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Majority of Promising AI Startups Are Still Based in the U.S.

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The most promising startups using artificial intelligence are U.S.-based companies working in the fields of health care, retail, and transportation, according to a study that looked at budding AI companies around the world.

Of the top 100 startups in AI, 65% were based in the U.S., though some of those had dual headquarters in China or elsewhere, according to an analysis by CB Insights, a tech research group that looked at data on close to 5,000 startups around the world.

"These would be companies to watch that are doing really interesting research in AI," says Deepashri Varadharajan, the lead analyst on the report. "Some of them might get acquired. Some might have successful product launches."

The research group considered venture capital investment, patent activity, and market potential to develop its list of the companies most likely to succeed. The high percentage of U.S.-based companies reflect the country's historical dominance in AI research, Varadharajan says.

From Bloomberg
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