Why AI consolidation will create the worst monopoly in US history
Vinod Iyengar Crunch Network Contributor Vinod Iyengar is the director of product marketing at open source machine learning company H2O.ai. More posts by this contributor: Spark fragmentation undermines community How to join the networkForget Hillary Clinton and Donald Trump — we need a trust-buster like Teddy Roosevelt, who in 1902 attacked the Northern Securities Company, a railroad holding company led by J.P. Morgan and James J. Hill. Amid the flurry of recent tech M&A deals, you would be forgiven for missing a relatively quiet acquisition: Apple bought Seattle-based artificial intelligence startup Turi for around $200 million. On its own, the Turi deal wouldn’t raise eyebrows were it not for the record amount of M&A in artificial intelligence, with the giants Alphabet, Amazon, Apple, Facebook and Microsoft leading transactions. Consolidation in any…
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