Forbes recently released its AI 50, a list of America’s “most promising” private companies working in artificial intelligence. It’s an impressive lineup, with startups working on AI-based solutions to problems in a wide range of fields, from cybersecurity and fraud detection to weather forecasting and drug discovery.
What do these companies share? Many of their common features are unsurprising: a clear value proposition, solid funding and a robust customer base, for starters. But as we reviewed the list, another, less obvious trend became clear.
From our research at Georgetown’s Center for Security and Emerging Technology, we know that immigrant entrepreneurs play an important role in America’s technology industry, including the AI sector. For example, Google, Tesla and AI chipmaker Nvidia were founded by immigrants to the United States, and half of all Silicon Valley startups have at least one foreign-born founder. Overall, immigrants are twice as likely as native-born citizens to become entrepreneurs.
Read the full article at Morning Consult.