Author Topic: Rise of the Artificial Intelligence  (Read 1931 times)

wiredlife

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Rise of the Artificial Intelligence
« on: October 18, 2016, 02:19:46 PM »
Leading companies in tech / internet have been investing in various areas of AI for several years, but these efforts began to ramp up in
the last few years and early commercial products are now coming to market. M&A activity in the AI industry has been on the rise, as illustrated by the 17 deals made in the sector in Q3 2016? when analyzing who is most active in making these purchases, we found that

GOOGL stands alone with 9 purchases of AI companies made during this 5 year period, far greater than other notable companies not only is GOOGL active, but its deals are significant, evidenced by the $400mn purchase of DeepMind, a company that actually ranks on this list with two purchases of its own if the growth prospects for the industry materialize, GOOGL should seemingly find itself in a beneficial position?.