Monday, 26 June 2017

VCs Investing Heavily in AI and Machine Learning

VC investments in artificial intelligence (AI) and machine learning more than doubled in 2016, according to the National Venture Capital Association.

As the chart below (click to enlarge) from the Axios article Venture Capital Investment in AI skyrockets shows, VCs have continued to pour money into AI in 2017.

Ai investment

Virtual reality is also attracting a lot of investment. 

It's not just startups. Most of the major tech companies are also investing heavily in AI.

The CNBC article Everyone keeps talking about A.I.— here's what it really is and why it's so hot now nicely covers what some of the major firms are up to.



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