Startups Join AI Acquisition Rush

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A rising variety of enterprise capital-backed companies are shopping for artificial-intelligence startups, holding off public market debuts as they bulk up on services, startup founders and traders say.

Venture-backed startups spent roughly $8 billion buying an estimated 72 AI startups final yr, in contrast with 49 in 2020, in accordance with 451 Research, a unit of analytics supplier S&P Global Market Intelligence.

Since…

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