Alphabet leads AI acquisitions, Microsoft and Apple trail

Dive Brief:

  • Google’s parent company Alphabet has had the most artificial intelligence acquisitions, ahead of Microsoft, Apple, Intel and Salesforce, according to data from research firm Quid, reports Recode.

  • Though not all companies are making acquisitions, many organizations are investing heavily in AI. Intel has invested in 81 AI-related companies, the most of any of its competitors. Telefónica, Softbank and Qualcomm are also big AI investors, as are venture capital firms such as Y Combinator, Sequoia Capital and Andreessen Horowitz, Quid research reveals.

  • Organizations have continued to heavily invest in enterprise insights, the main investment area in AI since 2013. But this year, companies are also investing in AI that offers solutions for financial institutions, retail product recommendations and virtual assistants. 

Dive Insight:

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