Google acquires Bengaluru-based AI startup Halli Labs
July 13th, 2017
Google has acquired Bengaluru-based artificial intelligence startup Halli Labs for an undisclosed sum. Halli Labs was founded in 2017 by Pankaj Gupta with the goal of applying modern artificial intelligence and machine learning techniques to solve old problems. Halli Labs becomes the latest AI start up to be acquired by a technology giant after a mass of similar acquisitions by firms such as Microsoft, Facebook, Apple among others. Over 30 artificial intelligence startups have been acquired in the first quarter of this year. Google has been the most aggressive buyer in this space with 11 acquisitions since 2012 followed by Apple, Facebook and Intel.