7 Startups Giving Artificial Intelligence (AI) Emotions
Summary
Founded in 2005, nViso is a privately-held Swiss startup with a $750K grant which was originally meant to develop an automatic prediction process for accurately categorizing patients needing tracheal intubation (plastic tube down the throat) for surgeries involving general anesthesia, a very costly procedure. Founded in 2014, Toronto-based startup, Receptiviti, has taken in $690K in total funding to develop a proprietary technology they called Linguistic Inquiry and Word Count or LIWC2015 which looks at what you write and then uses it to gather insights about your character, emotions, level of deception, or even how you make decisions. The Company uses a branch of artificial intelligence called Natural Language Processing (NLP) techniques to capture people’s emotions, social concerns, thinking styles, psychology, and even their use of parts of speech. The value proposition here was so compelling that BRAIQ was accepted into the techcenter program of Plug and Play, a global innovation platform that has graduated the likes of PayPal, Dropbox, and Lending Club with an admission rate tougher than Harvard (2%). The startup aims to provide intelligent objects like robots, self-driving cars, affective toys or even ordinary consumer electronic products with the capability to interact with humans via a microchip they call the Emotion Processing Unit (EPU).