Apple Bought the Most AI Companies From 2016 to 2020
Tuesday, 03 30 2021, Category: Technology, Country: World
Apple is the leading buyer of companies in the global artificial intelligence space, according to data shared today by GlobalData. From 2016 to 2020, Apple acquired the highest number of AI companies, beating out Accenture, Google, Microsoft, and Facebook, all of whom also had a high number of AI acquisitions.
Over the course of the last several years, Apple has bought companies like Emotient, Turi, Glimpse, RealFace, Shazam, SensoMotoric, Silk Labs, Drive.ai, Laserlike, SpectralEdge, Voysis, XNOR.ai, and more, all with the aim of improving the AI and machine learning capabilities of its products and services.
Apple does not make all of its acquisitions public, so it's possible there are other artificial intelligence companies that Apple has purchased that have gone under the radar.
During Apple's February shareholders meeting, Apple CEO Tim Cook said that Apple had acquired close to 100 companies over the course of the last six years. "We're not afraid to look at acquisitions of any size," said Cook. "Focus is on small, innovative companies that complement our products and help push them forward."