List Of Artificial Intelligence & Machine Learning Companies Acquired By Top Giants In 2018

According to IDC, global spending on Artificial Intelligence (AI) and cognitive systems will reach $19 billion by 2018. This is an increase by approximately 54% over the total amount consumed in 2017. Mergers and acquisitions are constantly taking place. 2017 alone witnessed some huge acquisitions like Yahoo was acquired by Verizon, Apple bought Shazam etc. Top consulting company Deloitte predicted that technology acquisitions will accelerate mergers and acquisitions in 2018.

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