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If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."

However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …

Venture Scanner: Artificial Intelligence Average Funding Event Size Shows Steady Growth

#artificialintelligenceSep-20-2019, 20:45:31 GMT

For this quarter's funding analysis, let's examine how average funding event sizes in the artificial intelligence (AI) sector are evolving. The graphic below shows the AI average funding event size over time by quarter. As the graphic demonstrates, AI average funding event size in Q1 2019 was at $35M. This is an increase of 75% from the $20M in Q1 2018. The average funding size has been on a robust upward trend, with the average funding size last quarter around 3 times larger than it was 5 years ago.

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Technology: Information Technology > Artificial Intelligence (1.00)

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