Big Companies Are Acquiring AI Startups In Droves

Any startup developing an innovative product that grabs market share or creates a niche becomes a target of acquisition. The buyer gets access to the startup’s customers, latest products and portfolio upon acquisition. The majority of promising startups in the AI world are being gobbled up. In 2020, Facebook, Apple, Microsoft, Amazon and Google acquired a total of 13 AI startups.

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Big Companies Are Acquiring AI Startups In Droves