Top 25 Machine Learning Startups To Watch In 2020

Abstraction: Forbes 2020 survey of top ML startups with funding data and use cases

Key points:

• 9,216 ML-focused startups on Crunchbase as of April 2020 (up 6% from 8,705 in 2019); AI companies raised $16.5B via 695 deals in 2019
• Top enterprise AI use cases: chatbots, process optimization, and fraud analysis; 1 in 10 enterprises uses 10+ AI applications
• OctoML ($18.9M): automated ML optimization built on Apache TVM — uses ML to optimize ML; SaaS platform Octomizer packages models for edge/cloud deployment
• Paige AI ($75M): cancer pathology ML from Memorial Sloan Kettering spin-out; prostate cancer detection product received FDA Breakthrough Device designation
• Olive ($123.8M): healthcare AI and RPA to automate repetitive clinical administrative workflows
• 37,492 US job postings and 81,385 worldwide requiring ML skills on LinkedIn at time of publication

Connections: Octoml · Machine Learning · AI Industry

Source: https://www.forbes.com/sites/louiscolumbus/2020/04/26/top-25-machine-learning-startups-to-watch-in-2020/