Tracxn Blog – Report: 4.1B Invested in Artificial Intelligence in 2015/16

The AI startup landscape report has been divided into two sub-sectors -- infrastructure companies, which provide cloud infrastructure, algorithms, libraries for creating AI based applications. Examples of infrastructure services include AI as a service (Data Robot, Sentient), NLP as a service (Nuance, SpinVox), and computer vision as a service (Face). The second sub-sector -- AI applications looks at companies developing applications based on artificial intelligence technologies for different verticals. These include companies leverage AI techniques to build applications tailored for end use in enterprise (Palantir, Dataminr, Cylance), industry (ButterFly Network, Zest Finance) and consumer (X.ai, Anki) markets. Over 1.2B has been invested in AI infrastructure startups since 2010 with 540M being invested in 2015-16.