AI M&A Surge Hits $79B in Q2 2024 on Generative AI Boom

AI-driven mergers and acquisitions are surging globally, fueled by generative AI advancements, with funding hitting $79 billion in Q2 2024. Tech giants like Apple are pivoting to major deals for rapid AI integration, as seen in Sage's Fyle acquisition and NiCE's Cognigy buy. This trend promises industry transformation despite regulatory challenges.