Wednesday 11th February 2015
Behind much of the proliferation of AI startups are large companies such as Google, Microsoft Corp., and Amazon, which have quietly built up AI capabilities over the past decade to handle enormous sets of data and make predictions, like which ad someone is more likely to click on. Starting in the mid-2000s, the companies resurrected AI techniques developed in the 1980s, paired them with powerful computers and started making money.
Their efforts have resulted in products like Apple’s chirpy assistant Siri and Google’s self-driving cars. It has also spurred deal-making, with Facebook acquiring voice-recognition AI startup Wit.ai last month and Google buying DeepMind Technologies Ltd. in January 2014.
For Google, “the biggest thing will be artificial intelligence,” Chairman Eric Schmidt said last year in an interview with Bloomberg Television’s Emily Chang.
The AI boom has also been stoked by universities, which have noticed the commercial success of AI at places like Google and taken advantage of falling hardware costs to do more research and collaborate with closely held companies.
Last November, the University of California at San Francisco began working with Palo Alto, California-based MetaMind on two projects: one to spot prostate cancer and the other to predict what may happen to a patient after reaching a hospital’s intensive care unit so that staff can more quickly tailor their approach to the person – Jack Clark
Sunday 13th March 2016
Investing in Robotics and AI Companies
Here are some AI (and robotics) related companies to think about.
I’m not saying you should buy them (now) or sell for that matter, but they are definitely worth considering at the right valuations.
Think about becoming an owner of AI and robotics companies while there is still time. I plan to buy some of the most obvious ones (including Google) in the ongoing market downturn (2016-2017).
Top 5 most obvious AI companies
- Alphabet (Google)
- Facebook (M, Deep Learning)
- IBM (Watson, neuromorphic chips)
- Apple (Siri)
- MSFT (skype RT lang, emo)
- Amazon (customer prediction; link to old article)
Yes, I’m US centric. So sue me 🙂
- SAP (BI)
- Oracle (BI)
- Nuance (HHMM, speech)
- Nippon Ceramic
- Pacific Industrial
Private companies (*I think):
- *Scaled Inference
- *Expect Labs
- *Nara Logics
- *Context Relevant
- *Rethink Robotics
- *Sentient Technologies
General AI areas to consider when searching for AI companies
- Self-driving cars
- Language processing
- Search agents
- Image processing
- Machine learning
- Oil and mineral exploration
- Pharmaceutical research
- Materials research
- Computer chips (neuromorphic, memristors)
- Energy, power utilities