Reinforcement learning is the next revolution in artificial intelligence (AI). As a feedback-driven and agent-based learning technology stack that is suitable for dynamic environments, reinforcement learning methodologies leverage self-learning capabilities and multi-agent potential to address issues that are unaddressed by other AI techniques. In contrast, other machine learning, AI techniques like supervised learning and unsupervised learning are limited to handling one task at a given time. With the advent of Artificial General Intelligence (AGI), reinforcement learning becomes important in addressing other challenges like multi-tasking of intelligent applications across different ecosystems. The technology appears set to drive the adoption of AGI technologies, with companies futureproofing their AGI roadmaps by leveraging reinforcement learning techniques. This report provides an analysis of the startups focused on reinforcement learning techniques across industries. Startup Ecosystem We describe the importance of agent-based learning methods and the core concepts related to reinforcement learning. The section includes a comparison of machine learning techniques, and an overview of topics like imitation learning, AGI, and model-based and model-free reinforcement learning algorithms. Further, we outline how reinforcement learning techniques can help address the current challenges of various industries in developing next-generation solutions. The report includes an analysis of startups leveraging reinforcement learning algorithms in key sectors like automotive, retail, industrial, financial services, robotics, healthcare, IoT, food industry, and several others. We cover 39 startups, out of which some prominent startups like Osaro, Kindred, Micropsi Industries, Wayve, Cerebri AI, and OpenAI have been reported in detail. Analysis of these startups has been undertaken basis their technologies, offerings, patenting activities, and future outlooks. Additionally, an overview of other startups including Latent Logic, NeuDax, Nnaisense PerimeterX, Deeplite, and Context Scout, which are leveraging reinforcement learning algorithms, has been covered in the ambit of the report. Startups covered in the report 1. Osaro 2. OpenAI 3. Acutronic Robotics 4. Wayve 5. Kindred 6. Prowler.io 7. Cerebri AI 8. Micropsi Industries 9. CogitAI 10. InstaDeep 11. Latent Logic 12. NeuDax 13. Ascent Robotics 14. Context Scout 15. Wasteless 16. Insilico Medicine 17. ProteinQure 18. Evo.Do 19. Remi 20. Optimal 21. AiGent-Tech 22. Learnable AI 23. HiHedge 24. Covariant.AI 25. AIdentify 26. Nnaisense 27. PerimeterX 28. Incelligent 29. Cogent Labs 30. Pricemoov 31. Dataone 32. Intelligent Layer 33. Kinta AI 34. Omina Technologies 35. Deeplite 36. Free Machines 37. Dorabot 38. Applied Brain Research 39. Neurocat Key insights: - Reinforcement learning is a prime technology for the of future self-learning, self-optimizing and other self-driving abilities needed in autonomous applications across industries. - Automotive, retail, ecommerce, and robotics is crowded with startups developing reinforcement learning techniques. - Reinforcement learning can address the requirements related to dynamic decision-making in autonomous vehicles targeting level 5 autonomy. - Other sectors exploring reinforcement learning are healthcare, financial services, food industry, manufacturing, education and telecom. - Startups that are offering reinforcement learning techniques in robotic solutions are focusing on robots as a service business model. Key questions addressed: - What are the advantages offered by reinforcement learning algorithms in comparison with the other machine learning models? - What are the basic concepts in reinforcement learning? - How can reinforcement learning address the technical requirements of different sectors and emerging applications? - What is nature and size of the startup ecosystem for reinforcement learning and how is it changing the landscape of traditional artificial intelligence? - What are the target industries and application areas for the new companies? - What are the technologies, future roadmap, partnership activities, limitations, and offerings of the reinforcement learning- focused startups across industries? - What are the potential collaboration opportunities for different industry segments to leverage reinforcement learning solutions for their businesses?
Table of Contents 1. Executive Summary 2. Introduction 3. Taxonomy of Reinforcement Learning Algorithms 3.1. Model-based and Model-free Methods 3.2. Imitation Learning 3.3. Artificial General Intelligence (AGI) 4. Reinforcement Learning Successes in Complex Gaming Environments 5. How Reinforcement Learning Benefits Different Industries 6. How Reinforcement Learning is Transforming the Present Scenario 7. Startup Ecosystem 7.1. Detailed Analysis of Prominent Startups 7.1.1. Osaro 7.1.2. OpenAI 7.1.3. Acutronic Robotics 7.1.4. Wayve 7.1.5. Kindred 7.1.6. Prowler.io 7.1.7. Cerebri AI 7.1.8. Micropsi Industries 7.1.9. CogitAI 7.1.10. InstaDeep 7.2. Other Startups that are Leveraging Reinforcement Learning Across Industries 8. Netscribes Insights and Recommendations 9. Acronyms 10. References
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