https://techcelerate.ventures
The pace of U.S. M&A activity in artificial intelligence & machine learning (AI & ML) ramped up to record levels last year, soaring at a near linear rate since 2016 to 145 completed deals while value eclipsed the prior high of $8.5 billion to close on $21.3 billion. As recently as 2015, just 27 transactions closed on $2 billion in aggregate. The steep uptick in both value and volume follows several years of increased venture investment into the space.