Get the scoop from around the Digital Reasoning universe and digital data industry. View the latest press releases, events we will be attending, and informative blog posts.
Will AI Startup Emerge As Next Google Or Facebook?
Author: Reinhardt Krause
 |  Published: November 21, 2016

An as yet unknown artificial intelligence startup could be the next "Google or Facebook (FB)," although tech industry giants like Intel (INTC), Microsoft (MSFT) and IBM (IBM) aim to take over the AI revolution themselves through acquisitions, says Goldman Sachs.

Intel showcased its push into AI last week, unveiling a deeper AI relationship with Google-parent Alphabet (GOOGL) as well as other initiatives.

"Intel noted AI is the fastest growing workload in the data center and expects AI compute cycles to grow 12 times by 2020," said Goldman Sachs in a research report Monday.

Other companies getting a boost from a push into AI and machine learning include chipmakers Nvidia (NVDA) and Xilinx (XLNX) and tech giants (AMZN), Google and Microsoft, says Goldman Sachs.

In a broader AI report published Nov. 14, Goldman Sachs noted that Apple, Amazon, Microsoft, Google and (CRM) have been the most aggressive in buying AI startups.

Apple has rolled up startups Vocal IQ, Perceptio, Emotient, Turi, and Tuplejump. Apple in October hired its first director of AI research, Ruslan Salakhutdinov, of Carnegie Mellon University. Other aggressive recruiters of AI data scientists include Amazon, Google, Microsoft and IBM.

While the tech industry's incumbents have significant resources to buy what they can't build, venture capitalist are funding a horde of AI startups, notes Goldman Sachs.

To read full article, click here

Want to learn more? »

Learn more about how Digital Reasoning can work for you by exploring our case studies, white papers and additional resources.

Who to talk to

For all media inquiries, please contact:

Jason Beck
Director, Communications