News

Apple reportedly acquired 32 AI startups last year, more than any of its rivals

Apple may have been quiet so far when it comes to matters regarding AI, but that doesn't mean that they are sitting still and doing nothing. According to a report by Statista, Apple acquired . And to give that number more context, look at how it compares to its biggest rivals: This aggressive acquisition of AI talent is probably why Apple CEO Tim Cook recently said during the company's quarterly earning calls that later this year. Furthermore, the report also stated that Apple's stake in AI-related equities and add-on investment is greater than its rivals (in terms of portfolio percentages). compared to Microsoft's 12% and Alphabet's 8%.  has also spent the most on equity and add-on investment in AI technologies since 2017 Most recently, it was reported that Apple is to improve the privacy technology of . Source: , vs