this post was submitted on 26 Sep 2023
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Apple may be quiet on AI, but it’s also the biggest buyer of AI companies (qz.com)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/technology
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cross-posted from [email protected]

  • Apple has been the leading buyer of AI startups since 2017, acquiring 21 companies, nearly double the number purchased by Microsoft and Meta.
  • While other Big Tech companies like Google and Microsoft are vocal about their AI investments, Apple remains relatively quiet, choosing to announce things as they come to market.
  • The startups Apple has acquired focus on areas like self-driving technology, voice design, music generation, and image recognition.
  • This acquisition strategy contrasts with companies like Microsoft and Google, who are more cautious with acquisitions due to antitrust scrutiny and instead opt for partnerships with startups.
  • Apple's AI investments have contributed to new iPhone features such as personal voice and real-time voicemail transcription.
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[–] Earthwormjim91 1 points 1 year ago (1 children)

It’s been this way forever. Long before Google even. My uncle made millions during the dot com bubble by starting up a website, getting some traffic, then selling it off a bigger company. He did that 2 or 3 times and then retired in his 30s lol.

Hell that’s what the dot com bubble was in the first place. A million startups all trying to get bought by a bigger player.