Apple surpassed other big tech giants in terms of acquiring AI startups last year; Stocklytics reported citing data from Statista. While Apple bought up to 32 AI startups in 2023, Google also came second with 21 purchases, as per Statista’s estimates. Meta, Microsoft and Amazon also acquired 18, 17 and 10 AI startups, respectively. Right now there is huge competition between all big tech giants and everyone wants to go ahead in this race.
Today Apple is very big brand and people have huge trust in it. In fact Apple is very valuable company and they have huge demand for their products as people find it very useful. Actually today technology is moving to Artificial Intelligence (AI) and it will become the future. For this reason all big tech giants are investing in AI startups as they are very much concerned about the future. In reality Apple is also watching to lead in future and for this reason they are taking this step to acquiring so many AI startups.
