Large Companies Are in Bidding War for AI Startups

Bidding War for AI Startups More than 200 companies developing AI technologies and algorithms are acquired across different industries since 2012, a report by CB Insights says. During the first quarter of this year a total of 34 AI companies are bought with corporate behemoths like Apple, Google, Intel, Salesforce, and Yahoo competing hard to take over startups that use AI algorithms.

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