GlobalData: Apple - the main buyer of AI companies

Apple acquired 25 companies related to artificial intelligence and machine learning from 2016 to 2020.

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From 2016 to 2020, Apple acquired 25 companies in the field of artificial intelligence. The largest technology giants (Apple, Google, Microsoft, Facebook) together made 60 such acquisitions. Accenture also made it into the top five. This confirms the priority of AI for the industry.

The largest American technology companies are leading the race to acquire AI-focused firms. According to GlobalData's deal database, Apple acquired 25 AI and machine learning-related companies between 2016 and 2020. Collectively, companies like Apple, Google, Microsoft, and Facebook made 60 acquisitions in the AI technology sector. Accenture, one of the global leaders in professional services and digital technologies, also ranked among the top five largest buyers.Therefore, AI remains a key focus area for tech giants. Startups should develop small and successful AI projects, as competition among IT giants to dominate this field continues.Source: globaldata.com

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GlobalData: Apple - the main buyer of AI companies

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