Google’s AI Start-up Acquisition Spree Says A Lot About Its Future Plans

Nice insights about the kind of activity in the AI space.

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’.