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Technology Stocks : Investing in Exponential Growth
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From: Paul H. Christiansen5/1/2017 2:50:26 AM
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9 Computational Drug Discovery Startups Using AI



Recently we talked before how big data is the new frontier with just .05% of all data available today having been analyzed. There are really two reasons why this number is so low:

· 98% of big data has only been created in the last several years.

· A meaningful amount of this big data is the incessant drivel that you see people vomiting all over every form of social media (data which is turning out to be surprisingly useful in predicting whether or not they’ll pay back a loan).

This means that all kinds of gold prospectors are lining up with their freshly crafted artificial intelligence (AI) algorithms looking to extract all the value they can from this wild west of data before someone else does. Perhaps nowhere is there more excitement at the moment than the applications to be had in the healthcare industry. Here’s a look at just some of the startups that are applying artificial intelligence and big data to healthcare (courtesy of the bright minds over at CB Insights):

The application that we’ve circled above is “drug discovery” using AI or what’s also known as “computational drug discovery”. The reason that this is now a thing is not just because of all the big data that’s available now, but also because of how cheap cloud computing has become, not to mention the emergence of deep learning algorithms. Earlier last year we threw together a list of 4 startups playing in this space, and later came across another called BenevolentAI that made our list of the 5 biggest AI startups. Now we want to take an updated look at the players in this list and focus on what makes them different.

nanalyze.com
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