What Drives Google's AI Start-up Acquisition Spree?

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Infographic: Google’s AI Start-up Acquisition Spree

Priya Singh·Published 2017-10-17T05:30:00.000+05:30Updated 2024-12-30T05:30:00.000+05:30

Key takeaways

Google has acquired the most AI start-ups, leading with 12 acquisitions since 2012.
Alphabet Inc. is heavily investing in AI, spending nearly $1 billion on various initiatives this year.
The competitive landscape includes major players like Apple, Facebook, and Microsoft, but Google remains ahead.

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Over 200 private AI-based companies have been acquired since 2012 and Google leads the acquisitions with 12, way ahead of Apple, Facebook and Microsoft, its stiffest competitors. Google’s parent company, Alphabet Inc., has aggressively been investing in acquiring AI start-ups. Moreover, its quarterly earnings report this year noted that it spent nearly $1 billion on ‘other bets’. Read the full story here.