AI Acquisitions Accelerating Enterprise Use Cases and Adoption

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3Q 2017 | IN-4644

 

Large Software Companies Eyeing AI-Related Startups to Accelerate Internal Programs

NEWS


Artificial intelligence (AI) applications outside of the academic research lab are in a nascent stage. The first enterprise market adoption for AI-powered applications has been predictive data analytics using machine learning (ML) algorithms.

Several of the academic efforts have formed businesses and commercialized AI-based products and services to monetize their research. Larger companies, to accelerate their own AI program development, have increased investments to acquire AI talent and assets of these startups.

Thirteen Large Brands Invest US$4.2 Billion+ in AI-Related Startups

IMPACT


Many of the large suppliers of enterprise solutions are building out their AI capabilities through acquisition. Thirteen large brands are highlighted here for their purchases of ML specialists and conversational interface companies serving the B2B and enterprise market.

AI Type Acquired Acquired by Financials

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