Startup with founders from Pinterest, LinkedIn
were recognized by Forbes as a top innovator for helping data
scientists quickly build predictive models with AI
MOUNTAIN
VIEW, Calif., April 23,
2024 /PRNewswire/ -- Kumo AI, a leader in
predictive AI, today announced it has been named to the 2024 Forbes
AI 50 list which recognizes the most promising privately-held
artificial intelligence companies. According to Forbes, the
startups on the list have evolved from capturing customers'
imaginations to capturing billions of dollars in collective revenue
and represent a wide range of use cases across a variety of
industries.
Kumo's predictive AI solution quickly creates high performing
machine learning models that help data scientists better predict
user and customer behaviors. With up to 75% more accurate
predictions and dozens of questions answered in a day, companies
can innovate faster, improve business agility, and drive revenue
gains.
"AI is permeating every aspect of business and this year's
Forbes AI 50 list demonstrates how far this technology has already
evolved in a very short time," said Vanja
Josifovski, co-founder and CEO of Kumo AI. "As companies are
experimenting and learning how to deploy AI successfully, we know
that business agility based on forecasting future trends is a key
competitive advantage. To that end, Kumo is focused on helping data
teams build better models faster with AI, which enables businesses
to unleash the full potential of their data warehouse and drive
real business outcomes."
The Forbes AI 50 list honors privately-held global companies
based on criteria including business promise and innovative use of
AI. To select the list, Forbes worked in partnership with Sequoia
Capital and Meritech Capital to evaluate applicants using both
quantitative and qualitative information including revenue,
business growth, and valuation. Judges reviewed nearly 2,000
submissions to determine the top startups that are applying AI to
solve business problems across various industries. Kumo AI was
included alongside other leading data and analytics companies
Anthropic, Cohere, Hugging Face, and Scale AI.
Follow Kumo
AI
LinkedIn: https://www.linkedin.com/company/kumo-ai/
X (formerly Twitter): https://twitter.com/Kumo_ai_team
Blog: https://kumo.ai/blog
About Kumo AI
Kumo AI is revolutionizing the way businesses create predictions
from their data warehouse. Kumo uses AI to quickly create high
performing machine learning models that help data scientists better
predict user and customer behaviors with best-in-class accuracy.
Built by preeminent AI leaders from Pinterest, Airbnb, and LinkedIn
and backed by Sequoia Capital, Kumo AI is transforming the future
of applications, making predictive AI accessible and practical for
companies of all sizes. To learn more, visit kumo.ai.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/kumo-ai-named-to-the-forbes-ai-50-list-of-top-artificial-intelligence-companies-of-2024-302124643.html
SOURCE Kumo AI