As per a report by MMC ventures, 40% of AI startups in Europe are not even using AI.
The companies are often described as AI-focused, said David Kelnar, MMC’s head of research, who added that many start-ups had plans to develop machine-learning programs, an application of AI that sees computers automatically learn and improve from experience, in the future (via).
What do you think the numbers could be for India? 70%? 80%?
Some other data points from the report.
Sharing key findings from our #StateofAI2019 report this morning including unique capital dynamics for AI companies. AI companies raise money at higher valuations and "investment dollars into early-stage AI companies globally has increased fifteen-fold in five years" @davidkelnar pic.twitter.com/zfKxu1ePAK
— MMC Ventures (@MMC_Ventures) March 5, 2019
Our very own @davidkelnar running through the key findings of our brand new report 'The State of AI 2019: Divergence' at the @Ri_Science this morning in partnership with @BarclaysUK and @eagle_labs #StateofAI2019 pic.twitter.com/erEQUXBLxw
— MMC Ventures (@MMC_Ventures) March 5, 2019
