Brain Boost: AI Deals And Dollars Have Already Reached Record Annual Highs

From stopping cyberattacks to operating autonomous vehicles to visually searching through a wine database, 140 startups using AI as a core part of their products raised $958M in funding in Q3'16, making it the second-highest quarter for funding after Q2'16. Since 2012, deals and dollars to AI startups have been on a steady rise, and this year is extending that trend. Our AI category includes companies applying AI solutions to verticals like healthcare, security, advertising, and finance as well as those developing general-purpose AI tech. Our list excludes robotics (hardware-focused) and AR/VR startups, which we've analyzed separately here and here. Our analysis includes all equity funding rounds and convertible notes.