Artificial intelligence has quickly become an integral part of the development strategy of various scientific and technological companies. Because of this, many big companies are starting to buy AI start-ups.
The number of AI start-ups for mergers and acquisitions has grown four times, from 22 in 2013 to 115 in 2017. Among them, Google and Apple bought the most AI start-ups.
Google has bought 14 AI start-ups, and now it has started a new charge. The company's recently acquired companies include the business dialogue platform Banter. The platform helps companies communicate with their customers through some popular communication platforms, such as Facebook Messenger, Twitter, and Snapchat.
In 2017, Google bought startups Halli Labs and Kaggle. Among them, Halli Labs is a India AI start-up company that focuses on building deep learning and machine learning systems. Kaggle, a data science start-up, is committed to gathering data scientists and machine learning enthusiasts to create the most accurate prediction models and market models.
Last year, Google also bought Belarus startups AIMatter. AIMatter has built a AI platform for neural networks and a software development kit (SDK) for identifying and processing images. AIMatter's photo and video editing application Fabby allows users to shoot creative self portraits.
It's no longer a new thing for Google to look at AI start-ups
Since 2012, Google has been trying to buy a promising AI start-up. In 2013, Google acquired DNNresearch, a deep learning and neural network start-up company of University of Toronto computer science department, with a view to upgrading its image search function. In 2014, the search giant also bought $500 million for British learning algorithm start-up DeepMind. Google later renamed the British start-up to Google DeepMind. Google DeepMind's Alfa dog (AlphaGo) can beat the human world champion in Weiqi. In 2016, Google bought Natural Language Processing start-ups API.ai to support the new capabilities of the Google voice assistant, Assistant.
Apple has become a strong rival for Google with its strong financial strength
In the AI bid, Google's most powerful competitor was Apple. In 2010, Apple acquired Siri-which made AI voice assistants popular. Apple was one of the first companies to enter AI. But, In the years since the acquisition of Siri, the pace of mergers and acquisitions has begun to slow. In fact, Apple has even been criticized
Although apple is very cautious and confidential about its acquisition, it is still in the same frequency as Google. At the end of 2017, apple confirmed the acquisition of Pop Up Archive, a start-up in Oakland. The start-up company is responsible for the development and organization of search tools for audio files, using machine learning the voice into text, and Crowdsourcing proofreading transcribe the wrong tasks. In 2017, Apple also acquired several AI start-ups, including the acquisition of RealFace company for 2 million dollars, the acquisition of Lattice company for 200 million dollars, and the acquisition of SensoMotoric Instruments and Regaind company.
Lattice is focused on using AI
The growing demand for AI driven solutions and large data has greatly promoted interest in AI start-ups in various industries.
On the whole, 10 of the largest technology companies have acquired more than 50 AI start-ups. Large enterprises are facing a serious shortage of AI talents, which has become an important obstacle to the popularization of AI. In the future, the competition in the AI field will become more and more intense.