What’s happened in AI: January 21st-27th
Lots of M&A this week in the AI world with Termset (NLP), Textkernel (recruiting), and Crunchbot (chatbots) all being acquired. Many enterprises are finding out that sometimes it’s easier to acquire AI talent than develop it in-house, especially if it’s outside of a particular domain of expertise for the acquirer.
Other news this week includes a few developments in the autonomous vehicle world. Waymo is set to test driverless cars out in Michigan, while Apple cut 200 jobs in its autonomous vehicle division (Project Titan). Not sure what’s going on with Apple, but it’s definitely not the best sign as competitors ramp up research, investment, and personnel additions.