The 10 Hottest AI Startups Of 2020

Artificial intelligence has been one of the hottest – some might say "over-hyped" – segments of the IT industry. While there has been a steady stream of breathless AI announcements this year, a number of startups are developing impressive AI technology for real-world applications in model development and deployment, data management, predictive analytics and customer support. Market research firm IDC is forecasting that worldwide revenue for the artificial intelligence market, including software, hardware and services, will total $156.5 billion this year – up 12.3 percent from 2019. The market is expected to grow at a compound annual growth rate of 17.1 percent through 2024 when it will surpass $300 billion. Here's a look at 10 young AI companies that caught our attention in 2020.