The new report has 497 pages, 51 forecast tables, and 17 charts. The Serious Play Conference is the exclusive reseller of the report.

“The market conditions are very favorable for suppliers,” reports Sam S. Adkins, chief research at Metaari and author of the report. “The major revenue opportunities are in the corporate segments and the federal government agencies across the planet. The revenues are heavily concentrated in North America and the Asia Pacific. While China is the largest buying country in the Asia Pacific region, the US is the largest buying country in the world by a large margin. The most lucrative revenue opportunities are in the US throughout the forecast period.”

The demand is high and the barriers-to-entry are falling fast. Suppliers no longer have to develop expensive proprietary AI but instead “rent” AI from cloud-based AI vendors (like IBM Watson) and buy relatively inexpensive premade and pretrained components in the growing number of online marketplaces. Startups are now able to get products to market very quickly.

Metaari has revised our AI-based Learning revenue forecasts significantly upward from previous forecasts. The rapid uptake of AI-based Learning coincides with the rapid evolution of AI technology in general. The competitive landscape is fundamentally different than it was a little over two years ago.

“Legacy suppliers are ‘buying their way in’ via acquisitions of AI-based Learning startups,” comments Adkins. “The major compelling pattern in the recent M&A activity is the growing number of acquisitions made by very large educational publishers and by the technology giants.”

Very large education publishers like Wiley, McGraw-Hill, Pearson, Houghton Mifflin Harcourt, Daekyo, Elsevier, Follett, Cornerstone, VitalSource, and Course Hero have all acquired AI-based Learning startups in the last two years. Tech giants like Apple, Google, Medtronic, Microsoft, SAP, and IBM have scooped up AI-based Learning startups as well. These companies are tapping the massive revenues in the booming AI-based Learning market and have effectively “bought their way in”. Intense M&A activity is often a sign of consolidation but that is not the case (yet) in the global AI-based Learning market.

“Well-funded startups are coming on the market at a steady pace,” comments Adkins. “Hundreds of new AI-based Learning suppliers have entered the market since 2018. More than half (59%) of the 700 suppliers cited in this report have obtained private investment in the last two years. What is interesting is that a large number of these startups obtained additional rounds in 2020.

A breathtaking $10.6 billion was invested in 406 AI-based Learning companies in 2020. Eight of the top ten funded AI-based Learning companies in the world were US companies.

There are six sections in this report: an overview of the global market conditions, an analysis of the major catalysts driving the market, a demand side-analysis, and a supply-side analysis. There is also an appendix with Metaari’s definition of AI-based Learning and an index of over 700 suppliers.

The supply-side analysis provides five-year revenue forecasts for three types of commercial AI-based Learning products and services: retail packaged content, custom development services, and AI-based Learning authoring tools and platforms. Packaged content revenue is further broken out by ten content categories and platform revenues are broken out for nine distinct tool types.

About Metaari

Metaari (formerly Ambient Insight) is an ethics-based quantitative market research firm that identifies revenue opportunities for advanced learning technology suppliers. We track the learning technology markets in 126 countries. We have the most complete view of the international learning technology market in the industry. Metaari focusses solely on advanced learning technology research on products that utilize psychometrics, neuroscience, location intelligence, game mechanics, robotics, cognitive computing, artificial intelligence, virtual reality, and augmented reality.

The press release Global AI-based Learning Market Surges to $34.9 Billion by 2026 comes from Xinwengao.com press release distribution and journalist media database service in China.

The initial US$267 million close on this round also had participation from existing partners Fidelity China Special Situations PLC, 5Y Capital (formerly Morningside Venture Capital), Clearvue Partners, and Eight Roads, among others, bringing the company’s accumulated capital raised to over US$1.0 billion and post-money valuation to over US$5.3 billion.

“Pony.ai is approaching its mission of delivering autonomous mobility everywhere by building technology that allows vehicles to drive safely on public roads,” said Pony.ai CEO James Peng. “With new investments that support our growth and deepened partnerships with our existing investors, we are quickly advancing toward future mobility and bringing autonomous vehicle technology to the global market.”

“We see a significant global opportunity for autonomous vehicle technology,” said Olivia Steedman, Senior Managing Director, TIP, at Ontario Teachers’. “Pony.ai’s leading technology and deep, strategic understanding of the sector have helped to position the company as a leader in this space.”

“This is a milestone investment for our global TIP team,” said Ben Chan, Regional Managing Director, Asia Pacific, at Ontario Teachers’. “We are very excited to be part of Pony.ai’s growth story across the globe.”

Since its establishment in December 2016, Pony.ai has been committed to revolutionizing the future of transportation by building safe and reliable solutions for autonomous mobility. The company partners with top global original equipment manufacturers (OEMs) to standardize and commercialize autonomous technology.

Pony.ai has been offering its Robotaxi services to the general public in major cities across the U.S. and China, serving thousands of riders – and covering more than 3.5 million kilometers autonomously – since 2018. Pony.ai is also working closely with OEMs, tier-ones, and logistic companies to develop robotruck solutions targeting the long-haul logistics market.

“We are honored to welcome new partners to join our mission of delivering autonomous mobility on a global scale by building safe and reliable self-driving vehicle technology,” added Mr. Peng.

About Pony.ai

Pony.ai is a technology company building safe and reliable autonomous driving technology. Founded in late 2016, Pony.ai has been a pioneer in autonomous mobility technologies and services across the U.S. and China, spearheading public-facing Robotaxi pilots in both markets. Pony.ai is committed to creating a safe and sustainable mobility future by delivering autonomous mobility everywhere.

About Ontario Teachers’

The Ontario Teachers’ Pension Plan Board (Ontario Teachers’) is the administrator of Canada’s largest single-profession pension plan, with C$204.7 billion in net assets (all figures at June 30, 2020 unless noted). It holds a diverse global portfolio of assets, approximately 80% of which is managed in-house, and has earned an annual total-fund net return of 9.5% since the plan’s founding in 1990. Ontario Teachers’ is an independent organization headquartered in Toronto. Its Asia-Pacific regional offices are in Hong Kong and Singapore, and its Europe, Middle East & Africa region office is in London. The defined-benefit plan, which is fully funded as of January 1, 2020, invests and administers the pensions of the province of Ontario’s 329,000 active and retired teachers. For more information, visit otpp.com and follow us on Twitter @OtppInfo

The press release Pony.ai raises US$267 million in C round, bringing its valuation to over US$5.3 billion comes from Xinwengao.com press release distribution and journalist media database service in China.

Beijing, China, June 12, 2018 /Xinwengao.com/ - China Money Network, a leading professional investment and technology media and data company, today proudly presents the launch of China AI Top 50.

A list of 50 leading Chinese artificial intelligence companies, accompanied by a research report based on proprietary data collated by China Money Network, will be released at the World Economic Forum 2018 Annual Meeting of the New Champions in Tianjin, China, 18-20 September, in front of top-level global government officials, influential business leaders and international media organizations.

“As China Money Network tracks China’s technology and venture capital industry everyday, we have accumulated tens of thousands of data points within the Chinese AI industry,” says Nina Xiang, founder of China Money Network. “As professionals around the world thirst for real knowledge and local insights on the Chinese AI sector, China Money Network is well positioned to provide the most thoroughly researched literature and data on this topic.” 

China AI Top 50 will be the first of its kind and China Money Network will conduct and collect core data points, supervise site visits and execute face-to-face interviews to analyze the country’s leading artificial intelligence companies in a thorough, in-depth and fact-based thought leadership report. 

The list and report will shed light on the Chinese AI industry, which has increasingly become a sensitive topic as trade conflicts between China and the United States appears to escalate. 

China Money Network today invites all Chinese artificial intelligence companies to participate in an exclusive online survey to be shortlisted for this esteemed list. 

Companies can complete the 10-minute online survey by clicking this link: https://www.chinamoneynetwork.com/china-ai-top-50-nominations

The deadline to complete the online survey is July 12, 2018. 

Companies will be measured based on factors including their core technology, R&D capabilities, business fundamentals, team strength and potential prospects. The China Money Network Research team will then conduct follow-up meetings and interviews to verify facts and gain additional insights from management teams. 

“Don’t miss out on this exclusive invitation to enter or nominate for this distinguished listing on the Chinese AI industry,” said Naveet McMahon, co-founder and managing partner of China Money Network. “I have no doubt that China AI Top 50 will become the who’s who listing for 2018 on the most valuable sector in the world’s second largest economy.”  

– END – 

About China Money Network:
China Money Network is a leading professional investment and technology media and data company. Founded in 2012 and based in Hong Kong, CMN hosts an AI-based bilingual platform that follows China’s smart investments and technology innovation every day. The professional team of China Money Network has more than 60 years of combined experience in professional media sectors, with members coming from the Wall Street Journal, Bloomberg, Financial Times, Haymarket Group and Acuris.

Millions of professionals globally rely on CMN specialist news, analysis, research and data to take the business pulse of China by following daily/weekly trends, expert network events, exclusive company rankings, customized thought leadership research, subscription-based digital services.

The press release China Money Network Launches China AI Top 50 comes from Xinwengao.com press release distribution and journalist media database service in China.

Shanghai, China, August 29, 2017 /Xinwengao.com/ - The artificial intelligence revolution has begun. PwC estimates that thirty-eight percent of jobs in the U.S. are at high risk of being replaced by robots and AI within 15 years. Prominent Chinese AI investor Dr. Kai-Fu Lee predicts half the jobs in the world could be replaced by AI in ten years time.

So organizations should start preparing now for the arrival of the AI workforce which promises to disrupt companies big and small. Properly implemented, AI will improve efficiency, generate higher margins and enable those that have a smart AI strategy to outsmart those that don’t.

To address these and other questions, China Money Network is proud to host The AI Evolution Series: Prepping For The AI Workforce. Register now to join leading AI scientists, CEOs and investors from Gobi Partners, WorkFusion, and Xiaoi Robot for an insiders’ panel discussion and open Q&A. Enjoy networking with other attendees of business executives and AI experts.

Only limited seats available. Register now to secure your chance to listen to the insiders.  More information here:
https://www.chinamoneynetwork.com/china-money-networks-ai-evolution-series-prepping-for-the-ai-workforce

EVENT DETAILS:
Date: Monday, Sep 4, 2017
Time: 17:00-19:00
Location: Naked Hub, 3/F, 380 Huangpi Nan Lu, Huangpu District, Shanghai
Language: English

FEATURED SPEAKERS:
Gobi Partners: Ken Xu
Ken is the managing partner of Gobi Partners, a Chinese venture capital firm focused on information technology, telecom, media and technology (TMT) and digital media industries. His work on the investment side covers areas such as wireless applications, location-based services (LBS), mobile SNS, and cloud computing. He also has extensive experience in multiple industries, including information technology (IT), financial services, real estate, and construction.

WorkFusion: Max Yankelevich
Max is the founder and CEO of WorkFusion, an AI company helping financial services and other big corporations to replace white-collar office workers with AI systems.  New York-based WorkFusion has raised US$75 million in venture funding, and has helped corporations save millions by deploying AI tech to take over repetitive back office work.  Max attended MIT where he studied computer science and mathematics.

Xiaoi Robot: Yiya Xu
Yiya is the senior VP at Xiaoi Robot, a Chinese AI company listed on the New Third Board. Xiaoi Robot helps giant Chinese corporations including China Telecom, China Unicom, and Bank of China replace human staff at their call centers, in addition to provide other AI solutions. Before joining Xiaoi Robot in 2010, Yiya worked at Microsoft China and Apple China.

MODERATOR:
China Money Network: Nina Xiang
Nina is the co-founder of China Money Network, the leading information platform for China’s VC and tech markets.  Before co-founding CMN, Nina worked at Bloomberg BusinessWeek and Institutional Investor magazine, in addition to serving as part-time correspondent for China Business Network and China Radio International.

EVENT AGENDA:
17:00-17:15: Guests check-in
17:15-17:20: Introduction and Welcome remarks
17:20-18:10 Panel discussion
18:10-18:30: Open Q & A
18:30-19:00: Networking

DISCUSSION TOPICS:
– How fast will the AI workforce arrive at your company’s office?
– How should companies and professionals prepare for the arrival of the AI workforce?
– How to come up with a well-thought-out AI strategy?
– What are the challenges in implement an AI plan, and how to overcome them?

FOR REGISTRATION AND SPONSORSHIP, PLEASE CONTACT:
Raro Leow
Business Development Associate
China Money Network
rleow@ChinaMoneyNetwork.com

The press release Artificial Intelligence Experts Converge On Shanghai Next Week comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, China, March 10, 2017 /Xinwengao.com/ - China Money Network Limited, the go-to source of Chinese smart investments and tech innovation news for millions of global investors, today launches the China Top 10 AI Ranking to highlight the country’s finest artificial intelligence companies.

China’s best artificial intelligence companies are engaged in a variety of industries including image recognition, voice recognition, robotics and healthcare. These companies, backed with billions of venture capital and staffed by an army of research staff, have a real chance to rival U.S. technology leadership if they continue to invest in research and development.

“There has never been a more exciting time in China’s technology sector, and we are launching the China Top 10 AI Ranking to capture those emerging technology giants that may potentially reshaping our future,” said Nina Xiang, executive editor and co-founder of China Money Network. “Hundreds of millions of people in China have used tools and functions facilitated by these tech unicorns, and their impact will only grow rapidly in the coming years.”

Chinese authors already pen more academic papers on deep learning, a key AI category, than writers in the U.S. By Sinovation’s estimates, around 43% of the most influential AI papers, taking up 55.8% of total quotations in the field, were authored by Chinese nationals or people of Chinese descent.

Venture funding in AI companies has exploded. In the 12 months ending June 30, 2016, 202 Chinese AI start-ups raised around RMB6.8 billion (US$1 billion) in total, a record high. The number of AI companies receiving venture funding and their aggregate venture financing during 2015 and 2016 outstripped both aggregate deal volume and deal value for all previous years combined, according to a research report co-authored by Netease. In comparison, over 550 startups using AI as a core part of their products raised US$5 billion in venture funding globally in 2016, according to data from CB Insights.

The China Top 10 AI Ranking is based on a simple metric: Total venture financing raised and revealed by each company. The quality of the investors in terms of their track record, performance and industry reputation are also considered. Government capital is not included as it may not be purely commercially driven. Only private companies are included. Those affiliated with publicly listed companies are excluded as well.

The final top ten list includes three voice recognition companies and two facial recognition companies, indicating strong demand by Chinese companies from refrigerator makers to smartphone manufacturers eager to incorporate these functions into their products. Three companies are robotics firms, as China’s strong manufacturing capabilities make the country an ideal place for making consumer-facing family robots. One company is in the healthcare sector while another provides AI-enabled marketing services.

For more information, please visit https://www.chinamoneynetwork.com/2017/03/07/here-are-chinas-top-10-ai-companies-challenging-us-tech-leadership to see the full list and ranking.

ABOUT CHINA MONEY NETWORK:
China Money Network is the go-to source of information and intelligence for millions of global investors looking to invest in the Greater China region. Started in 2011 in Shanghai as an investment podcast, it has evolved into a Hong Kong-headquartered independent professional media company offering compelling daily news and data services to investment institutions worldwide with over 13 million page views monthly and growing rapidly.

China Money Network’s services include real-time coverage of China’s venture capital, private equity and institutional investment industries; a top-rated audio/video podcast featuring prominent China-focused investment managers; an alternative investment managers database; offline events connecting top investors; a Chinese language platform zhongjintoux.com, and other value-added services bridging global investors with China opportunities.

FOR INQURIES, PLEASE CONTACT:
Wendy Wang
WendyW@ChinaMoneyNetwork.com

The press release China Money Network Launches China Top 10 AI Ranking comes from Xinwengao.com press release distribution and journalist media database service in China.