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).
• The Race For AI: Google, Intel, Apple In A Rush To Grab Artificial Intelligence Startups (CB Insights)
Just in time for the holidays, the China Law Blog (previously) rounds up the three most common scams in China that target foreign firms: "Come to China and celebrate our deal" (foreign business person concludes a deal, goes to China, and is roped into paying for a banquet, gifts for the Chinese company boss, and […]
I have but one question. Are they hiring? Sounds like a great place to work.
Chris Knight recorded a video of the bees in his backyard and wanted to accompany it with a rendition of Nikolai Rimsky-Korsakov's 1899 composition "The Flight of the Bumblebee."
The good news: Software like Adobe Premiere Pro, Camtasia and Final Cut Pro has opened up a ton of possibilities for desktop videographers. On the other hand, their use is so widespread that you have to be an expert in them before you can even think about a career in the field. That’s a requirement […]
There are a lot of high-tech drones and RC planes flooding the market lately, and the innovations are coming so fast on each new iteration, most of them forget one crucial thing: Flying these is supposed to be fun. Here’s an alternative that keeps that ethic firmly in mind: The Moskito Smartphone-Controlled Plane. This thing […]
There are few intellectual exercises better than a good game of chess against a capable opponent, which is why a lot of old hands at the gameplay it online. But there’s still nothing like the tactile thrill of moving a knight into checkmate. (Or sweeping the pieces off dramatically when you lose.) That’s why we’re […]