In mid-2016, Manish Singhal and Umakant Soni, both entrepreneurs in previous avatars, set up pi Ventures to invest in early-stage startups that use Artificial Intelligence (AI), machine learning (ML) and the Internet of Things (IoT) to solve problems across a range of sectors. The $30-million (around 190 crore) fund, which announced its first close at $13 million in March this year and received another $3 million infusion from the World Bank Group's International Finance Corporation in May, will look to invest in 18-20 startups in India over the next 3-4 years, according to Singhal. He speaks to Forbes India about his game plan. Edited excerpts:Source: Forbes
When you type 'machine learning' into Google News, the first link you see is a Forbes Magazine piece called "What's The Difference Between Machine Learning And Artificial Intelligence?" This article contained so many flowery, grandiose descriptions about ML and AI technology that I couldn't help but laugh. A few notable quotes includeSource: IoT For All
According to Spectrum Survey conducted by IEEE, R ranks 7th among the top 10 Programming Languages of 2018.Source: HOB
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