Artificial Intelligence is the buzzword at the moment. The concept has garnered significant impetus over the years, and it is consuming almost everything in terms of its implications.
Amazon Alexa, Siri, Microsoft Cortana, etc. have become so popular that life without them honestly seems a little less feasible. There have been so many claims that have suggested that the presence of AI contributes to data collection, which could, in the worst-case scenario, lead to espionage. But nothing has deterred the spirit of growth associated with this particular sector.
As listed on Entrepreneur.com, and according to some studies undertaken by CB insights, Apple has overtaken the maximum number of AI startups, including the very famous Siri. Till date, Apple has acquired nearly 20 AI startups, and Google follows suit with 14 AI startups.
As these big companies are eyeing AI startups for acquisition, the scope for growth and development of the latest technology has grown manifold. These big companies have the resources to take the AI to a far-reaching population as compared to the startups.
The current scenario has definitely been a significant impediment for the growth in the tech start-up sector as a lot of companies had to let go of their staff members. Still, the good news is that, when the world emerges on the other end of the spectrum, the global dependency on tech is going to increase even more.
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