The rise in Artificial Intelligence Funding

With innovative automation processes and machine learning capabilities, artificial intelligence (AI) has revolutionized virtually any industry and enables task performance that required human intelligence in the past. Having such a huge impact has raised the aspect of artificial intelligence funding for a number of startups to take the reins of new-age innovations. Thanks to its promise of revolution and rapid developmental capability, AI has become the hottest sector to make investment recently.

Tech Giants Funding Artificial Intelligence

Organizations in almost every sector are providing artificial intelligence funds to different startups to develop automated tools and techniques for processes and better serve the customers. Some market giants that have started funding sequence for AI startups are:

  • Intel

A big name in processor and CPU manufacturing, Intel is the first tech giant that has initiated artificial intelligence funding to make an impact in the world of AI. Intel has an estimated investment that totals almost $117 million in 14 different AI startups, all working on different platforms. In 2016, Intel acquired Nervana and Movidius that has led to the launch of the Nervana Neural Network Processor (NNP) in 2019 to intensify the raining and interferences in AI models. The purpose of the development of NNP is the initiation of hardware solutions that has the combination present to adapt to different use cases. This means looking for specific applications, their needs, and the reduction of latency by delivering the results most appropriately to the data.

  • Nvidia

Nvidia has made some serious artificial investment funds attempting to power the technology for the future. AI programs require more powerful computing as compared to traditional targeting; hence heavy investment has enabled new chip designs to create a bridge for AI programs and execution. Nvidia has already invested heavily in AI processes for automotive, robotics, construction, and health care sectors. The AI-powered services enable the professionals to use new tools and methodologies needed in medical and related fields.

  • Google

AI plays an integral role in Google’s strategy for future growth to evolve into an AI-first world from the mobile-first ability. As a part of their artificial intelligence funding approach, they acquired DeepMind in 2014 for $400 million. AI has long been a core of Google’s products that ranges from algorithms to replies to Gmail. Google Assistance is a voice command system that recognizes voice commands for neural language processing. The major reason for Google to invest in AI is to make it as seamless and readily available to users as AI is the heart of Google’s operations.

Process of Artificial Intelligence Funding

Capturing the opportunity of artificial intelligence funding offered by the influence of the global economy requires an active approach with broad and flexible management. Managers have to use various tools that can identify and point out companies where revenue and development are dependent on the use of AI applications. The process of AI funding has 4 core areas:

Research: Searching for AI-driven companies where revenues are based on AI processes and to identify its potential.

Selection: Using the measuring and evaluation techniques to select the most attractive funding opportunities.

Portfolio: Making a portfolio based on the diversification of region, sector, and company name selected for approaching.

Monitoring: Taking all the risks and benefits in the notice and manage the fund acquired in the global economy for the latest industry development.

Maturity of AI Sector

As the artificial intelligence funding stages move to later phases, the sector has started to enter its maturity period. At this point, even more, money is being invested as a part of the funding program. Specific funding has increased along with the whole AI sector. Machine learning platform companies have developed algorithms based on the operations of their existing data. Companies apply these machine learning programs to optimize specific operations. Machine learning and computer vision related categories have fueled the artificial intelligence fund approach to remain consistent throughout the whole sector. It also implies that certain applications are developing and growing more rapidly in terms of development, adaptability and consist of bigger overall investment.

Final Word

Artificial intelligence fund has found its way into the development and adaptability of the sector. This funding sequence is essential because of the growth potential that the sector possesses to develop rapidly. Taking this factor into account, tech giants have invested a considerable amount in the hope of increasing their base of operation, and it has proved successful.

5 Key Reasons for Investors to Fund Artificial Intelligence

Tech trends always receive much hype for better or for worse. The reason behind such promotion is because whenever an unveiling of new technology happens, it brings many promises for true transformational effects. However, some of these much-hyped tech innovations also fail to live up to their promise, leaving the investors skeptical over the buzz of the next big thing.

Although, when it comes to artificial intelligence funding, investors need to take the hype much more seriously. AI-powered tech is already around us and almost every industry ranging from automotive to tech giants to data security companies has integrated the technology to boost their business. If you are still hesitant about the investment based on the growth potential of artificial intelligence in the long-term, consider your AI seed funding decision based on these 5 industry based reasons.

  1. Forecast to Hit Trillions till 2030

The most important reason that attracts new investors for potential AI funding is the estimation that the industry will inject $15 trillion to the global economy until 2030. This is almost a decade from now, but the main question that arises is what it means exactly?

The analysis made for the forecast states that AI will enable the companies to become more efficient and allow them to increase their production across a wide range of sectors that include healthcare, retail, communication, financial services, automotive, energy, transportation, and manufacturing. The cost savings from implementing AI over older systems and generating revenue from new services and hardware underlay a potential for the massive AI seed funding in the coming years.

  1. Great Benefit for AI Chipmakers

Another important reason for potential artificial intelligence investors is the benefit semiconductor manufacturers have gained due to growth in AI innovations. The AI chip market expects to reach up to $19 billion in the coming years. The chief winner among these id NVIDIA, a company whose GPU’s are in use by several tech giants and companies to increase their server’s ability to process images and speech information quickly. The pharmaceutical sector has integrated its computing powers to find a cure for diseases. NVIDIA has started to develop systems to handle the complex data processing required by the automotive industry. The company management believes they will reach a benchmark of $50 billion by 2023. This success story of NVIDIA is a reason alone for investors to consider AI funding now.

  1. Artificial Intelligence Essential for Autonomous Vehicles

Due to a rapid increase in the development and innovation of AI-related prospects, the technology itself has become an integral part of the autonomous vehicle idea. The idea thought of as a fictional dream has become a reality now, thanks to the advancements in AI-based innovations. The introduction of self-driving vehicles has used the AI technology of Alphabet’s subsidiary Waymo which was the first company to launch the first self-driving car last year. The company plans to put their artificial intelligence funding to expand their services and test ways to use autonomous vehicles for freight services before ultimately licensing it to other companies

A prediction made for 2040 states that almost 16% of the vehicles sold manually will be autonomous, which is why everyone from chip manufacturers to ride-sharing companies opts to develop this tech.

  1. Improvement in Data Sorting

AI seed funding is not just about churning out cool new gadgets but also to improve the already existing systems. In the case of data sorting, AI can improve the techniques that will make sharing and protection of data much easier. Data-driven companies use sorting techniques combined with machine learning to get a deeper insight into the customers. This allows them to gain valuable information from the pile of raw data that they produce. With companies collecting and creating a larger amount of data, such tools of AI will become more important in the future.

  1. Boost in Cloud Computing Market

Cloud computing services from some of the leading tech giants in the world have started to integrate AI-based technologies to make their services even smoother. Big names like Amazon that holds 32% of the cloud computing market has used machine learning and AI systems to host their cloud-based products. This prospect makes another reason for the investors to place their AI fund in the long run. Companies in the future will integrate AI systems for almost all of their internal and external operations.


The artificial intelligence market is here and is on the verge of constant growth. Forward-looking investors have the best chance to invest their AI seed funding, just like all the big companies have done. Over the next few years, more companies will adopt AI technologies to transform their industry and they are tapping the technology to keep up with their competitors.