AI 50: America’s Most Promising Artificial Intelligence Companies

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To cut through the spin, Forbes partnered with venture firms Sequoia Capital and Meritech Capital to create our second annual AI 50, a list of private, U.S.-based companies that are using artificial intelligence in meaningful business-oriented ways.
To be included, companies had to be privately-held and focused on techniques like machine learning (where systems learn from data to improve on tasks), natural language processing (which enables programs to “understand” written or spoken language), or computer vision (which relates to how machines “see”).
The list was compiled through a submission process open to any AI company in the U.S. The application asked companies to provide details on their technology, business model, customers and financials like funding, valuation and revenue history (companies had the option to submit information confidentially, to encourage greater transparency).
From there, our VC partners applied an algorithm to identify the 100 with the highest quantitative scores and then a panel of eight expert AI judges identified the 50 most compelling companies.
Self-driving tech startups remain hot; the seven autonomous vehicle companies on this year’s list have raised over $3 billion in total venture capital.
Another area to watch: AI applications to discover drugs or diagnose diseases faster.
Forbes is always on the look out for promising AI companies.
So if you know of one not among our AI 50, please email us at AI50@forbes.com.
Workflow Software
Automates IT, sales and customer-service tasks.
Software Development
Helps software developers make machine-learning apps.
Customer Service
Assists customer-service agents in real time.
Makes software for self-driving cars.
Builds computing chips for AI use.
Customer Service
Assists customer-service agents in real time.
Software Development
Develops tools for enterprises to build AI apps.
Software Development
Makes software for companies to develop AI models.
Produces 3D maps for self-driving vehicles.

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