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. 10: Oracle
Number Of AI & ML Acquisitions Since 2017: 7
Oracle delivers a broad AI portfolio integrated in its cloud applications on a best-in-class AI infrastructure and with generative AI innovations. Some of Oracle’s most notable acquisitions in this space over the past few years include ML platform company Nor1 and cloud-based AI data engine owner DataFox. The Austin, Texas-based software giant recently unveiled it is developing a new cloud AI service via a partnership with generative AI startup Cohere.
Most Recent AI & ML Acquisition: In December 2022, Oracle completed the acquisition of Newmetrix assets from Smartvid.io, with Newmetrix technology aiming to reduce project risk through an industry-tuned AI platform called Vinnie. The acquisition included specific IP underlying Newmetrix’s AI-enabled construction safety product suite which Oracle incorporated into its Construction Intelligence Cloud.