AI is one of the hottest sectors, with its technology promising to revolutionize and automate every industry imaginable. Even AI-enabled applications can bring the next major disruption within enterprise software. While AI is still in its early stage, people across the globe are interacting with it either directly or indirectly on a daily basis via virtual assistants, facial-recognition technology, gaming platforms, chatbots, mapping applications, and a host of other software. As developments in AI accelerate, companies are looking to expand their offerings by attracting investments or series funding. Hence, this makes a perfect time for startups to find investors to further their projects and plans.

AI is one of the hottest sectors, with its technology promising to revolutionize and automate every industry imaginable. Even AI-enabled applications can bring the next major disruption within enterprise software. While AI is still in its early stage, people across the globe are interacting with it either directly or indirectly on a daily basis via virtual assistants, facial-recognition technology, gaming platforms, chatbots, mapping applications, and a host of other software. As developments in AI accelerate, companies are looking to expand their offerings by attracting investments or series funding. Hence, this makes a perfect time for startups to find investors to further their projects and plans.

Artificial Intelligence is growing at a faster pace. With this faster pace, it is also attracting a series of funding and financial investments. Let's go through some of the important investments in artificial intelligence companies in June 2020.

Artificial Intelligence is growing at a faster pace. With this faster pace, it is also attracting a series of funding and financial investments. Let's go through some of the important investments in artificial intelligence companies in June 2020. Portuguese startup Replai, which utilizes AI-driven short-videos to draw in sports fans, has brought €1.2 million up in seed financing. The round was driven by Bright Pixel, alongside Ideias Glaciares, Clever Advertising and other c-level business angels from Whatsapp, Playrix, Nekki, Aptoide, Dashdash and Unbabel.

The startup scenario is being changed by bringing in investment and deal activity around intelligent automation and artificial intelligence, big data and machine learning. The data plainly demonstrates that new businesses that had AI as a core product are creating narrow AI tech packed away with the heaviest investment from leading VC firms and investors who are putting vigorously in deep tech startups in big data, enterprise AI and automation. It likewise underscores a great part of the financing going on in domain explicit breakthrough innovations, and not broadly useful AI tech. Investment funds, venture capital (VC) firms and corporate financial specialists are venturing up equity investments in artificial intelligence (AI) start-ups, mirroring a developing worldwide interest for AI advances and their business applications. The aggregate sum contributed and the worldwide number of deals has expanded enormously since 2011, yet wide varieties in investment profiles develop among nations and areas.