It seems like AI and robotics have become the favourite industries of venture capitalists, with some $5bn invested across 658 deals in 2016 alone. This is a huge growth from what was just a nascent industry in 2012 (which had less than $600m in investments across 160 deals).
It also seems that politicians have begun to pay attention, with the UK government having recently announced an investment of £20m in artificial intelligence research, including robots and driverless cars. The European Union has also been eyeing the topic, outlining the possible issues and therefore the need for EU-wide rules to enforce […]
Full Post at themarketmogul.com