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São Paulo concentrates over half of all AI startups in Brazil

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Companies active in the sector are mainly concentrated in the biotechnology and human resources segments, according to a new study.
The state of São Paulo concentrates more than half of all companies focused on development of products and services around artificial intelligence, according to a new study. Considering the 702 startups currently active in the AI space mapped in the study by open innovation firm Distrito in association with KPMG, the state of São Paulo concentrates 51,9% of all companies. From a regional perspective, the South East of Brazil, which includes the states of São Paulo and Rio de Janeiro, concentrate 70,2% of the IA startups, followed by the South (22,5%), Northeast (3.

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