Apple has been on a synthetic intelligence acquisition spree over the previous few years, and one analysis agency has the stats to show it.
As reported by, GlobalData has posted a report detailing a breakdown of probably the most AI-related acquisitions per firm from 2016 to 2020 and Apple has landed on high, beating out different main tech firms like Google, Microsoft, and Fb. It isn’t stunning since Apple CEO Tim Cook dinner revealed the corporate has made virtually 100 acquisitions over the past six years.
Throughout Apple’s February shareholders assembly, Apple CEO Tim Cook dinner stated that Apple had acquired near 100 firms over the course of the final six years. “We’re not afraid to have a look at acquisitions of any measurement,” stated Cook dinner. “Focus is on small, revolutionary firms that complement our merchandise and assist push them ahead.”
GlobalData analyst Aurojyoti Bose notes that of the 60 AI acquisitions made by the massive 4 tech firms over that interval, Apple has made virtually half of them.
“Apple, Google, Microsoft and Fb collectively undertook 60 acquisitions within the AI tech house throughout 2016-2020 whereas Apple led the race with 25 acquisitions. 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 firms.”
Bose goes on to say that a lot of the acquisitions are makes an attempt by Apple to enhance, its good assistant that, regardless of being the primary to market, has persistently ranked behind the Google Assistant and Alexa.
“Apple has gone on a purchasing spree in efforts to meet up with Google (Google Assistant) and Amazon (Alexa). Siri was first available on the market, however it persistently ranks beneath the 2 by way of “smartness”, which is partly why Apple is much behind in good speaker gross sales. Apple additionally wish to be certain to maintain its sturdy place inside wearables. It’s the dominant participant in smartwatches. The acquisition of Xnor.ai final 12 months was made to enhance its on-edge processing capabilities, which has turn into essential because it eliminates the necessity for information to be despatched to the cloud, thereby enhancing information privateness.”
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It isn’t a shock to see Apple investing closely in synthetic intelligence. John Giannandrea, who Apple recruited from Google a couple of years in the past, has taken over merchandise like Siri and the corporate’s.