How open source is accelerating innovation in AI - Techerati

No other technology has captured the world's imagination quite like AI, and there is perhaps no other that has been so disruptive. AI has already transformed the lives of people and businesses and will continue to do so in endless ways as more startups uncover its potential. According to a recent study, venture capital funding for AI startups in the UK increased by more than 200 percent last year, while a Stanford University study observed a 14-times increase in the number of AI startups worldwide in the last two years. As AI innovations and applications continue to advance, a growing number of technology companies including Microsoft, Salesforce and Uber have started to open-source their research and projects. These companies, which have substantial Research & Development (R&D) capabilities, are investing in or "giving back" to the open source community to reinforce the creation and improvement of AI & Machine Learning (ML) algorithms.