The Race For AI: Google, Twitter, Intel, Apple In A Rush To Grab Artificial Intelligence Startups

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Nearly half of the AI companies acquired since 2011 have had VC backing.

Nearly 140 private companies working to advance artificial intelligence technologies have been acquired since 2011, with over 40 acquisitions taking place in 2016 alone (as of 10/7/2016). Corporate giants like Google, IBM, Yahoo, Intel, Apple and Salesforce, are competing in the race to acquire private AI companies, with Samsung emerging as a new entrant this month with its acquisition of startupĀ Viv Labs, which is developing a Siri-like AI assistant.

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