Artificial Intelligence isn’t only limited to powerful supercomputers and big devices; it is also becoming a part and parcel of smartphones and wearable devices and equipment. Edge computing is emerging as the next big area in AI.
Via TechinBiz
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Round of AI movements across the American industry.
First was big data, and then came cloud, then the machine learning frenzy. We reached peak machine learning in 2017.
Last year investors pumped in over $15.2B in funding to AI startups across multiple industries. It was a 141% spike in funding from 2016. Over 1,100 new AI companies have raised their first rounds of funding since 2016. And that’s more than half the historic number of AI startups that have ever raised an equity round. The normalization and mainstreaming of machine learning will make investors picky about the AI companies they fund.