In the current acquisition binge around artificial intelligence, tech behemoths with deep pockets lead the way, including Google, Apple, Facebook, Amazon, Intel, Microsoft, Twitter, and Salesforce. The only one with a limited consumer-facing presence is social monitoring firm Meltwater.
This list comprises companies that have made four or more recent acquisitions, but there is plenty of movement in other industries as well. Via CB Insights:
AI startups are acquisition targets not only for big tech companies, but also for traditional insurance, retail, and healthcare incumbents.
In one of the largest M&A deals in artificial intelligence, Roche Holding acquired NY-based Flatiron Health for $1.9B in Feb’18. The only other disclosed $1B+ AI exit was Ford’s acquisition of auto tech startup Argo AI in 2017.
Google is the top acquirer of AI startups, with 14 acquisitions under its belt (excluding Kaggle, a data science community that hosts machine learning competitions).
Surveillance capitalism sucks: it improves the scattershot, low-performance success-rate of untargeted advertising (well below 1 percent) and doubles or triples it (to well below 1 percent!).
With Trump poised to exact high tariffs on goods from China, it’s tempting to declare the gadget party over: everyone is going to pay through the nose for electronics, from makers to Apple, and that’s the end of the story, right?
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Like peanut butter and jelly, some things are just meant to be together. DevOps (a shortened compound of development and operations) is tech industry’s equivalent of a pb&j sandwich. Through combining development and operations teams into one, companies are able to rapidly churn out products and services and improve them faster than if the teams […]
Robot vacuums have been around for a while, but the technology has been somewhat hit-or-miss. All too often, these machines get stuck, miss spots, or simply don’t work the way you need them to. The ECOVACS DEEBOT Slim2 Robotic Vacuum Cleaner, however, is designed with a myriad of smart features to make it more autonomous […]
There are some things you can get away with winging, but leading a business isn’t one of them. The reality is that when it comes to making big decisions, corporate big wigs and small business owners alike rely on data-driven insights to lead their ventures in the right direction. That’s why taking the time to […]