Investment: Abacus.AI

Abacus.AI (formally RealityEngines.AI) is an AI research company that is focused on hard problems that enterprises have. Today, most North American organizations haven’t managed to deploy AI in production yet. The key reasons behind this include incomplete and noisy datasets, the exorbitant cost of finding, hiring and retaining esoteric talent required to put an AI/ML system in production, and the black box nature of neural-net based AI/ML models that sometimes result in predictions that can’t be explained easily and may introduce bias. They are working on a number of research areas to address these issues. Their research will be packaged into easy-to-use pay-as-you-go cloud service(s) that will be accessible to all enterprises later this year. In the meantime, they are partnering with a few select organizations who want early access to our research, to apply it to the problems they currently have.