Biggest AI Acquisitions For The Year 2020, So Far

Biggest AI Acquisitions For The Year 2020, So Far

Every year, many AI companies get acquired, especially the promising startups that get gobbled up by large tech companies in order to expand their AI capabilities.

Although the year 2020 started with a crisis, the technology landscape has drastically gained its momentum, and artificial intelligence has played a crucial role amid this pandemic. And that’s why the majority of companies are trying to get their hands on this technology, either by hiring AI and analytics experts or by acqui-hiring AI startups.

Every year, many AI companies get acquired, especially the promising startups that get gobbled up by large tech companies in order to expand their AI capabilities. Similarly, this year also saw many exciting mergers and acquisition in the AI space, despite the COVID pandemic. 

Here are the top AI acquisitions of 2020, so far — in random order:

Apple Acquired Xnor.ai

In January 2020, Apple announced that the company had acquired an edge-based AI startup — Xnor.ai for a reported $200 million. The company, Xnor.ai, employs machine learning and image recognition tools for delivering AI capabilities on low-resource edge devices and has been one of the promising AI companies to acquire. The acquisition by Apple was an attempt to direct its efforts towards edge computing to keep user information more private and speed up processing. Not only edge-based computing brings back the data from the cloud to the device, improving the response times, but also allows for faster programs that would use significantly fewer data.


opinions acquis acquisition acquisition india ai

Bootstrap 5 Complete Course with Examples

Bootstrap 5 Tutorial - Bootstrap 5 Crash Course for Beginners

Nest.JS Tutorial for Beginners

Hello Vue 3: A First Look at Vue 3 and the Composition API

Building a simple Applications with Vue 3

Deno Crash Course: Explore Deno and Create a full REST API with Deno

How to Build a Real-time Chat App with Deno and WebSockets

Convert HTML to Markdown Online

HTML entity encoder decoder Online

What Does India Need In Place To Implement Nationwide AI Systems Across Sectors?

India's AI revolution will require new architecture designs and upgraded technologies to make real-time decisions in an efficient manner. To integrate AI with Indian sectors, it will need a nationwide strategy that is centred on uniform AI standards and practices.

India's Leading Organisations Under MeitY Which Are Driving AI For India

India's Leading Organisations Under MeitY Which Are Driving AI For India. In this article, we take a look at very MeitY organisations which are advancing India’s AI stack.

Uber’s Success Is Deeply Tied To Its Success In India: Shirish Andhare

Using technology, Uber India has been trying to transform the mobility landscape and change how people move around in the country.

Can AI Now Defer Human Decisions? - Analytics India Magazine

MIT researchers developed an AI and ML system that can not only diagnose medical conditions but can also defer human decisions.

Hire Android App Developer India - Mobile App Development India

Hire android app developer from India. We provide dedicated android app developer with flexible hiring models for your Android app development.