AI transactions increased significantly in the private banking sector in H2 2021

In the second half of 2021, the number of artificial intelligence (AI) contracts increased significantly by 56.8% compared to H2 2020.

This marks an acceleration in growth from the 22.2% decline in transactions that occurred in the first half of 2021 compared to the same period a year earlier.

GlobalData’s Transactions Database examines the mergers, acquisitions, and venture capital and private equity investments that take place daily between thousands of companies around the world.

In the second half of 2021, AI deals accounted for 7.5% of all deals made in the industry. This represents an increase from the 3.7% figure in the second half of 2020.

GlobalData’s thematic approach to sector activity seeks to bring together key company investment information to see which industries are best positioned to deal with the issues they may face.

These themes, of which artificial intelligence is a part, are best thought of as “any problem that keeps a CEO up at night”, and by tracking them, it becomes possible to determine which companies are leading the way on specific problems and which have some work to do.

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