Forbes has named AMP Robotics Corp. a pioneer and leader in artificial intelligence (AI) and robotics for the recycling industry, one of America’s most promising AI companies. The publication’s annual “AI 50” list distinguishes private, U.S.-based companies that are wielding some subset of artificial intelligence in a meaningful way and demonstrating real business potential from doing so. To be included on the list, companies needed to show that techniques like machine learning, natural language processing, or computer vision are a core part of their business model and future success.

“Earlier this year, we notched a milestone of ‘one billion picks’ over 12 months that demonstrates the productivity, precision, and reliability of our AI application for the recycling industry. It’s an honor to be deemed one of the country’s most promising AI companies, and we’re just getting started,” said Matanya Horowitz, AMP founder and chief executive officer. “There’s growing appreciation for the role of recycling in the domestic supply chain, in terms of keeping resources flowing and products on shelves, and resultant momentum around supportive policy initiatives that are putting some real wind in the sail for the industry. We’re pleased to play a role in enabling better efficiency, safety, and transparency to help transform recycling.”

AMP’s technology recovers plastics, cardboard, paper, metals, cartons, cups, and many other recyclables that are reclaimed for raw material processing. AMP’s AI platform uses computer vision to visually identify different types of materials with high accuracy, then guides high-speed robots to pick out and recover recyclables at superhuman speeds for extended periods of time. The AI platform transforms images into data to recognize patterns, using machine learning to train itself by processing millions of material images within an ever-expanding neural network of robotic installations.

“We consider AMP a category-defining business and believe its artificial intelligence and robotics technology are poised to solve many of the central challenges of recycling,” said Shaun Maguire, partner at Sequoia Capital and AMP board member. “The opportunity for modernization in the industry is robust as the demand for recycled materials continues to swell, from consumers and the growing circular economy.”

For more information, visit www.amprobotics.com.

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