2017 is coming to an end, and the development path of artificial intelligence is becoming more and more visible. Some companies have carried out the most promising and most noteworthy 100 artificial intelligence (AI) start-ups in 2017. Through the evaluation of various standards, which companies will be listed?
CB Insights has announced the second annual AI 100—more than 25 industries from healthcare to cybersecurity—to evaluate the 100 most promising startups with artificial intelligence. According to various criteria, such as: investor profile, technology innovation, team strength, patent activity, mosaic score, capital history, estimated value and business model.
The AI ​​100 market map is classified according to its industry focus as follows.
Figure 1. CBInsights, AI 100 (2018 Edition)
Key trends and highlights (KEY TRENDS AND HIGHLIGHTS)â–º AI 100 has a total of 367 transactions, raising a total of $11.7 billion.
â–ºSome startups specialize in use cases within specific industries. For example, AiCure specializes in drug compliance (medicaTIon adherence), Gong specializes in call analysis for sales teams, and Zest Finance underwrites credit loans.
â–ºThese startups are at different stages in research and financing, from the seed/angel stage (eg, MobaryTIcs, Text IQ, Merlon Intelligence) to the fifth round (Series E+) fundraising phase (eg Affirm, C3IoT) , InsideSales) companies have.
Classified by top companies (TOP COMPANY CATEGORIES)
Healthcare
Through the imaging diagnostics, virtual assistants, remote monitoring, hospital care and other applications, there are new company entry records every quarter in the artificial intelligence medical field.
► Eight of the AI ​​100 are developing AI solutions for the medical industry.
â–ºFlaTIron Health uses human-assisted machine learning to mine health data. In 2016, it raised $175 million in the third round, worth $1.2 billion, and entered the Unicorn Club.
â–ºInsilico Pharmaceuticals has partnered with GlaxoSmithKline to accelerate the drug discovery process, an emerging healthcare sector.
â–º AiCure, a SaaS mobile platform based in New York, uses image and facial recognition algorithms to confirm drug intake.
Network security (Cybersecurity)From medical institutions and government agencies, insurance companies and retail stores, AI 100 Network Security's customer base spans a wide range of industries.
CrowdStrike, supported by Accel Partners, reached a valuation of $1 billion in 2017. The startup has applied for 24 patents since 2012 for endpoint detection and response.
Boston-based Cybereason is close to the status of a unicorn, and recently raised $10 billion from the Softbank Group, worth more than $900 million.
Enterprise company (Enterprise)A total of eight AI-100 companies are developing AI applications for the enterprise application market in a market dominated by large technology companies such as Amazon.
â–ºElement AI was founded by Yoshua Bengio and is one of the pioneers in the field of deep learning. The company raised $102 million in the second quarter of 2017. Investors include: Data CollecTIve, Intel Capital, Microsoft Ventures, NVIDIA GPU Ventures, Real Ventures and Tencent Holdings.
â–º Japan's LeapMind is developing deep learning software for companies and investing in hardware to avoid the risk of frugal computing environments.
2017 AI 100 complete company listFigure 2, application areas of 100 AI companies
ConclusionLi Kaifu warning police: next year (2018) fear that the AI ​​company will collapse, is the AI ​​bubble coming? In particular, the valuation of China's AI investment projects is more than double that of Silicon Valley. It is indeed a bit too high. The financing time can be inferred for about 18 months (in terms of the rate of burning money), so it is estimated that there will be a wave at the end of next year. AI company closed down. AI is the core of future technological development. Non-investment is not possible, but it still cannot understand the exact application effect, and naturally becomes the target of trying to invest.
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