A look at the venture capitalists who are currently investing in AI (artificial intelligence) firms. Although the idea of robots used to be somewhat unsettling, a lot of money is currently being invested in the architecture and systems that enable machines to learn and grow on their own without the assistance of humans. According to PwC's 2018 Moneytree Report, which was just released, $9.3 billion was invested in AI firms in 2017. This enormous number demonstrates the growing interest in technology and the growing understanding of its potential among public and commercial sector donors. Artificial intelligence crosses all business areas, from self-driving vehicle AI operating systems to self-learning language processing platforms. Venture capital companies are hopping on the bandwagon to finance the minds behind the initiatives since they have the potential to disrupt so many industries, putting them ahead of the curve. The most well-known venture capital firms investing in AI technology are listed below, with an overview of their goals.

Powered by specialized software and real-time analytics systems, big data, data science, and data analytics caters to numerous benefits for companies worldwide. Thus, the demand for big data firms has been increasing exponentially. There are various emerging AI and data science startups that are raising funds. Once a startup has reached its growth stage, its most important requirement is undoubtedly the backing of reliable venture capital investors and an ample amount of funding to scale up. Though the concept of starting up has gained momentum recently, the small number of investors willing to show their trust and invest in new ventures has been a problem for startups.

By number of investments, US-based companies outnumbered the top ten VC (venture capital) investors in the artificial intelligence (AI) space in 2020. According to GlobalData, a leading data and analytics company, Sequoia Capital topped the list, having participated in 52 VC funding rounds. Sequoia Capital is a technology-focused venture capital company based in the United States. It invests in both public and private firms. The company focuses in private company incubation, seed stage, startup stage, early stage, and growth stage investments.