Forbes Reveals The AI 50 List
Forbes has partnered with Sequoia Capital and Meritech Capital to create the AI 50 list, a comprehensive rundown of private, U.S.-based companies using artificial intelligence in meaningful business-oriented ways. To be included, companies had to be privately-held and focused on techniques like machine learning, natural language processing, or computer vision.
The list was compiled through a submission process open to any AI company in the U.S. The application asked companies to provide details on their technology, business model, customers and financials like funding, valuation and revenue history.
Some of the notable trends this year: Augmented intelligence, which seeks to help humans do their jobs better and not replace them, is on the rise as the excitement over full automation loses some steam. Self-driving tech startups remain quite hot; the seven autonomous vehicle companies on this year’s list have raised over $3 billion in total venture capital. Another area to keep an eye on is AI applications to discover drugs or diagnose diseases faster.
The AI 50 list:
(Lemonade was selected for the list prior to news of its IPO.)
- Abnormal Security - Scans inboxes for malicious emails.
- AISERA - Automates IT, sales and customer-service tasks.
- AMP Robotics - Makes robots that identify and sort recyclables.
- Anduril Industries - Builds surveillance systems for national-security purposes.
- Anyscale - Helps software developers make machine-learning apps.
- ASAPP - Assists customer-service agents in real time.
- Atomwise - Discovers drugs with medical potential.
- Aurora - Makes software for self-driving cars.
- Biofourmis - Monitors patients’ health using wearables.
- Blue Hexagon - Detects network or cloud cyberattacks.
- Cerebras Systems - Builds computing chips for AI use.
- Cresta - Assists customer-service agents in real time.
- Dataiku -Develops tools for enterprises to build AI apps.
- DataRobot - Makes software for companies to develop AI models.
- DeepMap - Produces 3D maps for self-driving vehicles.
- Domino Data Lab - Provides tools for data scientists.
- Doxel - Detects and tracks construction-project problems.
- Drift - Builds chatbots to automate customer interactions.
- Drishti - Creates data sets by digitizing human actions in factories.
- Embark Trucks - Creates software for self-driving trucks.
- ExtraHop - Detects cloud cybersecurity threats.
- Fiddler Labs - Helps companies build and monitor AI apps.
- Genesis Therapeutics - Discovers drugs with medical potential.
- Ghost - Puts self-driving tech into conventional cars.
- Gong - Analyzes sales conversations.
- Hivemapper - Turns video footage into 3D maps.
- Icertis - Analyzes businesses’ contract risks.
- Karius - Looks for pathogens in blood tests.
- Krisp Technologies - Removes background noise from calls.
- Lemonade - Sells insurance using bots.
- Lilt - Assists human language translators.
- Moveworks - Resolves IT tickets autonomously.
- Nuro - Produces self-driving delivery robots.
- Observe.AI - Analyzes customer-service calls.
- Pony.ai - Makes software for self-driving cars.
- Recursion - Discovers potential drugs for rare diseases.
- SafeGraph - Creates data sets by tracking commercial spaces.
- Scale AI - Helps engineers speed up AI development.
- Shield AI - Makes mapping drones for national security.
- SigOpt - Develops software for enterprises to build AI models.
- Synack - Spots cybersecurity vulnerabilities.
- Textio - Gives suggestions on how to improve writing.
- TuSimple - Builds self-driving trucks.
- twoXAR - Discovers drugs with medical potential.
- UiPath - Creates bots that carry out repetitive processes.
- Unity Technologies - Provides software for app or game development.
- Upstart - Partners with banks to price loans.
- Vise - Offers financial planning and management.
- Viz.ai -Analyzes stroke risk from brain images.
- Zebrium - Detects and resolves software problems.
Microsoft: Building a secure foundation to drive NASCAR
Microsoft is a key partner of The National Association for Stock Car Auto Racing (NASCAR) and together they are driving ahead to create an inclusive and immersive new fan experience (FX).
These long-term partners have not only navigated the challenges posed by the COVID-19 pandemic with the use of Microsoft Teams and Microsoft 365, but are now looking to a future packed with virtual events to enhance the FX, well beyond NASCAR’S famous Daytona racetrack.
“Together, we've created a secure environment that's allowed for collaboration, but the future is all about the fans”, said Melinda Cook, General Manager for Microsoft South USA Commercial Business, who cited a culture of transparency, passion, adaptiveness, and a growth mindset as to why this alignment is so successful.”
“We've partnered to create a fluid, immersive experience for the users that is supported by a secure foundation with Microsoft in the background. We are focused on empowering and enabling customers and businesses, like NASCAR, to reach their full potential. We do this with our cloud platform which provides data insights and security.”
“Our cloud environment allows NASCAR to move forward with their digital transformation journey while we are in the background,” said Cook who highlights that Microsoft is helping NASCAR
- Empower employees productivity and collaboration
- Improve fan engagement and experience
- Improve environment security and IT productivity
- Improve racing operations
Microsoft Teams, which is part of the Microsoft 365 suite, enabled employees to work remotely, while staying productive, during the pandemic. “This allowed people to provide the same level of productivity with the use of video conference and instant messaging to collaborate on documents. Increased automation also allows the pit crews, IT, and the business to focus on safety, racing operations, and on the fan experience,” said Cook.
“We have started to innovate to create a more inclusive fanbase, this includes using Xbox to give people the experience of being a virtual racer or even leveraging some of the tools in Microsoft Teams to have a virtual ride along experience.”
“These environments are how we create a more inclusive and immersive experience for the fans. We're working on a virtual fan wall which allows people from new locations to participate in these events,” said Cook, who pointed out Microsoft was also helping bring legacy experiences alive from NASCAR’s archives.
“At Microsoft we can take it one level further by letting fans know what it's like to see the pit crew experience, the data and all the behind-the-scenes action. We will continue to improve automation with machine learning and artificial intelligence, from marketing to IT operations to finance to racing operations,” said Cook.
Christine Stoffel-Moffett, Vice President of Enterprise Technology at NASCAR, said: “Microsoft is one of our key partners. They have been instrumental in helping the NASCAR enterprise technology team re-architect our Microsoft systems to ensure an advanced level of security across our environment, contribute to our business outcomes, and focus on fan experience.”