AI FactoryManufacturing unitManufacturing facility is BBVA's globalinternationalworld development center for the creation of artificial intelligence capabilities for both its solutions to customers – individuals and companies- as well as for the optimisation of the Group's internal processes. The new structure brings together a multidisciplinary team of data scientists in the same space, responsible for the Engineering area, as well as representatives of the business areas.
In this context, Analytics firm CB InsightPerception has released a new edition of its report on the 100th most promising AI-related startups.
Two Chinese companies have obtained the most funding, with SenseTime leading the rankingrating, after managing to raise $1.63 billion from different shareholders, some of them with as much pedigree as Honda Alibaba. It is followed by Face++ , which earned $608 million, Thank you, among others, to Lenovo. It so happens that both 'startups’ They specialize in facial recognition , This anticipates the importance that the use of this technology will have in the coming years. Thirdly,, after attracting $574 million (among them, from firms like Goldman Sachs) the North American company Zymergen , which is dedicated to finding alternatives to plastics and petroleum, while in fourth position is the first European, Britain's Graphcore , that received $310 million from entities such as IBM, Samsung Sequoia.
In totalcompletewhole, These 100 companies received a combined funding of $5.573 billion, revealing the growing importance of AI for investors, although it also denotes the loss of the train of technological leadership in Europe. Only eight of these companies originate in the Old Continent – of which six are from the United Kingdom, while more than seventy were born in Spain., which is a step backwards from the previous year's report , where it did appear , A company that, According to its founder, Xabi Uribe-Etxebarría, Work on a multilingual voice-enabled personal assistantprivate designed for smartphones, cars and digital devices".
The dominance of AI at a global level is transferred to another aspect that is also reflected in the CB Insights report, What is the number of patents?. According to the data collected, 62sixty two of the 100one hundreda hundred' startups’ They have applied to patent their technology in the North American country, representing more than 600 patent applications.
The 'unicorns'’ 2019 AI Survey
The data vary significantly when it comes to establishing a classification of startups’ specialized in AI according to their assessment. To establish such a valuation, within a universe of more than 3three.000 companies around the world, A number of factors have been analysed, such as the profile of the investors who participate, Your Market Potential, The Competitive Landscape, the human team, the degree of technological innovation they entail.
The two startups’ that have received the most funding are specialized in facial recognition"
Of all this, A group of 11eleven entities considered 'unicorns' has emerged’ when exceeding the rating of the 1.000 million dollars, that are developing AI innovations in sectors such as Healthcare, Telecommunications, Semiconductor, Finance & Retail. China's SenseTime is once again the leader, with a valuation of $4.5 billion, followed by two Americans: UiPath (3three.000 Million), Focused on robot machine learning primarily to improve supply chain efficiency; and Automation AnywhereAnyplaceWherever (2,600 million), which seeks to automate processes within companies that are not digitized through 'software software program RPA' ('Robotic ProcessCourse of Automation'), promising near-zero error rates.
I walk by technological religion Scooch
Despite these positive data that underline the importance that AI will have in the coming years, There is still work to be done. A globalinternationalworld survey conducted by IDC among more than 2,4004 hundred organizations and published in May reveals that one in four companies that are implementing a solution related to this technology in their production systems is having some kind of failure, while just over 20% have developed – are thinking of doing so in the near future- an enterprise-wide AI strategy.
Putting the spotlight on the U.S., perhaps the most advanced country in its use, yet 7 out of 10 workers admit that they do not use AI in their day-to-day work, although 29% believe that in the next five years it will impact their professional development in one way or another.
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StartBegin-ups 08 agoin the previous 2019
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