Technology

Facebook’s Buying Spree: Why it Spent $25B on 14 Companies

Published

9 years ago

November 12, 2014

Jeff Desjardins

Facebook’s Buying Spree: Why it Spent $25B on 14 Companies

Like it or not, Facebook is now a titan from almost every angle. With over 1 billion users, almost $8 billion of revenue and $1.5 billion in net income, the company has cash to burn.

The company is also not shy about snatching up talent for its future ambitions. In the last few years, Facebook has made 14 big acquisitions, and spent over $25B on them.

One area Facebook sees a lot of traction in is messaging. The acquisition of WhatsApp in February has certainly led to some additional expertise in this area, and the company recently announced that their new Facebook Messenger service reaches 500 million people.

The recent massive numbers coming out of the tech space have led some investors and venture capitalists to feel that tech stocks – particularly social media stocks – are overvalued. As Clem Chambers of Forbes wrote in July: “So what about Facebook? A near 100 P/E?? An approximately 20 times market cap to sales?? I’m rounding these numbers because to think Facebook is not massively overvalued needs magical thinking not math. Will it go up from here? Why not?”

Original graphic from: Who is Hosting This?

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Technology

Visualizing AI Patents by Country

See which countries have been granted the most AI patents each year, from 2012 to 2022.

Published

1 day ago

April 24, 2024

Marcus Lu

Visualizing AI Patents by Country

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

This infographic shows the number of AI-related patents granted each year from 2010 to 2022 (latest data available). These figures come from the Center for Security and Emerging Technology (CSET), accessed via Stanford University’s 2024 AI Index Report.

From this data, we can see that China first overtook the U.S. in 2013. Since then, the country has seen enormous growth in the number of AI patents granted each year.

Year	China	EU and UK	U.S.	RoW	Global Total
2010	307	137	984	571	1,999
2011	516	129	980	581	2,206
2012	926	112	950	660	2,648
2013	1,035	91	970	627	2,723
2014	1,278	97	1,078	667	3,120
2015	1,721	110	1,135	539	3,505
2016	1,621	128	1,298	714	3,761
2017	2,428	144	1,489	1,075	5,136
2018	4,741	155	1,674	1,574	8,144
2019	9,530	322	3,211	2,720	15,783
2020	13,071	406	5,441	4,455	23,373
2021	21,907	623	8,219	7,519	38,268
2022	35,315	1,173	12,077	13,699	62,264

In 2022, China was granted more patents than every other country combined.

While this suggests that the country is very active in researching the field of artificial intelligence, it doesn’t necessarily mean that China is the farthest in terms of capability.

Key Facts About AI Patents

According to CSET, AI patents relate to mathematical relationships and algorithms, which are considered abstract ideas under patent law. They can also have different meaning, depending on where they are filed.

In the U.S., AI patenting is concentrated amongst large companies including IBM, Microsoft, and Google. On the other hand, AI patenting in China is more distributed across government organizations, universities, and tech firms (e.g. Tencent).

In terms of focus area, China’s patents are typically related to computer vision, a field of AI that enables computers and systems to interpret visual data and inputs. Meanwhile America’s efforts are more evenly distributed across research fields.

Learn More About AI From Visual Capitalist

If you want to see more data visualizations on artificial intelligence, check out this graphic that shows which job departments will be impacted by AI the most.