CB Insights named Encord, the platform for data-centric computer vision, on its annual AI 100 ranking, a list showcasing the 100 most promising private artificial intelligence companies in the world. "However, this is just the beginning and we have exciting developments on the horizon – watch this space." "This is the sixth year that CB Insights has recognized the most promising private artificial intelligence companies with the AI 100. This year's cohort spans 13 industries working on everything from recycling plastic waste to improving hearing aids," said Brian Lee, SVP of CB Insights' Intelligence Unit. "Last year's AI 100 companies had a remarkable run, raising more than $6 billion, including 20 mega-rounds worth more than $100 million each. We're excited to watch the companies on this year's list continue to grow and create products and services that meaningfully impact the world around them." "We're honoured to not only be recognized as an innovative AI Startup but also as the only company within the computer vision bracket. The whole team has worked tirelessly from its humble beginnings to get to where we are today and for this effort to be recognized is great kudos to everyone," said Ulrik Stig-Hansen, Co-Founder & CEO at Encord.

InstaDeep is an EMEA leader in delivering decision-making AI products. Leveraging their extensive know-how in GPU-accelerated computing, deep learning, and reinforcement learning, they have built products, such as the novel DeepChain platform, to tackle the most complex challenges across a range of industries. InstaDeep has also developed collaborations with global leaders in the AI ecosystem, such as Google DeepMind, NVIDIA, and Intel. They are part of Intel's AI Builders program and are one of only 2 NVIDIA Elite Service Delivery Partners across EMEA. The InstaDeep team is made up of approximately 155 people working across its network of offices in London, Paris, Tunis, Lagos, Dubai, and Cape Town, and is growing fast.

The AI 100 was selected from a pool of over 6,000 companies.

Caspar.AI honored for achievements in AI Technology for Real Estate CB Insights today named Caspar.AI to the fourth annual AI 100 ranking, showcasing the 100 most promising private artificial intelligence companies in the world. Featured in CB Insights real-estate AI category, Caspar is reshaping the real estate industry to allow for smart, sustainable design that both improves the residents' living experience and reduces overall costs for property management. Real estate developers partner with Caspar to build differentiated smart properties, drive additional revenue, save costs, and enhance resident experience. "We are delighted to be awarded as the top AI company for real estate," said Dr. Ashutosh Saxena, Founder & CEO of Caspar.AI & Former Faculty in the Department of Computer Science at Cornell University. "People spend two-thirds of their time at home. There is a massive opportunity for AI to reimagine how people live in their homes. Our Caspar Sense and Caspar Adapt technology, understand the resident activities and automatically adapts home to their preferences. "It's been remarkable to see the success of the companies named to the Artificial Intelligence 100 over the last four years.

In February 2019, CB Insights announced our third annual AI 100 -- a list of the 100 most promising AI startups across the globe. We take a look at where these companies are now. In 2019, companies from 3 continents and 18 industries made it to the CB Insights AI 100. They were selected from a pool of 3K companies based on a range of criteria, including patent activity, investor profile, news sentiment analysis, market potential, partnerships, competitive landscape, team strength, tech novelty, and more. Since announcing our list, 7 of these startups have been snapped up by major corporations, 4 went on to become unicorns, and several have entered into partnerships with corporations like Microsoft, Oracle, HSBC, and General Electric.

SparkCognition, a global artificial intelligence (AI) leader that builds AI technology to advance the most important interests of society, announced the close of its Series C funding of $100 million led by March Capital Partners. With overall funding of $175 million since its inception in 2013, SparkCognition is now one of the most valuable startups in Texas and one of the most valuable AI startups in the United States. "In a short few years, SparkCognition has proven itself to be one of the leading industrial AI companies in the world," said Sumant Mandal, Managing Director and co-founder of March Capital Partners. "We are proud to lead their Series C round, and look forward to working closely with the company to drive its success even further." SparkCognition builds AI technology for industrial applications–revolutionizing the way industries like oil and gas, defense, utilities, aviation, and financial services manage such critical functions as efficiency and safety.

Maluuba has been selected in the CB Insights AI 100 in 2017. This index recognizes the top 100 teams and technologies that are successfully using AI to solve big challenges. The CB Insights research team selected the AI 100 winners based on a combination of data submitted by the companies, responses to interview questions and the company's Mosaic Score. Mosaic is an algorithm built with funding from the National Science Foundation that gives predictive intelligence into the health of private companies. "From financial services to healthcare to transport, incumbent companies in every industry are seeing that AI will reshape their industries. And as so often happens, transformational innovation comes from emerging companies. In the case of AI, a lot of the groundbreaking work is being done by the AI 100. The companies in the AI 100 are accelerating research, improving efficiency, and making many game-changing advancements that will be felt for decades to come," CB Insights CEO Anand Sanwal said.