PitchBook’s 1Q 2018 Analysis of the Investment in Artificial Intelligence (AI) & Machine Learning (ML) market confirms that investment in AI Technology will not restrict its growth but will become more targeted. The report identified the following key issues; As a general-purpose technology, artificial intelligence (AI) and machine learning (ML) have potential use cases in virtually every industry and the ability to reshape the way people live and do business. Breakthroughs in deep learning in the past decade have engendered a proliferation of artificial intelligence applications into daily life and paved the way for further advancement in the field. VC investment in the vertical is on an extended growth trend to levels 12x above what we saw in 2008. 2017 recorded $6 billion invested across 643 VC deals in AI / ML. Similarly, after years of negligible exit activity, the last 2 years represented a substantial uptick in liquidity and a shift to a new […]