While the world may have been thrown for a loop with the COVID-19, AI startups have a decent chance to weather the economic storm.

Here are some factoids via Forbes.

  • There are 9,216 startups and companies listed in Crunchbase today who are relying on machine learning for their main and ancillary applications, products, and services, a 6% increase from 2019’s 8,705 startups & companies.
  • Artificial Intelligence-related companies raised $16.5B in 2019, driven by 695 deals according to PwC/CB Insights MoneyTree Report, Q1 2020.
  • Artificial intelligence deals decreased in Q1, 2020, down to 148 deals from 164 in Q4, 2019, according to PwC/CB Insights MoneyTree Report, Q1 2020.

Microsoft for Startups shares this highlight reel from the Spring MLADS conference.

In case you’re not familiar with MLADS, check out Data Driven’s coverage of the most recent one.

Twice a year, Microsoft assembles over 4,000 of our top data scientists and engineers for a two day internal conference to explore the state of the art around machine learning and data science.

Earlier this year, 30 leading startups who are active in the Microsoft for Startups program came to showcase their solutions and engage directly with the engineering teams.

Artificial Intelligence and Machine Learning are the latest in a long line of tech-worthy buzzwords.

Given the hype, it is often difficult to separate the technology from the marketing. Entrepreneurs need to understand what the technology actually does and the problems it solves.

In this talk by Seth Juarez, learn how AI and ML work, the kinds of problems it solves, and what the implications of its use are for your startup.

Armed with this practical knowledge, you’ll be able to make better decisions about where to start and how you can use machine learning and AI in your businesses.

For more information head over to https://aka.ms/aidevresources

Digitalization leads our world in a new are of technology.

Technology in Health-care is extremely important.

Fouad Al-Noor will teach you how to build a successful medical start up step by step: so that you don‘t have to fall in the Medtech Valley of Death.

Fouad has a masters in Electric Engineering with Nanotechnology from the University of Southampton. He worked as a research assistant at Imperial College London before joining Entrepreneur First.

He wrote his thesis on paper-based medical diagnostics using image processing.

Siraj Raval built a demo app called SmartSneaks that lets a user convert a song or image into a generated shoe design.

This is an example of how AI can be used to transform retail by giving users a more personalized experience. The tools he used to build this are the Flutter framework for mobile development and the Flask framework for web development. There are 3 learning objectives in this video including how to build a deep learning API for your mobile app, how to generate images with a generative adversarial network, and how to calculate image similarity with OpenCV.

Here’s an interesting investing move from two industry heavyweights.

Microsoft co-founder Bill Gates, Uber co-founder Travis Kalanick’s 101100 fund and current Uber CEO Dara Khosrowshahi have invested in Luminous, a small start-up building an artificial intelligence chip.

The investment shows key figures in the technology industry believe there is still an opportunity for a new standard to emerge when it comes to hardware for AI, which can be incorporated into a variety of software applications.

Watch Siraj Raval build tool for teachers that automatically grades and validates essays using modified versions of popular language models, specifically BERT and GPT-2.

From the description:

It’s called EssayBrain and I built it using the Python programming language, as well Flask, Tensorflow.js, Tensorflow, D3.js, CopyLeaks, Stripe, and Firebase. In this video tutorial, i’ll guide you through my process as I build this project. The code is open source and I’ll link to it below. Use it as inspiration to start your own profitable business in this space. We’ve got to upgrade education, and with the power of technology anyone anywhere can create a viable engineering solution that creates a positive impact. Enjoy!

Code: https://github.com/llSourcell/Watch-Me-Build-an-Education-Startup