Machine Learning Applications Leads Artificial Intelligence In Number of Investors

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The artificial intelligence (AI) industry has seen 3,434 investors and $62B total all time funding. Let's analyze which AI categories have the most number of investors actively financing the startups. The graphic below highlights AI categories based on the number of investors in each category.

Artificial Intelligence Investors Per Category

As the graphic demonstrates, Machine Learning Applications has the highest number of investors at 1988, with Machine Learning Platforms following behind at 785. Machine Learning Application companies apply self-learning algorithms to optimize specific business operations, while Machine Learning Platform companies build these algorithms that operate based on their learnings from existing data. In addition, the average number of investors across all AI categories is 507.

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Explained - AI's Explosive Funding Growth

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Artificial Intelligence (AI) has become one of the hottest sectors in recent years, with its technology promising to revolutionize and automate every industry imaginable. We have been covering this trend, showing a massive increase in AI startup funding. As you can see in the graphic below, AI funding more than doubled from 2016 to 2017. Its funding more than tripled from 2016 to 2018.

AI Funding Over Time

This phenomenon then begs the question - what caused this explosive growth in AI funding? This explainer blog will help you understand the contributing forces behind the growth. It can be attributed to three factors: 
The geopolitical battle between the US and China 
The AI sector maturing over time 
Specific AI functions gaining strong traction

US and China’s Geopolitical Battle for AI Dominance

The first factor contributing to the staggering AI funding jump is the geopolitical battle for AI dominance between the US and China. A plethora of news outlets, such as...