Tech giants are acquiring more AI startups, data shows.

Most have resulted in a new product or an existing product's enhancement.


Alfred Lee

27 Jul, 2020

Tech giants are acquiring more AI startups, data shows. | BEAMSTART News

- From our Sponsors -

Artificial Intelligence is on the rise, and many AI startups are aggressively being bought up by tech giants: Apple, Google, Microsoft, Facebook, and Amazon.

According to data compiled by CB Insights, these tech giants have bought a total of 59 AI startups since 2010.

Most of these acquisitions have led to the launch of a new product, or significant enhancements to existing products.

Data of AI startup acquisitions by tech giants.

Stiff competition between these tech companies have also led to more aggressive acquisitions taking place in the recent years.

As of right now, Apple is leading with the most number of acquisitions (20), followed by Google (14), Microsoft (10), Facebook (8), and lastly Amazon (7).

With devices becoming more powerful over the years, the true potential of AI is slowly being unlocked, possibly resulting in a larger number of acquisitions in the coming years.

- From our Sponsors -

Latest Jobs

Product Manager

SmartAsset

New York, United States

Full Time

USD 99000 — USD 175000 yearly

Senior Product Designer

Moonvalley

Toronto, Canada, United States

Full Time

USD 150000 — USD 200000 yearly

Senior Full Stack Software Engineer

Turing Labs Inc.

New York, United States

Full Time

USD 125000 — USD 210000 yearly

Customer Onboarding Specialist (Remote)

Fathom

San Francisco, United States

Full Time

USD 90000 — USD 125000 yearly

Technical Recruiter (Contract to Hire)

Pocket Worlds

Austin, TX, United States

Full Time

Salary Undisclosed

Senior Product Designer

Community Phone Company

Boston, United States

Full Time

USD 80000 — USD 140000 yearly

Senior Product Manager

Pulley

San Francisco, United States

Full Time

Salary Undisclosed

Senior Software Engineer

Infracost

Edinburgh, United Kingdom, United States

Full Time

USD 80000 — USD 140000 yearly

Software Engineer

NewsCatcher

Paris, France, United States

Full Time

USD 30000 — USD 60000 yearly

Software Engineer Intern

Luca

San Francisco, United States

Internship

USD 4000 — USD 6000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2024 BEAMSTART. All Rights Reserved (Legal).