a developer of AI algorithms for compressing videos. WaveOne provides “content-aware” video compression and decompression algorithm technology that could run on the AI accelerators built into phones and PCs.