New Report Shows AI VC Funding Increased 450% in Last 5 Years
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A new report prepared by Yoav Shoham of the Stanford University showed that venture capital funding into artificial intelligence projects has risen as much as 450 percent in the last 5 years.
The AI Index report also took note of the growing importance of China in the AI sector. The Asian giant was mentioned 69 times in 94 page report, while India was mentioned only around 5 times.
The report, which was put together by a number of experts from organizations including the MIT, SRI International, OpenAI, Harvard, and McKinsey Global Institute, highlighted the increase in publishing of AI papers, investments and the effect of AI on gender, as well as the role of open source and public perception on the technology.
Source: Analytics India