The Top-10 French Artificial Tidings Startups

Although non mentioned inwards this slice M. Macron's outlook was in all probability influenced past times his stints at the  Ministère de l'économie et des finances and equally an investment banker at Rothschild & Cie Banque.

From Nanalyze:

As France’s youngest president at 40 years old, Emmanuel Macron is known for his strong handshake, boyish proficient looks, and his controversial method of selecting a mate. Recently, he fix his sights on artificial intelligence, announcing a authorities program to invest $1.8 billion into AI over the side past times side 4 years. The cornerstone of all this spending volition hold out inwards the healthcare sector, where the aim is to brand predictive in addition to personalized assist a reality using AI in addition to large data. This prompted us to create got a expect at the 10 almost funded French AI startups according to Crunchbase.

Founded inwards 2014, Shift Technology has raised $40 million to prepare an AI-based insurance fraud detection service. Their algorithm sorts through huge information sets to flag fraudulent claims that damage $80 billion a year globally. Since we outset came across this startup inwards our article on “10 Artificial Intelligence Startups inwards Insurance”, they’ve secured around other $28 meg inwards funding which is beingness used to expand coverage to novel types of insurance, opened upwards offices inwards New York in addition to Tokyo, in addition to prepare an automated claims treatment service debuting subsequently this yr that looks something similar this:

Pilot testing of the novel service on a sample of 1 meg claims documents resulted inwards a 97% accuracy ratio, which is better than human claims handlers. Shift Technology estimates it volition relieve $50 meg annually inwards compensation costs in addition to $20 meg inwards fraud leakage for every meg claims they process.

Founded inwards 2014, Prophesee has raised $37 million so far to prepare a “neuromorphic vision system” that mimics the human oculus in addition to brain. Covered inwards our recent article “Watch for These 8 AI Startups Doing Computer Vision”, Prophesee’s  applied scientific discipline provides an output equivalent to to a greater extent than than 10,000 frames per second, fifty-fifty in extreme lighting conditions, in addition to manages to produce this amongst high ability efficiency in addition to less information processing. That’s 10-100X ameliorate than the human eye, depending on who you lot ask. This efficiency hit is due to how their AI processes the images it sees. It looks solely at changes, equally opposed to taking thousands of pictures in addition to comparison each one. Use cases include the following:

Using this technology, production designers tin terminate add together multiple sensors without losing battery life in addition to computational power, making Prophesee an ideal platform for connected, autonomous, in addition to mobile applications inwards fields similar automotive, robotics or industrial automation. Prophesee is currently evaluating the sentiment of implementing the same event-driven approach to radar in addition to LiDAR outputs equally well....

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