A few weeks ago, my colleague John Wu and I introduced the MAD Index, a new public market index to track the progress of “pure play” machine learning, AI and data public companies. This was an initial group of 13 companies, which has since then increased to 14, following the UiPath IPO.
Today, we’re introducing the Emerging MAD Index, a companion to the public MAD index. The idea is to track a group of private companies that show high potential to join the MAD Index in the future.
Just like the Public MAD Index, our goal is to capture “pure play” machine learning, AI and data companies.
In practice, that generally means infrastructure companies offering tools to store, process and analyze data, create and manage machine learning models, and/or automate core processes deep in the stack – broadly horizontal companies serving a variety of business needs across departments, industries and geographies.Continue reading “Introducing the *Emerging* MAD (Machine Learning, AI, Data) Index”