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Applications & OS News

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.

H20.AI 

Sri Ambati, CEO  

H20.ai provides automated machine learning capabilities around how AI is created and consumed. The Mountain View, Calif.-based company’s platform lets users build models and applications, monitor performance and adopt changes plus deliver solutions. Customers include Capital One, PwC and Progressive, according to the company.

This year, H20.ai raised $100 million in a Series E round of funding, boosting the company’s total financing to more than $250 million and raising its valuation to $1.7 billion.

Before co-founding the company, CEO Sri Ambati worked at DataStax for less than a year and at Java platform provider Azul Systems for more than six years.

 
Learn More: AI
Wade Tyler Millward

Wade Tyler Millward is an associate editor covering cloud computing and the channel partner programs of Microsoft, IBM, Red Hat, Oracle, Salesforce, Citrix and other cloud vendors. He can be reached at wmillward@thechannelcompany.com.

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