AI startups outperform others in raising funding from venture capitalists

While fintech has enjoyed the largest share of funding in recent years, it appears to be losing its luster: in 2021, global fintech entities received $137 billion in funding, however, this decreased to $81 billion in 2022.

His heir apparent? AI.

Despite warnings from the “godfather of AI,” Dr. Geoffrey Hinton, that the “scary” chatbots he helped create at Google could become smarter than humans, investment in AI shows no signs of slowing down.

And according to the analysis carried out by Stanford University Institute for Human-Centered AI, global total corporate investment in artificial intelligence (AI) has been gaining pace. It reached nearly $276.14 billion in 2021, up 88% from the previous year when investors poured $146.74 billion into AI-focused companies.

the main players

Unsurprisingly, OpenAI has dominated funding (and headlines) since it launched its groundbreaking chatbot, ChatGPT, and has amassed $11 billion since its inception.

Hot on its heels, Anthropic, which was founded by former OpenAI employees to develop safer, more human-like AI, has raised $1 billion in three rounds of funding, $300 million of which has come from Google.

Meanwhile, Scale AI, a data annotation platform that provides high-quality data for training AI models, recently raised $117 million to fund 15 AI-specific projects. The company, founded in 2016, has raised $602.6 million in total.

The AI ​​race has just begun

While much of the job market conversation around AI has revolved around robots replacing workers, this surge in investment means the hiring landscape for those proficient in artificial intelligence and machine learning he is in solid health and ready to be chosen.

Ready to make your own mark on technology? VentureBeat’s job board features thousands of opportunities at companies that are pioneering the latest advancements in AI and ML, like the three below.

CTO for Data Privacy Startup with Equity Component, Captain Compliance, Fort Lauderdale

Captain Compliance is seeking a well rounded Developer and Software Engineering Team Leader to join their team as CTO. In this role, you’ll manage a team of developers and oversee software development projects from conception to implementation, act as a scrum expert to ensure the team is aligned and meeting sprint goals, collaborate with cross-functional teams to design, develop, and implement new features and functionality for your data privacy and compliance software, and write clean, maintainable, and well-documented code in a variety of languages, including but not limited to Java, Python, JavaScript, and SQL. See more details here.

Clinical Operations Contractor, Kintsugi, Remote

Kintsugi is on a mission to scale access to mental health care for all through novel voice biomarker software that can detect signs of depression and anxiety from short, free-form voice clips. Recently, Forbes named it one of the Top 50 Artificial Intelligence Companies to Watch in 2022 and Fierce 15 in 2023. As a Clinical Operations Contractor, you will help conduct research aimed at transforming the lives of millions of people affected by mental disorders. In this role, you will be responsible for supporting remote clinical studies and ensuring efficient research operations. Reporting to Kintsugi’s clinical research manager, you will work closely with the quality and regulatory team, fostering seamless collaboration. This unique opportunity allows you to make a significant impact within a high-growth healthcare and deeptech startup at a pivotal time in its journey. See the full job description here.

Chief Scientist, Afiniti, Washington

Afiniti is a leading provider of artificial intelligence that improves the customer experience and its proprietary technology matches customers and contact center agents based on how well they are likely to interact, leading to better experiences throughout the journey. the client’s. You are looking for a Chief Scientist with a passion for AI and mathematics, with a track record of delivering outstanding AI products. In this role, you will lead and inspire a team of expert scientists as they build the next generation of contact center technology. Key responsibilities include owning the strategic vision for Afiniti’s research, defining the team structure and ambitiously hiring senior leaders across the organization and working with C-suite executives to define clear priorities. You can access more information here.

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