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Monday, January 16, 2017

The 5 Biggest Artificial Intelligence Startups | Nanalyze

notes, "You may have heard us talk about CB Insights before. What CB Insights does is provide a huge database of private company information that is collected using artificial intelligence."
Photo: Nanalyze

They then sell this data to 100s of firms that need accurate data. Sure, you can go pay $50 a month to Crunchbase and get private company data but you’re getting crowdsourced data as opposed to data collected by AI agents and cleansed by people that don’t live in Mumbai. Just recently, CB Insights held their Innovation Summit and one of the outputs from that event was a list of the top 100 artificial intelligence startups determined by a whole slew of useful metrics:

We’ve talked about a fair number of these companies already, and we’re already sharpening our pencils to make sure that we profile each and every one of them as fast as our little big hands can type. What we thought would be useful to do is to take a look at the top-5 companies in this list by valuation. The way this works is that you can value a startup based on the price a venture capital firm is willing to pay for a certain percentage of equity. If you sold 10% of your company for $100 million then your implied valuation would be $1 billion. We call a startup with a $1 billion valuation a unicorn. In the AI 100 produced by CB Insights, there are exactly 5 unicorns. Here they are.

Source: Nanalyze