NEW YORK, April 7, 2021 / PRNewswire / – CB Insights appointed today Deci in the fifth edition IA 100 ranking, presenting the 100 most promising private artificial intelligence companies in the world.
“This is the fifth year that CB Insights has recognized the most promising private artificial intelligence companies with the AI 100, and it is one of the most global groups we have ever seen. This year’s cohort covers 18 industries and works on everything from climate risk to accelerating drug R&D, ”said CB Insights CEO Anand Sanwal. “Last year’s 100 AI companies had a remarkable run after being named to the list, with over 50% of them to raise additional funding (totaling $ 5.2 billion), including 16 mega-towers over $ 100 million. Many have also come out via M&A, SPAC or IPO. As industry after industry embraces AI, we expect this year’s class to experience similar levels of interest from investors, acquirers, and customers. “
“We are honored to be recognized by CB Insights as one of the best deep learning accelerators in the AI industry,” said Yonatan Geifman, CEO and co-founder of Deci. “The recognition only strengthens the validity of our mission, which is to make deep learning tools more accessible to AI developers across industries. skills to be overcome, otherwise companies will be unable to produce their solutions. AutoNAC (Automated Neural Architecture Construction) technology from Deci optimizes deep learning models and ensures that practitioners are able to solve the world’s most complex problems.
Using an evidence-based approach, the CB Insights research team selected the AI 100 from a pool of over 6,000 companies based on several factors including patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength and technological novelty. The Mosaic score, based on the CB Insights algorithm, measures the overall health and growth potential of private businesses to help predict the dynamics of a business.
By harnessing AI to create better AI, Deci automatically transforms deep learning models to be ready for efficient large-scale production. Using Deci’s deep learning platform, developers can overload AI models and accelerate the execution of deep learning up to 10 times on any hardware, including including AI chips for Edge & Mobile, CPUs and GPUs, for any periphery or vision related task. The Deci platform can redesign any deep learning model to maximize inference throughput and minimize inference latency (even down to real-time performance), while reducing costs and preserving the precision.
This award follows many milestones for Deci, including a broad strategic collaboration with Intel Corporation to optimize deep learning inference on Intel Architecture (IA) processors. The two work together to deploy innovative AI technologies to common customers. Deci and Intel’s collaboration started with MLPerf where on several popular Intel processors, AutoNAC technology from Deci accelerated inference speed the well-known ResNet-50 neural network, reducing latency of submitted models by a factor of up to 11.8x and increasing throughput up to 11x. In 2020, Déci raised $ 9.1 million in a first round to advance its deep learning platform.
Quick facts about the AI 100 2021:
- Equity financing and transactions: Since 2010, the AI 100 2021 cohort has brought together more than $ 11.7 billion in equity through more than 370 transactions involving more than 700 investors.
- 12 unicorns: Companies with valuations over $ 1 billion on the list cover applications as diverse as data annotation, cybersecurity, sales and CRM platforms, and business research.
- Geographical distribution: 64% of the companies selected are headquartered in the United States. Eight of the winners are based in the UK, followed by six each in China and Israel, and five in Canada. Other countries represented in this year’s list include Japan, Denmark, Czech Republic, France, Poland, Germany, and South Korea.
About CB Insights
CB Insights creates software that empowers the world’s best companies to discover, understand, and make technology decisions with confidence. By combining data, expert advice and work management tools, clients manage their end-to-end technology creation process on CB Insights. For more information, please visit www.cbinsights.com.
Deci inaugurates a new AI paradigm by using AI to create and operate AI models. Deci’s deep learning platform enables data scientists to turn their AI models into production solutions on any hardware, creating the next generation of AI for businesses at all levels. Deci’s proprietary AutoNAC (Automated Neural Architecture Construction) technology autonomously redesigns a company’s deep learning models to get the most out of its hardware. Founded in 2019 and based in Tel Aviv, Deci’s team of deep learning experts are dedicated to removing production bottlenecks throughout the AI lifecycle to give developers and engineers time to do what they need. ‘they do the best: creating innovative AI solutions for the complex problems of our world.
Garrett krivicich, Featured media
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