+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

These are the 41 hottest AI startups worth at least $1 billion, across healthcare, finance, transportation and more

Aug 8, 2019, 22:18 IST

automation industry.Getty Images/ PhonlmiPhoto

Advertisement
  • CB Insights compiled a list of artificial intelligence companies that have reached a valuation of at least $1 billion.
  • These AI unicorns are using the technology across industries like cybersecurity, transportation, healthcare, agriculture, retail and finance.
  • Healthcare is the top industry for AI deals, with companies raising $7.3 billion across 922 deals over the past six years, according to CB Insights
  • Read the full list of all 41 companies which includes ZipRecruiter, Dataminr, SenseTime, and ByteDance.
  • Click here for more BI Prime stories.

CB Insights has compiled a list of every artificial intelligence company that has reached the $1 billion valuation mark, or what is often called unicorn status.

A total of nine startups reached a valuation of at least $1 billion in 2019 so far. Since 2013, 45 AI startups have joined the unicorn club.

The chart from CB Insights shows all AI unicorns that are current and exited from 2013-2019.Chart is courtesy of CB Insights.

CB Insights says it defines AI companies as, "those that use machine learning as a core differentiator, sell AI software, or built AI chips." The list excludes hardware-focused robotics startups and VR companies.

Advertisement

In its report "AI In Numbers" on financing through the middle of 2019, CB Insights found that healthcare was the leading industry for AI deals, coming in at $7.3 billion across 922 deals over the past six years. AI startups in finance and insurance raised $5.2 billion across 621 deals, while retail-focused firms attracted $2.7 billion across 561 deals.

Read more: One sector has emerged as the hottest area for AI investment. A top investor at Andreessen Horowitz told us why it's the 'natural next step' for the industry.

Take a look at all 41 of the current AI unicorns across various industries like transportation, healthcare, cybersecurity, agriculture, finance, and retail. The list, based on information compiled by CB Insights, excludes companies that have gone public or been acquired.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article