Top 25 Most Promising AI Startups in 2021
Artificial intelligence is making its significance in most of the major sectors these days. The top AI startups are making a buzz in the market that has the potential to revolutionize the world. There are thousands of AI startups available today and this blog will share some of the most promising AI Startups that are making waves in the AI technology field.
Before jumping into sharing about these startups, let’s understand what area of field AI is contributing to. Mentioned below are some of the major fields where AI is contributing and bringing a change.
- Virtual Assistant
- Healthcare
- Agriculture and Farming
- Autonomous Flying
- Inventory Management
- Retail, Shopping, and Fashion
- Drones
- Security and Surveillance
- Robots
- Manufacturing and Production
- Autonomous Vehicles
- Logistic Supply Chain
- Sports Analytics
A Good AI Startup is one that is solving a real problem with the right solution. The aim of a startup is to address the customer pain points and solve the problems. However, it is not that easy to do so as there are many challenges faced by AI startups as they embark on their progressive journey.
Some of the major challenges that AI Startups face are mentioned below:
- Hiring talent
- Funding
- Competition
- Product Development
- Sales & Marketing
Now let us share with you some of the most promising AI Startups:
- Waymo, a self-driving technology company uses artificial intelligence to make the ride safe and easy for people and things to move around.
- QuillBot, an AI paraphrasing and summarising tool helps millions of students and professionals cut their writing time in half by rewriting any sentence, paragraph, or essay using AI.
- H2O.ai, an open-source machine learning platform that makes it simple to create smart applications.
- Veriff, an AI-powered identity verification company that protects businesses and their customers from online identity fraud.
Here is a list of 25 Most Promising AI Startups in 2021:
- Pony.ai — Autonomous Mobility Technology
- Waymo — Autonomous Driving Technology
- QuillBot — AI Paraphrasing Tool
- H2O.ai — Open Source Data Science and ML Platform
- Veriff — AI-Powered Identity Verification Software
- C3 AI — Build, Deploy, and Operate Enterprise AI Applications
- Scale AI — Data Platform for AI
- Fireflies.ai — AI Assistant for Your Meetings
- iSize Technologies — Enhancing Video Streaming With Advanced ML
- Krikey — Augmented Reality Mobile Game
- Gali Health — AI-powered mobile personal health assistant
- Pentaip — Global Financial Services
- Lifemote — AI-driven Wi-Fi Analytics for Internet Service Providers
- XRVision — AI-based Video Content Analytics
- Olvin — AI to Predict Consumer Behavior
- Zest Finance — Lending and Underwriting Decisions Technology
- ampcontrol.io — The Software to Optimize EV Charging
- Square Off — Building Next-Gen Games & Toys
- Saffe — Facial Recognition Platform for Financial Services
- Weights & Biases — Developer Tools for ML
- AI.Reverie — Trains AI to Understand the World
- LegalForce — Improving the Accuracy of Contract Review
- Boston Dynamics — Engineering Robotics Company
- Olive — AI for Healthcare
- Birdie — Consumer Insights to Increase User Satisfaction
It’s no secret that artificial intelligence (AI) is rapidly changing the business landscape. The technology is getting more powerful and accessible by the day, which means that it’s increasingly viable for companies of all sizes to implement AI solutions in their work. As the interest in AI continues to grow, more and more startups are focusing on developing new AI products and services.
In this blog, we’ve compiled a list of the 25 most promising AI startups to watch in 2021 and we hope you enjoyed reading it. With this knowledge, we know that you are more eager to learn about these startups in detail. Visit appengine.ai to explore more.
Thank you!