1. News
November 5, 2021updated 10 Nov 2021 11:44am

AI deals in the tech industry decreased in H1 2021

By Verdict Staff

Artificial intelligence (AI) related deals made up 14.6% of all deals announced in the technology and communications sector in the first six months of 2021, according to GlobalData’s data.

This represents a decrease from the AI deals figure of 16.8% in the last six months of 2020 and an increase from 13.5% in the first six months of 2020.

GlobalData’s deals database looks at mergers, acquisitions and venture capital and private equity investments taking place daily between thousands of companies across the world.

In the first six months of 2021, the overall number of announced deals in the technology and communications sector increased by 6.2%, from the same period in 2020.

GlobalData's thematic approach to sector activity seeks to group key company information on investments to see which industries are best placed to deal with any issues they may encounter.

These themes, of which AI is one, are best thought of as "any issue that keeps a CEO awake at night", and by tracking them, it becomes possible to ascertain which companies are leading the way on specific issues and which ones have some work to do.