Apple Acquires More AI Startups Than Any Other Tech CompanyApple is leading the AI arms race by acquiring more artificial intelligence companies than Google or Amazon, but does that equal long-term success?

ByJason Cohen

This story originally appeared onPCMag

via Statista/PC Mag

The market for artificial intelligence has exploded over the last decade. While platforms such as Amazon's Alexa, Apple's Siri, Google's Assistant, and Microsoft's Cortana have dominated the market, these companies have not been the source of that growth. Instead, stiff competition between the biggest corporations has led to aggressive acquisitions of AI startups.

According to data compiled byCB Insights, there have been a total of 635 artificial intelligence acquisitions between 2010 and September 2019. Those purchases also increased six times over from 2013 to 2018, with 166 acquisitions in 2018 alone—a 38 percent increase year over year. For companies like Apple, Google, and the rest, these purchases can almost always be linked back to a new product or feature.

Related:Italy is Launching an Antitrust Investigation Into Amazon and Apple

Leading the chargeis Apple, with 20 acquisitions since the 2010 purchase of Siri. As an example, the tech giant acquired Novauris Technologies and Voysis to improve speech recognition of its voice assistant platform. Apple has also bought companies including Perceptio and RealFace to develop its Apple ID technology.

Google follows with 14 acquisitions in the same time period, though it once led all tech companies in artificial intelligence acquisitions, between 2012 and 2016. Google grabbed DeepMind Technologies to develop applications for artificial intelligence. It also acquired companies including Api.ai and Superpod to strengthen Google Assistant's capabilities.

Microsoft has bought 10 startups, Facebook has acquired eight, and Amazon purchased seven in total. Of the 489 companies to buy an AI startup over the last decade, 431 of them purchased only one company. That means these tech giants—and Apple, specifically—are dominating this AI arms race.

Related:How to Use Your iPad as a Second Monitor on Any Computer

Unfortunately for Apple, it doesn't seem like all this spending has resulted in an AI platform that dominates the market. According to theVoice Platform Impact Ranking, which factors in both consumer adoption and ecosystem support, Siri has fallen behind the competition. On a scale of -250 to 250, Alexa currently scores at 110.2 and Google scores at 97.3, while Siri sits at a mere 38.3 in front of Samsung's Bixby.

到目前为止,Siri生态系统未能扩大yond the iOS operating system. Meanwhile, Google Home and Amazon Echo devices feature robust support from many third parties. It would seem that money spent doesn't necessarily equal long-term growth or success, but Apple continues to make acquisitions in 2020.

Wavy Line

Editor's Pick

Related Topics

Business News

'Treat People the Way You Want to be Treated': Pilot Goes Viral For Rant Directed at 'Selfish' Passengers

The American Airlines pilot wasn't tolerating any unruly behavior.

Business News

Chinese Zoo Denies That Bear in Enclosure Is Really a Human in Costume

The bear has created a frenzy on social media.

Business News

'Life of a Girl Dad:' Mark Zuckerberg Rocks Face Gems and Beaded Bracelets at Taylor Swift Concert

The Facebook founder attended the economy-boosting "Eras" tour with his daughters.

Growing a Business

Are You Guilty of Poor Onboarding? The Consequences Are Worse Than You Think.

The onboarding process has a profound effect on your employee satisfaction, retention and productivity. Harness these actionable strategies to optimize your onboarding process, ensuring a smooth transition for new hires.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Growing a Business

How I Bootstrapped to $100 Million Without Venture Capital Funding

How I grew my business without any VC funding — and how you can, too.