“Peloton has bought up three companies that will now give it expertise in wearable devices, artificial intelligence (AI), digital voice assistants, and interactive workout mats, Bloomberg reported. The deals could also help Peloton debut its own digital voice assistant, with the engineers joining the company focused on AI and computer vision technology. “What’s clear is…
Tag: acquisition
Apple bought more AI companies than anyone else between 2016 and 2020 – 9to5Mac
“In 5 years, Apple has purchased 25 AI corporations, whereas Google has purchased 14. When contemplating the info from Apple, Google, Microsoft, and Fb mixed, greater than 60 of AI corporations have been acquired between 2016 and 2020.” https://www.inter-empresarial.com/companies/20210326161569-apple-bought-more-ai-companies-than-anyone-else-between-2016-and-2020.shtml
13 acquisitions highlight Big Tech’s AI talent grab in 2020
“In early 2020, news emerged that Facebook had acquired London-based computer vision startup Scape Technologies Though this acquisition was actually finalized in December 2019, it wasn’t until February that Facebook confirmed it had quietly bought London-based deep learning research startup Atlas ML. In November, Facebook confirmed it was buying New York-based customer relationship management (CRM)…
It’s Official- NVIDIA Acquires Arm For $40B To Create What Could Be A Computing Juggernaut
The following are the deal highlights: “Price: $40B, NVIDIA stock and cash Accretion: immediately accretive to NVIDIA non-GAAP gross margin and EPS Cambridge investments: Create “world-class” AI research and education center for healthcare, life sciences, robotics, and self-driving cars. Also, build an Arm/NVIDIA-based AI supercomputer for research Softbank ownership: Will keep 10% stake in new…
Flipkart Snaps Up Israeli Retail Analytics Startup Upstream Commerce
“Reportedly, the move will help Flipkart to deliver real-time pricing and product analytics to its seller partners. According to an ET report, industry insiders have hinted that Flipkart bought the retail intelligence startup for around $30-40 million. Upstream Commerce offers a suite of products related to predictive price optimization, pricing intelligence, lifecycle intelligence among others….