Nov 2017 Petuum
×70-person AI company raised $93M in Series B funding with plans to expand its team to 200 employees and build an internal sales and marketing team.
Photo Credit: Carnegie Mellon University
Pittsburgh is shaping the future of what’s next in AI: software, hardware, robotics and machine learning.
“Pittsburgh is one of the core centers of talent right now for this industry.”
Pittsburgh is home to Carnegie Mellon University: the birthplace of AI
U.S. AI grad program
Annual computer & information science R&D. 3rd highest in the U.S.
AI undergrad program
AI grad degrees awarded by CMU in the past five years
Universities & post-secondary CTE institutions
Growth of tech talent pool past 5 years to 45,440
Computer support database and systems employees; average wage $65,333*
Tech degrees & certificates awarded annually
Software developers and programmers; average wage $88,282 USD*
Computer and information systems managers; average wage $143,720*
*Employee numbers and average wages in AI-related positions based on 2018 data.
Accelerators, educational organizations & ecosystem leaders
AI-supporting accelerators & incubators
Unique regional startups attracted $3B in funding in 2019 (7x increase since 2010)
70-person AI company raised $93M in Series B funding with plans to expand its team to 200 employees and build an internal sales and marketing team.
Opened tech office in 2017 and plans to expand their workforce to 100 employees with a focus on Alexa voice technology and machine learning.
Two of Carnegie Mellon’s top AI + robotics researchers now lead Facebook’s newest AI lab in Pittsburgh on the university’s campus.
Partnered with Carnegie Mellon University to launch the Bosch Center for Artificial Intelligence (BCAI) Research Lab. Plan to build a team of up to 20 AI experts and invest $8M+ in CMU research through 2023.
Speech-to-text startup raised $8M in Series B funding, moved to an 11,000-square-foot facility in the Strip District and doubled its staff in 2019. Recently acquired for $59M by Medallia.
U.S. Army established its Artificial Intelligence (AI) Task Force at Carnegie Mellon University; the task force consists of 20 people between Pittsburgh and D.C.
The first teacher-friendly K-12 AI education startup launched in Pittsburgh in 2019. Owned and operated by Andrew Chen and WholeRen, another Pittsburgh-based education company.
Washington state-based industrial company set up an AI and data analytics center, also known as “The Fort,” in Pittsburgh after purchasing Industrial Scientific earlier in 2017.
Lawrenceville-based Edge Case Research announces seed round of $7 million in investment funding towards an intelligent safety assessment platform for autonomous vehicle software that operates at the speed of modern machine learning development.
Pittsburgh-based legal service AI startup will double its office space to nearly 3,500 square feet by 2022 to accommodate its growing team.
One of the most active early stage investors in the U.S. with startup support programs and two nationally ranked accelerators – AlphaLab and AlphaLab Gear – that help software and hardware startups get off the ground.
Supports the region’s technology-based companies with business development, talent retention, government relations and visibility services.
A public/private partnership focused on accelerating the status of Pittsburgh as a global innovation city and supporting the Innovation District of Pittsburgh’s Oakland neighborhood.
Founded in 2018 by robotics company leaders with the mission of accelerating robotics and AI adoption by bridging the Pittsburgh robotics community with the world.
Joint Carnegie Mellon University and University of Pittsburgh R&D Center
Received $5 million National Science Foundation grant in June 2020 to build Neocortex, a revolutionary AI supercomputer
Developer of a machine learning platform for companies to apply AI solutions across industries
Founded in 2016 and won $108 million in private equity funding within two years.
Entered Pittsburgh in 2014 with acquisition of Oculus
Expanded into a 150,000-SF building in early 2020 to accommodate up to 500 employees.
Entered Pittsburgh in 2012 with acquisition of Ariba and Smart Ops
Moved into a new $72 million regional headquarters and nearly doubled its regional employment to 1,000
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