$NLP: How to spend a billion dollars

Abstract

Funding for AI start-ups in general is booming, and natural language processing as a subfield has not missed out. We take a closer look at early-stage funding over the last year—just over US$1B in total—for companies that offer solutions that are based on or make significant use of NLP, providing a picture of what funders think is innovative and bankable in this space, and we make some observations on notable trends and developments.