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Follow on Google News | CB Insights Unveils the AI 100 List At The Innovation SummitLoop AI Labs Cognitive Computing Selected in the "Core AI" category to the 2017 AI 100, Highlighting Advancements in Loop Q, The First Commercial Unsupervised Cognitive Platform
By: Loop AI Labs "We are thrilled to have been selected by CB Insights (https://www.cbinsights.com/) Loop AI Labs (http://www.loop.ai/ The CB Insights (https://www.cbinsights.com/ "From financial services to healthcare to transport, incumbent companies in every industry are seeing that AI will reshape their industries. And as so often happens, transformational innovation comes from emerging companies. In the case of AI, a lot of the groundbreaking work is being done by the AI 100. The companies in the AI 100 are accelerating research, improving efficiency, and making many game-changing advancements that will be felt for decades to come," CB Insights (https://www.cbinsights.com/) Quick facts on the CB Insights (https://www.cbinsights.com/) • In total, these 100 emerging private companies have raised $3.8B across 263 deals since 2012, according to CB Insights (https://www.cbinsights.com/) • Applications of their technology include breakthroughs in healthcare, drug discovery, business intelligence, gaming, manufacturing, and much more. • More than 1,650 companies were nominated or applied for the AI 100 (only 6% were selected). • Data Collective has backed 14 of the AI 100 companies, while NEA backed 8 and Bloomberg Beta backed 7. • There have been 9 mega-rounds (funding rounds of $100M or more) to AI 100 companies since 2014. • Five AI 100 companies have reached a valuation of $1B or more (also known as unicorn status). • 11 countries are represented among the winners. Loop AI Labs (http://www.loop.ai/) Crowned as winner of the "Most Disruptive Company" category in the 2016 SPIFFY Awards for its quantifiable interest among the Council's 30+ global Carriers, and as an IDC Innovator 2016, Loop AI Labs (http://www.loop.ai/) About CB Insights Our team comes to work every day to build technology that helps corporations guess less and win more. We aggregate and analyze massive amounts of data and use machine learning, algorithms and data visualization to help corporations replace the three Gs (Google searches, gut instinct and guys with MBAs*) so they can answer massive strategic questions using probability not punditry. With backing from the National Science Foundation and venture capital investors, we mine terabytes of data and knowledge contained in patents, venture capital financings, M&A transactions, hiring, startup and investor websites, news sentiment, social media chatter, and more. Our software algorithmically analyzes this data to help our clients see where the world is going tomorrow, today. *We have MBAs. About The Innovation Summit From voice and chat interfaces to AI replacing investment managers and doctors to the new revenue models enabled by the Industrial Internet of Things, the Innovation Summit marries CB Insights (https://www.cbinsights.com/) For more information about the AI 100, visit: https://www.cbinsights.com/ To learn more about CB Insights' Innovation Summit, go here: http://events.cbinsights.com/ About Loop AI Labs Cognitive Computing Loop AI Labs (http://www.loop.ai/) For more information about Loop AI Labs (http://www.loop.ai/) Contacts CB Insights Emily Veach, +1 212-292-3148, ext. 1007 Communications Manager press@cbinsights.com or Loop AI Labs Marco Torresi, +1 415-384-1678 Head of Global PR media@loop.ai End
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