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The 10 Hottest AI Startups Of 2021
Wade Tyler Millward
Startups Edifius, Eightfold AI and Orbital Insight are just some of the companies to grab CRN’s attention, as an IDC report puts revenue from the worldwide AI market in 2021 at $341.8 billion, up 15.2 percent year over year.
Abacus.AI
Bindu Reddy, CEO
Abacus.AI provides an end-to-end autonomous platform for training custom deep learning models and deploying them. The platform supports streaming pipelines, data wrangling, model monitoring and drift tracking, online and batch predictions and other capabilities, according to the San Francisco-based company.
In October, the company raised $50 million in a Series C round of funding led by Tiger Global with participation from Coatue, Index Ventures and Alkeon.
The company has raised about $34.9 million to date, according to Crunchbase. It was founded in 2019.
Before co-founding Abacus.AI, CEO Bindu Reddy worked at Amazon Web Services for more than a year. She left the company in 2019 with the title of general manager of AI and deep learning, AI vertical services.
Post Intelligence, a previous startup she co-founded and led as CEO, was acquired by Uber in 2017.
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