{"id":11066,"date":"2022-01-07T15:19:00","date_gmt":"2022-01-07T09:49:00","guid":{"rendered":"https:\/\/www.mygreatlearning.com\/blog\/artificial-intelligence-investors\/"},"modified":"2024-12-03T17:59:32","modified_gmt":"2024-12-03T12:29:32","slug":"artificial-intelligence-investors","status":"publish","type":"post","link":"https:\/\/www.mygreatlearning.com\/blog\/artificial-intelligence-investors\/","title":{"rendered":"Top Artificial Intelligence Investors of 2024"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"top-ai-investors-in-2024\"><strong>Top AI Investors in 202<\/strong>4<\/h2>\n\n\n\n<p>2022 saw some big investments in Artificial Intelligence and&nbsp;Machine Learning. The biggest takeaway from this year\u2019s investment is, perhaps, that businesses around the world are&nbsp;<strong>banking on AI<\/strong>&nbsp;like never before since a lot of the big companies are actively funding research in the domain.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Softbank and LPs Invest in AI<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Softbank and limited partners Microsoft, Apple and Foxconn had announced the second Vision fund this year. This $108 billion funding includes a hefty $38 billion from Softbank Group alone. The series of Vision Fund has received 62% returns till date. With the most recent investment, Artificial Intelligence and Machine Learning research is expected to reach new heights.<br><\/p>\n\n\n<figure class=\"wp-block-image size-large is-resized td-caption-align-https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_456591649.jpg zoomable\" data-full=\"https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_456591649.jpg\"><img decoding=\"async\" width=\"500\" height=\"341\" src=\"https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_456591649.jpg\" alt=\"AI Investment by MIT\" class=\"wp-image-11075\" style=\"width:736px;height:502px\" srcset=\"https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_456591649.jpg 500w, https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_456591649-300x205.jpg 300w, https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_456591649-218x150.jpg 218w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>MIT Commits to $1.1 Billion for AI Research<\/strong><\/li>\n<\/ul>\n\n\n\n<p>MIT committed towards a $1.1 Billion for MIT Schwarzman College of Computing in September 2019. A part of this fund ($350 million) came from Stephen Schwarzman, chairman, CEO and co-founder of global asset manager Blackstone. The college of computing\u2019s research will focus on providing transformative solutions for global problems at scale. The new campus is expected to be completed by 2022.&nbsp;<br><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Microsoft Invested in OpenAI&nbsp;<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Towards the beginning of this year, Microsoft invested $1 Billion in OpenAI. This is undoubtedly a big investment which can lead to bigger AIML developments. For now, Microsoft is focusing on building an OpenAI platform that will create new AI technologies and improve artificial general intelligence. This investment will also fund Azure Cloud credits and general AI infrastructure.&nbsp;<br><\/p>\n\n\n\n    <div class=\"courses-cta-container\">\n        <div class=\"courses-cta-card\">\n            <div class=\"courses-cta-header\">\n                <div class=\"courses-learn-icon\"><\/div>\n                <span class=\"courses-learn-text\">AI &amp; Machine Learning<\/span>\n            <\/div>\n            <p class=\"courses-cta-title\">\n                <a href=\"https:\/\/professionalonline2.mit.edu\/no-code-artificial-intelligence-machine-learning-program\" class=\"courses-cta-title-link\">MIT No Code AI and Machine Learning Program<\/a>\n            <\/p>\n            <p class=\"courses-cta-description\">Learn Artificial Intelligence &amp; Machine Learning from world-renowned MIT faculty. Get a completion certificate and grow your professional career.<\/p>\n            <div class=\"courses-cta-stats\">\n                <div class=\"courses-stat-item\">\n                    <div class=\"courses-stat-icon courses-user-icon\"><\/div>\n                    <span>5,331 Ratings<\/span>\n                <\/div>\n                <div class=\"courses-stat-item\">\n                    <div class=\"courses-stat-icon courses-star-icon\"><\/div>\n                    <span>4.71\/5 Rating<\/span>\n                <\/div>\n            <\/div>\n            <a href=\"https:\/\/professionalonline2.mit.edu\/no-code-artificial-intelligence-machine-learning-program\" class=\"courses-cta-button\">\n                View Program\n                <div class=\"courses-arrow-icon\"><\/div>\n            <\/a>\n        <\/div>\n    <\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Russia Raises $2 Billion for AI Research<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The Russian Direct Investment Fund (RDIF) raised money from foreign investors worth $2 billion to aid domestic companies in their AI research. These Russian companies in question are working towards developing Artificial Intelligence solutions that can power futuristic business needs.&nbsp;&nbsp;<br><\/p>\n\n\n<figure class=\"wp-block-image size-large td-caption-align-https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_586887884.jpg zoomable\" data-full=\"https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_586887884.jpg\"><img decoding=\"async\" width=\"1000\" height=\"750\" src=\"https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_586887884.jpg\" alt=\"IBM Invests in AI\" class=\"wp-image-11077\" srcset=\"https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_586887884.jpg 1000w, https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_586887884-300x225.jpg 300w, https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_586887884-768x576.jpg 768w, https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_586887884-696x522.jpg 696w, https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_586887884-560x420.jpg 560w, https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_586887884-80x60.jpg 80w, https:\/\/www.mygreatlearning.com\/blog\/wp-content\/uploads\/2019\/12\/shutterstock_586887884-265x198.jpg 265w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>IBM Invested $2 Billion towards AI Research<\/strong><\/li>\n<\/ul>\n\n\n\n<p>IBM is investing heavily into its new AI research hub based in New York. This AI Hardware Centre will look into areas concerning computer-chip research, development, prototyping, testing and simulation. This centre of research aims at boosting the growth of emerging technologies.<br><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Volkswagen Invested  $2.6 billion in AI Startup<\/strong><\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.mygreatlearning.com\/artificial-intelligence\/courses\/eligibility\">Check out the detailed eligibility requirements for the different AI courses offered by Great Learning<\/a><\/div>\n<\/div>\n\n\n\n<p>With driving automation taking the automobile industry by a storm, Volkswagen invested $2.6 billion in a startup in self-driving. Argo AI is doing some phenomenal work in autonomous mobility. Based out of Pittsburg, Argo AI has already gathered a lot of support from other automobile companies like Ford in the past.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"How relevant is Artificial Intelligence\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/8vHWvN_1yKw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><br>If you want to know more about upskilling in this domain, <strong>check out the <a href=\"https:\/\/www.mygreatlearning.com\/pg-program-machine-learning-course\">machine learning course <\/a>and  <a href=\"https:\/\/www.mygreatlearning.com\/artificial-intelligence\/courses\">AI ML courses<\/a><\/strong> and up-skill. <\/p>\n\n\n\n<div style=\"background-color: #efefef;border: 1px solid #000;padding: 8px\"><p><b>Find  Artifical Intelligence Course in Top Indian Cities<\/b><\/p> \n    <a href=\"https:\/\/www.mygreatlearning.com\/pg-program-artificial-intelligence-course-in-chennai\" title=\" Artifical Intelligence Course in Chennai\">Chennai<\/a> | \n    <a href=\"https:\/\/www.mygreatlearning.com\/pg-program-artificial-intelligence-course-in-bangalore\" title=\"Artifical Intelligence Course in Bangalore\">Bangalore<\/a> | \n    <a href=\"https:\/\/www.mygreatlearning.com\/pg-program-artificial-intelligence-course-in-hyderabad\" title=\" Artifical Intelligence Course in Hyderabad\">Hyderabad<\/a> | \n    <a href=\"https:\/\/www.mygreatlearning.com\/pg-program-artificial-intelligence-course-in-pune\" title=\" Artifical Intelligence Course in Pune\">Pune<\/a> | \n    <a href=\"https:\/\/www.mygreatlearning.com\/pg-program-artificial-intelligence-course-in-mumbai\" title=\" Artifical Intelligence Course in Mumbai\">Mumbai<\/a> | \n    <a href=\"https:\/\/www.mygreatlearning.com\/pg-program-artificial-intelligence-course-in-delhi-ncr\" title=\" Artifical Intelligence Course in Delhi NCR\">Delhi NCR<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Top AI Investors in 2024 2022 saw some big investments in Artificial Intelligence and&nbsp;Machine Learning. The biggest takeaway from this year\u2019s investment is, perhaps, that businesses around the world are&nbsp;banking on AI&nbsp;like never before since a lot of the big companies are actively funding research in the domain. Softbank and limited partners Microsoft, Apple and [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":11073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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