AI technology has burst into the modern market in a big way. Innovative AI startups have become some of the most successful businesses, giving competitors something to strive for. From automated customer service to voice AI and security, there is a broad range of breakthrough applications that have propelled the industry forward.
In this article, we will discuss five amazing AI startups that are paving the way we use technology to our advantage. We will go over their sustainability, scalability, and the projects they are actively launching that create tangible impacts on the present and near future of the market. Whether you’re looking for a new way to buy groceries, a better way to handle customer service, or an innovative security framework, these AI startups are definitely worth keeping an eye on.
Vicarious
Vicarious is an AI startup with a focus on robotics and automation. They are developing many proofs-of-concepts and a cognitive robot-like AI platform that could achieve a variety of tasks and give their clients superior automation options. Vicarious has implemented a number of breakthroughs in deep learning, machine vision, and computer vision, allowing for more robust AI architectures.
Vicarious has raised over $70 million in funding and is backed by some of the biggest names in AI such as Mark Zuckerberg, Elon Musk, and Peter Thiel. In addition, they have partnered with some of the world’s leading universities, prepared themselves for long term scalability, and have some incredible ambitions they are actively chasing. Vicarious’ autonomy applications are of interest to many companies, and their progress is worth following along.
Coursera
Coursera is a learning platform based on AI technology, and is one of the largest in the world. They offer courses in a variety of topics, from basic coding to mathematics and business, and even a few AI courses as well. To set themselves above the competition, Coursera has implemented advanced machine learning, natural language processing, and predictive analytics to craft their online learning, making it more engaging and sustainable.
Coursera has gained much traction throughout their years, raising hundreds of millions of dollars from investors such as Kleiner Perkins and Silicon Valley venture capital. On their journey to success, they have garnered over 40 million users, launched new initiatives such as specialization paths, and acquired a variety of startups. As the learning industry shifts to AI-based solutions, Coursera is one of the most disruptive AI startups that have earned our attention.
Infosys
Infosys is an Indian-based AI and SaaS (software as a service) company that is leading the way with customer service automation. Their solutions are used to aid in-house pipelines, automated customer service, and migration to cloud services. Infosys’ customer service bot “Nia” is quite impressive, handling complex customer queries and helping businesses reach solutions quicker.
Infosys has received plenty of recognition, including the “Technology Fast 500” award in 2020. They continue to develop software that is tailored specifically to e-commerce, reducing the customer interaction times and customer service costs. Apart from companies and businesses, Infosys’s AI-tech has extended to many educational institutions and universities, opening a new door in how information is taught and learned.
DataRobot
DataRobot is an AI-driven platform for predictive analytics. From forecasting the customer’s upcoming purchases to leveraging the data you capture to optimize customer loyalty programs, their products allow for complex analysis in a fraction of the time. By automating the analysis of massive datasets, DataRobot is helping businesses uncover possibilities they would have otherwise missed.
In the recent years, DataRobot has revolutionized the way many businesses access data, in turn helping them to optimize customers’ experiences and staying ahead of the competition. To date, they have raised over $420 million and partnered with many companies, both big and small, to enhance their solutions. Rendering the most effective deals in the AI-driven landscape, there are many reasons to keep an eye on DataRobot.
SenseTime
SenseTime is one of the leading AI startups in facial recognition, computer vision, and embedded deep learning. They used their proprietary solutions to build facial recognition apps and services for a range of use-cases, from security to medical solutions. SenseTime’s applications are deployed in over one billion devices worldwide, making them a powerful key player in the AI market.
SenseTime stands out for the sheer amount of capital they have raised. They have received over $2.3 billion in funding, making them one of the most well-funded AI startups. The team has released a few major products such as biometric payment systems and deep machine learning models, and they have positioned themselves to become a major presence in the AI market in the years to come.
AI technology is quickly becoming a force to be reckoned with, and those who are on board early are reaping the benefits. AI startups are becoming some of the most sought after businesses of the modern day, and for good reason. We’ve discussed five amazing AI startups that are making tremendous impacts in the industry. From robot automation to predictive analytics, these companies are pushing the boundaries of what technology can do. Vicarious,Coursera, Infosys, DataRobot, and SenseTime are ones to watch closely in the coming years.
The potential of AI growth has only just started to seen, and the innovation that each of these established startups have achieved can only lead to a world of enhanced automation and progress. Although there are many AI startups in operation, these five have certainly gained the attention of the industry, leading us to expect huge changes and impactful solutions in the years to come.
