CB Insights releases AI 100 2018 rankings
Data analysis firm CB Insights has released the 2018 edition of its AI 100 rankings, featuring a list of the technology startups that are expected to lead global AI innovation throughout the coming year.
The winners were announced at CB Insight’s A-ha! Conference, held in San Francisco between 12-13 December.
AI 100 2018 was compiled from a selection of 1,000 emerging AI-based applications and solutions across a diverse range of industries including FinTech & insurance, education, healthcare, IoT and robotics.
The Mosaic scale was then used to determine which companies made the list – a quantitative framework that measures the overall potential of companies.
A total of 33 companies that featured on last year’s list were once again ranked in the second annual edition, with the 100 companies named in AI 100 2017 having gone on to raise a total of $2bn in funding.
Further, the private firms that feature on the 2018 rankings raised approximately $6.6bn in 99 deals throughout 2017, with 11 of these having reached a valuation of $1bn or more.
Amongst the new list, the most common industry was cybersecurity, with 11 of the 100 companies named operating within this sphere.