AI Sector Fuels New Wave of Dealmaking, Experts Say

Published on May 20, 2026

In the technology investment landscape, the artificial intelligence sector has become a focal point for M&A activities. Evercore’s Tammy Kiely and Morgan Stanley’s Wally Cheng recognize that interest in AI has surged. This shift has reshaped the strategies of major investment banks, which are now prioritizing these lucrative opportunities.

The conversation shifts as Kiely and Cheng highlight growing competition among companies looking to acquire AI capabilities. They emphasize that firms are racing to secure technology that enhances their existing operations. The urgency is palpable as businesses recognize AI’s potential to drive innovation and efficiency.

Recent data shows a notable increase in AI-related deals, with transaction values reaching unprecedented levels. Kiely and Cheng note that the market is welcoming new entrants, ranging from startups to established tech giants. This influx of capital is accelerating advancements in AI technologies across various sectors.

The implications are profound. Enhanced access to AI solutions could transform industries, from healthcare to finance. As companies continue to pursue strategic acquisitions, the landscape will evolve dramatically, impacting how businesses operate and compete in the future.

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