The Survival of AI Startups in the COVID Crisis – and Implications for Business

Daniel Faggella

Daniel Faggella is Head of Research at Emerj. Called upon by the United Nations, World Bank, INTERPOL, and leading enterprises, Daniel is a globally sought-after expert on the competitive strategy implications of AI for business and government leaders.

The Survival of AI Startups in the COVID Crisis

At Emerj, for over three years, we've been tracking the development of artificial intelligence startups and solution providers across industries, speaking to founders and team members and communicating with the enterprise leaders and buyers who depend on this ecosystem of AI solutions. 

In the last month, we've put a strong focus on determining the impact of the coronavirus on the artificial intelligence ecosystem and getting a sense from vendors and large companies as to which of them are likely to survive the economic downturn. The results don't bode well for many artificial intelligence companies.

This article will highlight two of the biggest challenges that AI startups face and how they might address them: That B2B AI startups are already struggling with cash, and that AI deployment is an uphill battle to begin with.
B2B AI Startups Are Already Struggling With Cash
Very few artificial intelligence startups are generating revenue, let alone turning a profit. Most of them ar...

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