3 types of 'intelligent applications' that get investors excited

Editor's note: This is a guest post written by S. Somasegar, managing director at Madrona Venture Group; and Daniel Li, principal at Madrona Venture Group. Artificial intelligence is a broad and overused term. Any startup raising money today needs to have a data and machine learning story, and every enterprise is trying to understand how they can unlock the value of their customer and transaction data with AI. We strongly believe that every application that is being built today is an intelligent application. Applications which don't use data to build continuous learning systems that provide better value with more data are going to become obsolete in the market as we move forward.