“A Deep Dive in the Venture Landscape of AI” – Ajit Nazre & Rahul Garg Aniruddha “Ajit” Nazre

Artificial Intelligence (AI) has been around since the term was coined in 1955 by John McCarthy. AI is on its third life after the first one ending in the 70s when funding from US federal sources dried up and the second one ending after the crash of the LISP machine market. It appears that in its third reincarnation that started in the 90s, AI is here to stay for the long run.The field of AI has expanded to various fields as shown in the classification (chart 1). Chart 1: Classification of AI Thanks to advances in computing, networks, storage, big data, and neuroscience AI is getting more accurate in prediction. Its applications are ubiquitous in both consumer and industrial settings. We use it daily on our smart phone in the…


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