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AI startup founders reveal their artificial intelligence trends for 2021

17 February 2021 AI startup founders reveal their artificial intelligence trends for 2021 From AI s increased use in healthcare, finance and HR to the challenge of talent acquisition and the growing importance of structured and unstructured data, 16 AI startup founders reveal their artificial intelligence trends for 2021 What are the big industry trends in the AI space? In the final article of a three part series focusing on what AI startup founders are doing to navigate the fast growth AI industry, Information Age spoke to 16 founders of some the UK’s leading AI startups and scaleups to understand their artificial intelligence trends for 2021, including its growing use in a variety of industries, the importance of data and talent, the impact of Covid-19 and the democratisation of AI.

AI startup founders reveal the wider industry trends developing in AI

AI startup founders reveal the wider industry trends developing in AI
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Major Financial Organisations Deploy causaLens Pioneering Causal AI Platform to Discover Key Causal Insights and Generate More Profitable Trading Strategies

(1) The world s first Causal AI platform, created by deep-tech scaleup causaLens, is being leveraged by financial services companies (including Aviva Investors, 2IQ, TIAA, CLS Group and a plethora of prominent hedge funds), to automatically extract valuable causal insights from financial data and boost the profitability of their trading strategies. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210203005129/en/ causaLens new website (Photo: Business Wire) The financial services industry relies on understanding the true drivers of dynamic markets, but current AI systems can only identify correlations. These curve-fitting machines are not scalable, require expensive and hard-to-hire teams of data scientists, offer limited explainability and ultimately do not work well for financial markets.

AI startup founders highlight the main pain points of running an AI business

2 February 2021 UK s leading AI startup and scaleup founders highlight the main pain points of running an AI business Founders from 16 of the UK s leading AI startups and scaleups have revealed to Information Age the main pain points of running an AI business There are a number of unique challenges that AI startup founders encounter when setting up and growing their business. Running and growing an AI startup comes with its own unique set of challenges compared to other sectors, ranging from; talent acquisition, how to implement the technology, busting the AI hype around what it is and its capabilities, the accessibility of trusted or secure data and a lack of AI expertise in industries.

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