Only one Canadian company places on list of top 100 AI companies in the world

Despite Canada's rising reputation as a global leader in the artificial intelligence community, it appears Canadian companies are not making as much of an impact on the international AI scene. CB Insights has released its third annual list of promising AI startups to watch around the world, and only one Canadian company, Montreal-based Element AI, made the cut. In addition to Element AI, a German startup with Canadian roots, Twenty Billion Neurons (TwentyBN) was also named to CB Insights' AI 100. Canadian companies leveraging this technology may still only have a minor presence on the global stage. CB Insights selected the 100 startups from a pool of over 3,000 companies from startups to unicorns, based on: patent activity, investor profile, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty.