Today, Artificial Intelligence (AI) startup Aito announced it’s latest funding round in which it raised €1.6M from B2B software investor henQ and launches the public version of its Predictive Database which combines machine learning and database into one single platform.
That AI is a hot market is not in question. Gartner says AI augmentation will create $2.9 trillion of business value in 2021. But before this can happen, one serious problem should be tackled: most AI projects flat out fail. And most failures in AI projects are because of a lack of skilled staff and unrealistic expectations according to recent IDC research. This is exactly what Aito is fixing.