Apple on AI war path! Acquires 21 AI startups, staff hirings on fire, $1 bn spend on cards – Tech Hindustan Times

According to a Financial Times report, research from PitchBook shows that the Cupertino based tech giant has been busy acquiring AI startups. In fact, it has acquired 21 startups since 2017, which is more than any of its big tech rivals. Its most recent acquisition was just last year when it took over an AI powered video compression maker called WaveOne.