German AI-Startup Landscape: 2020 - appliedAI

Andrew Ng, one of the most renowned AI researchers, says that "AI is the new electricity." One can only imagine what impact AI will have on our daily lives ten years from now. As general-purpose technology, AI has an unlimited number of applications – many of which have the potential to augment human capabilities, vastly improve the quality of products and services, make processes more efficient and environmentally friendly, and ultimately free us from many cumbersome tasks. Currently, the US and China are leading in the adoption of AI, so it's no surprise that the majority of the 100 best AI startups in the world are American or Chinese (see CB Insights AI 100 list). Although Germany is one of the world's powerhouses of industry, with a particularly strong network of SMEs, it is underrepresented in the number of top AI startups.