AI deals decreased in the power industry in H2 2021 – Power Technology

In the second half of 2021, the number of artificial intelligence deals decreased by 9.1% from the same period in 2020. This marks an acceleration in growth from the 27.3% decrease in deals that occurred in H1 2021 relative to the same period a year earlier.

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

During second half of 2021, artificial intelligence deals accounted for 2.5% of all deals taking place in the sector. This represents an increase from the figure of 2.4% in second half of 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 artificial intelligence 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.

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AI deals decreased in the power industry in H2 2021 - Power Technology