Artificial intelligence is certainly impacting every industry by providing innovative solutions at a much faster rate than earlier days. While artificial intelligence is still in progressive stage and shaping every industry, it still requires more skilled workers.
As artificial intelligence is the new technology and is a very lucrative business that’s why many startups are emerging everyday with a lot of innovative concepts.
Out of so many startups most of the startups are really amazing and caught the attention of the people due to their accuracy in giving high standard results.
So with that in mind we have prepared an article on the top 10 AI startups to watch out for in 2024 which will create significant impact this year.
Let’s dive in
Anthropic AI
Founded in the year 2020, the main focus of this company is more towards AI safety. Anthropic AI is completely dedicated towards building large language models without compromising AI safety.
Their innovative solutions and transformative approach to make a well flourishing society certainly make it as a leading AI startup in 2024.
Anthropic AI’s champion product, Claude, competes against Chatgpt, is associated with amazing capabilities and has gained significant popularity.
Moreover, Anthropic AI is largely focused on human values, ethics and cognition. They always try to create AI systems which align with human goals and aspirations.
This Anthropic AI empowers the society by upholding ethical standards with a much more human centric approach and provides best solutions to the emerging problems.
Dataiku
Dataiku is one of the amazing AI startups which empowers techies more particularly to developers and data analysts. Their customized AI solutions are great for various business needs.
With much AI innovations the company placed itself as the leading data science and machine learning platforms. Founded in the year 2013, it provides a user friendly environment for data scientists, analysts and engineers which enables them to work efficiently since its inception.
Their platform works seamlessly with amazing features such as visual data preparation, automated machine learning, model monitoring etc. This platform allows the development and deployment of AI to the businesses and enhances their functioning in much smoother ways.
Dataiku works with several industries which includes finance, healthcare, retail and manufacturing and gives better data driven insights which helps in best decision making for those industries.
Open AI
Open AI is one of the leading companies in the AI race which has gained staggering growth in this one and half year, certainly transforming lives.
Chat gpt which is the flagship product of this company is completely dedicated to the generative AI making billions of dollars and is largely funded from Microsoft. Moreover, Chatgpt has been integrated with Microsoft for better user experience.
Open AI founded in December 2015 initially worked as a non-profit organization, later it shifted to the profit side in order to do more research and innovation in AI.
Open AI collaborates with several industry partners and policy makers for the ethical development of AI and giving much stress to the AI safety as well.
It has collaborated with amazing experts which are really fascinated towards transforming the lives of people while keeping AI ethics top most priority. A responsible development of AI is the need of the hour.
Perplexity AI
Perplexity AI is largely focused on natural language processing and machine learning which enables them to measure the performance of language models. In short it quantifies the perfect prediction of language models over sample text.
It is funded by popular investors like Jeff Bezos and NVIDIA investors which significantly raised its funding to $520 million. Apart from that it also attracted investors from diverse groups of companies such as NEA, Databricks and Bessemer venture partners etc.
Its unique approach in using NLP and machine learning set them as a strong competitor in the AI race and it plays a pivotal role in evolving the AI landscape.
Observe.ai
Observe AI is an amazing company which is largely focused on the customers. Their customer centric approach made them a great AI startup which solves all the headache related customer experiences.
Observe AI uses analytics and enhances the customer interactions. By using AI and machine learning it analyzes customer interactions across all communication channels which includes calls, emails, messages etc.
As it uses advanced natural language processing it can extract valuable insights from customer conversation. It can analyze customer sentiment conversion trends and can monitor all other interactions associated with business.
Overall observe.ai delivers best customer satisfaction by better understanding the business processes.
Writeronic
Writing long long paragraphs is a hectic task to do in real life. To solve this problem writesonic an amazing AI startup emerged as one of the best content generation platforms which can generate blog posts, ad copy and other product description in no time.
The writesonic platform uses natural language processing and machine learning algorithms to generate content in a much faster way assisting businesses and individuals.
It can streamline the process and can save a huge amount of time allowing users to focus on other important aspects of their goals.
Apart from that the platform also has some cool and amazing features which includes content optimization, tone adjustments and content expansion which enables them as a strong competitor when it comes to content creation in writing.
MindsDB
MindsDB is an open source company largely dedicated to the developers. It uses machine learning for applications for developers.
By using machine learning it helps in predictive analytics and decision making. It can autodeploy AI models even without coding experience.
One of the best key features of MindDB is that it can generate appealing explainable AI models that can give proper insights to predictions and helps the users to understand better. Apart from that it also ensures better predictions which are perfectly aligned with ethical standards and business objectives etc.
Inflection AI
Founded in 2022, Inflection AI primarily focused on the hardware and application of machine learning and generative AI.
With the unique innovation approach the company solves various major problems such as sales, customer experiences and other business related problems.
Moreover it uses natural language processing and machine learning models to understand the customers interactions thereby providing valuable insights in Quicktime which eventually helps in decision making.
Hugging Face
Founded in the year 2016, Hugging Face stands as a great platform for the developers. Their work is largely focused on various natural language processing tasks which is greatly contributing to various open source projects.
Their cutting edge research and unique way of thinking enable them as a popular platform for developers. Their main focus is to democratize AI education and to create amazing NLP technologies.
Netra
Founded in the year 2013, Netra is a great artificial intelligence platform which can analyze videos and can give proper metrics of videos.
Apart from that it offers other features such as safety analysis, data analysis, and object decisions thereby allowing the users to quickly analyze the live streams in real time.
Conclusion
So above are the top AI startups to watchout in the year 2024. Whilst open AI certainly creates a major impact in people ‘s lives and is leading the AI race still the startups like perplexity AI, Hugging Face are also finding significant place in the AI journey too.
As AI is in progressive stage and there is huge potential for this AI technology in various industries, the startups are flooding in quickly to stay ahead in the AI race.
FAQs
Q. Which company is best for AI?
A: There are numerous companies currently that are great for AI such as open AI, Anthropic AI, Nvidia, deepmind, Hugging Face etc.
Q: What are the top 3 AI companies?
A: Nvidia, Microsoft, deepmind, open AI etc.
Q: How many AI startups are there?
A: These AI startups are flooding like hell and surpassing the number 67,000+.