Google and Apple are leading the race to snap up the most promising artificial intelligence (AI) companies, as demand grows for AI solutions and the shortage of talent continues. Among Google's most recent acquisitions is Seattle-based AIMatter, which has developed an AI platform for detecting and processing images. Apple's most prominent acquisition was Siri in 2010, which led to a dry spell, but last year it acquired a number of firms, including Lattice for $200m and RealFace for $2m. Since Apple does not create profiles of its users it has less data to work with, putting it at a disadvantage.
Google and Apple are leading the race to snap up the most promising artificial intelligence (AI) companies, as demand grows for AI solutions and the shortage of talent continues. Among Google's most recent acquisitions is Belarus-based AIMatter, which has developed an AI platform for detecting and processing images. Apple's most prominent acquisition was Siri in 2010, which led to a dry spell, but last year it acquired a number of firms, including Lattice for $200m and RealFace for $2m. Since Apple does not create profiles of its users it has less data to work with, putting it at a disadvantage.