The healthcare industry has already integrated robotics and smart devices in their operations and AI can help the industry in further streamlining the processes and expanding the domain within the industry in various tasks such as surgery, building bionic limbs, etc.

The offer, worth more than $27 billion, was for $215 a share and split evenly between cash and stock.

Apple has furthered its wireless charging ambitions with the acquisition of New Zealand firm PowerbyProxi. Elsewhere, CVS Health Corp. has made an offer to acquire U.S. managed healthcare company Aetna Inc. in a deal worth over $66 billion.

The in-home delivery service will be available in 37 cities across the U.S. and will be rolling out to more locations over time.

BroadSoft are the industry leader in cloud unified communications. The company has a fully integrated portfolio of enterprise-ready cloud PBX, unified communications, team collaboration and contact center services.

JPMorgan said it would provide its 4 million small businesses clients with WePay's payments technology. The investment bank did not disclose the value of the acquisition, but the Wall Street Journal reported the price being above $220 million.

The rising popularity of ADAS is attracting players from different verticals to manufacture essential components included in ADAS and autonomous technology. Sensors and semiconductors together make the ADAS technology viable with their efficient and swift processing powers.

The global population health management solutions market was estimated to be $8.9 billion in 2016 and is estimated to grow over $50.3 billion by 2025.