![]() ![]() Last year, they invested over $72 million into AI and IoT alone, with total technology investments totting up to over $115 million in 2018. Set up in 1991, Intel Capital had invested in over 1280 companies across 54 countries by 2011, having dedicated over $10.83 billion to capital investments. Intel CapitalĪ subsection of Intel Corporation, Intel Capital invests in a range of technology start-ups and controls mergers and acquisitions. Investments they have already made include SenseTime, a company developing facial recognition, vehicle automation, and AR, as well as Petuum Inc, a company focused on scaling machine learning. $28 billion of this is dedicated to the new investment fund, which focuses hugely on AI. The company has a dedicated fund for technological development called Softbank Vision Fund – the largest fund in the world at $93 billion. ![]() It is run by the richest man in the country, Masayoshi Son, who claims he is devoting 97% of his ‘time and mind’ to AI development. Softbank Group is a multinational holding group based in Japan. Need to know what the hottest startups are right now? Check out our in-depth reports of fast-growing tech companies.īelow is a list of some of the most prominent venture capital companies investing in AI tech and a rundown of what they’re hoping to achieve. With the potential to disrupt so many areas, venture capital firms are jumping on the bandwagon to fund the brains behind the projects, getting themselves ahead of the curve. This monumental figure shows the increasing interest in technology and both public and private sector funders are beginning to understand its capabilities.įrom AI operating systems for self-driving cars to self-learning language processing platforms, artificial intelligence truly spans the industry sectors. Hot off the press, PwC’s 2018 The Moneytree Report notes that $9.3 billion was invested into AI companies last year, alone. While we previously considered robots to be somewhat of a scary thought, buckets of money are now being poured into the systems and architecture that allow machines to learn and develop themselves – without human interaction. A look at the most active VC’s investing in AI (artificial intelligence) startups right now. ![]()
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