Type Private
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Founded October 2016
Headquarters Montreal , Canada
Parent ServiceNow
Website www.elementai.com
How much was Element AI sold for?
California-based software company ServiceNow has officially acquired Element AI for “approximately” $230 million USD.15 Jan 2021
What is the name of the Element AI?
Anne Martel is a serial entrepreneur and Co-founder of Element AI. She is responsible for the vision, design, implementation, and continuous improvement of operations groups, namely brand and marketing, human resources, public affairs, government relations, and legal functions.
What does Element AI do?
Element AI is an artificial intelligence company that gives organizations unparalleled access to cutting-edge technology. The company launches and incubates advanced AI-First solutions in partnership with large corporations.
Who founded Element AI?
Gagné
What happened to Element AI?
California-based software company ServiceNow has officially acquired Element AI for “approximately” $230 million USD. The previously announced transaction closed on January 8, SEC filings confirm. Element AI positioned itself as a global leader in AI, but faced difficulty getting its products to market.15 Jan 2021
What does this AI do?
AI enables technical systems to perceive their environment, deal with what they perceive, solve problems and act to achieve a specific goal. The computer receives data - already prepared or gathered through its own sensors such as a camera - processes it and responds.4 Sept 2020
Which company is best for AI?
Company AI Focus
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NVIDIA (NASDAQ:NVDA) Graphics chips and self-driving cars
IBM (NYSE:IBM) Augmenting human intelligence across industries
Micron Technology (NASDAQ:MU) Memory chips for data centers and self-driving cars
Amazon (NASDAQ:AMZN) Voice-activated technology, cloud computing, and e-commerce
Is Canada leading in AI?
Canada is a leader in the global AI landscape, recognized internationally for the quality of its research, skilled talent pool, and contributions to AI innovation. Canadians are taking top spots on the global AI stage.1 Nov 2021
How many AI companies are there in Canada?
According to data compiled by Global Advantage in January 2020, the number of active “pure-play” AI firms (firms with a flagship product or service that implements AI) in Canada has doubled in the past five years to over 660.