Artificial intelligence (AI) is here (and has been for a while) and as consumers, most of us are exposed to it every day without realising - think of those clever Google ads you see when browsing that show you what you've just searched for.

Businesses are increasingly adopting AI with many proactively seeking to understand the efficiencies and opportunities it can bring to their organisation. Uber's self-driving cars are currently one of the highest profile (and "extreme") examples.

It's no surprise that M&A activity is also heating up in both the consumer and corporate space. Our US partner firm has just advised on the Rage Frameworks sale to Genpact, a great example.

AI innovators are high on the target list for acquirers and investors alike and we continue to watch the space with great interest.