Abacus.AI Named After 2022 CB Insights AI 100 & the Forbes AI 50

Abacus.AI has been recognized for its achievements and advancements in artificial intelligence

SAN FRANCISCOJune 30, 2022 /PRNewswire/ — Abacus.AI, the industry’s first end-to-end artificial intelligence (AI)/Machine Learning (ML) platform, announced it was named after the 2022 CB Insights AI 100 List of Most Promising AI Startupsan annual list of the 100 most promising AI companies in the world.

make use of the CB Insights platform, the CB Insights team selected 100 private market vendors from a pool of more than 7,000 companies, including applicants and nominees. Suppliers were chosen based on factors such as R&D activity, patented mosaic scores, market potential, business relationships, investor profiles, news sentiment analysis, competitive landscape, team strength and technical novelty. They also rated thousands analyst briefings submitted by applicants.

Abacus.AI is specifically recognized in the ML platforms category, with companies developing tools to support AI development.

This recognition comes at an exciting time for Abacus.AI as they entered the . were recognized Forbes AI 50a list of the top 50 private companies in North America using AI to transform the future.

Forbes’ fourth annual 50 AI list, produced in partnership with Sequoia Capital, features the most attractive companies based on their use of AI technologies. Forbes reviewed hundreds of submissions from the US and Canada† Based on these submissions, their venture capital partners applied an algorithm that identified more than 120 companies with the highest quantitative scores. The top 50 companies were then hand-selected by a panel of expert AI judges.

“Over the decade there has been a significant paradigm shift in AI. Our interactions with AI have grown exponentially and companies are starting to see its efficiency in common business use cases. The challenge, of course, lies in finding ways to seamlessly integrate AI into their products in a fast and cost-effective way,” said Bindu Reddy, Co-Founder and CEO of Abacus.AI. “We still have a long way to go, but I am extremely proud of the progress the Abacus.AI team has made in building a unified end-to-end platform that enables organizations to address their AI, machine learning and Being able to fully realize deep learning is a real honor and privilege to receive recognition from Forbes and CB Insights and to stand alongside some of my industry peers.”

About Abacus.AI

Abacus.AI is the world’s first autonomous cloud AI platform that handles all aspects of machine and deep learning at the enterprise level. They provide customizable, end-to-end autonomous AI services that can be used to build data pipelines, specify custom machine learning transformations, and train, deploy, and monitor models.

Abacus.AI specializes in several use-case-specific workflows, including churn prediction, personalization, forecasting, NLP, and anomaly detection. The company boasts a world-class research team that has invented several neural architecture search methods that can create custom neural networks from datasets based on a specific use case. Abacus.AI has been adopted by world-class organizations, including several Fortune 500 companies.

About CB Insights

CB Insights builds software that helps the world’s best companies discover, understand, and make technology decisions with confidence. By combining data, expert insights, and work management tools, customers can manage their end-to-end technology decision-making process with CB Insights. For more information, visit www.cbinsights.com



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