Every now and then, Apple pronounces the acquisition of one other firm or startup, however now, new analysis from GlobalData exhibits that Apple is in truth investing closely in synthetic intelligence. The analysis reveals that Apple has acquired extra AI corporations than anybody else between 2016 and 2020.
Apple comes forward of corporations like Accenture, Google, Microsoft, and Fb on the subject of the acquisition of corporations and startups specializing in AI. In 5 years, Apple has purchased 25 AI corporations, whereas Google has purchased 14.
When contemplating the info from Apple, Google, Microsoft, and Fb mixed, greater than 60 of AI corporations have been acquired between 2016 and 2020. “AI has remained a key focus space for tech giants and rising competitors to dominate the house has resulted in an acquisition spree amongst these corporations,” stated GlobalData.
With the advances in applied sciences that depend on synthetic intelligence, starting from digital assistants to neural engines, it’s anticipated that these large tech corporations would spend money on such class. As for Apple, many of the acquisitions appear to be associated to enhancing Siri, as famous by Nicklas Nilsson, Senior Analyst on the Thematic Analysis Crew at GlobalData.
Apple has gone on a purchasing spree in efforts to meet up with Google (Google Assistant) and Amazon (Alexa). Siri was first in the marketplace, but it surely persistently ranks beneath the 2 when it comes to “smartness”, which is partly why Apple is much behind in sensible speaker gross sales. Apple additionally need to be sure that to maintain its sturdy place inside wearables. It’s the dominant participant in smartwatches. The acquisition of Xnor.ai final yr was made to enhance its on-edge processing capabilities, which has change into essential because it eliminates the necessity for knowledge to be despatched to the cloud, thereby enhancing knowledge privateness.
After all, there are investments in different areas as effectively. Lighthouse AI, a house safety digicam startup, was acquired by Apple in 2019, whereas Drive.ai, additionally acquired in 2019, had a number of applied sciences associated to autonomous autos. As at all times, Apple doesn’t element the aim of every acquisition.
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