Written by Jennifer Kite-Powell
With governmental-backed funding for science in question, incubators and accelerators like TechCode and MassChallenge are picking up the pieces for AI and machine learning startups.
MassChallenge in Boston recently announced their 2017 class which has a two-fold increase in machine learning and AI start ups. Out of the 128 startups, 30 percent are healthcare and life sciences while only six percent are cleantech and energy.
“Every year, we see an increase in the number of startups that apply to our accelerator program to launch and grow their machine learning technologies,” said Kiki Mills Johnston, Managing Director, MassChallenge Boston. “As our society generates more and more data across industries, young, nimble companies have stepped up to play a critical role in making sense of those insights and extracting real value. Today, startups are driving machine learning adoption and doing amazing things along the way, like identifying fresh water sources, improving visual communications, and even modernizing disease diagnostics.”
Read more in Forbes…