Most Promising Ai Startups To Watch Now

Artificial intelligence is the future of work. It is a beautiful tool in technology used to get faster results with less effort in daily activities, businesses, industries, etc. Simply put, it is a very productive tool for the 21st century.

Countries where AI companies dominate mostly are the USA and China, other countries include The U.K, Singapore, and Canada. Although each country has its different focuses but has the same goal. For instance, Chinese AI companies work on the internet of things, facial recognition, financial security, etc. For the U.S.A, the focus is on data analysis, autonomous driving, biotechnology, etc. Most of these AI startups are daily improving such that they have been attracting big investors. Some of them include: 

DARKTRACE

Darktrace was founded in 2013 and is located in the U.K with its headquarters at Cambridge. It is a cybersecurity company that utilizes artificial intelligence. Having identified a large number of unknown threats in the past, this company utilizes algorithms which are self-learning, to discover and respond to cyber threats in virtual networks, cloud networks, industrial controlled systems, and the internet of things.

AI REVERIE

AI REVERIE was listed by Forbes as one of the Top 25 machine learning startups to watch in 2020. It was founded in 2016 and is currently based in New York. This company is known for providing computer production models which makes data available for training on machine learning and AI algorithms to become easily accessible, productive and work with speed.

They also work on artificially manufactured data and Application programming interface for industries which includes agriculture, retail, defenses, etc.

This company has grown rapidly within a short period. Hence, it was also recognized by  Gartner as a cool vendor in artificial intelligence Technology, in 2020.

IN–DATA LABS

Founded in 2014, the headquarters of this company is located in Cyprus, with other branches in Belarus, the USA, and Singapore. This company has over 60 employees with core services in AI Solution Development, Computer Vision & OCR, Big Data & Predictive Analytics, AI Mobile App Development.  They charge at a rate of $50 – $99 per hour.

SENSE-TIME 

Since its inception in 2014, Sense Time group has grown to be the most valuable AI startup company in the world presently. It is located in Hong Kong and is valued at $7.7 billion. This brand offers a wide range of AI products which includes Smart Cities, Face Recognition, Object Detection, Fintech, Autonomous Driving, Computer Vision, Deep Learning, and Entertainment. Looking at the type of products this company offers, it is of no surprise that over 700 companies use SENSE-TIME’s services globally. This number is likely to increase before 2021. Keep an eye on this AI giant startup.

FOX ROBOTICS

Fox robotics is a warehouse and industrial automation company located in Austin, Texas, USA. They offer services which include artificial intelligence and computer vision for industrial robots, cloud services, cloud robotics, and self-driving cars.

ALATION

ALATION is a highly regarded company which headed the data catalog market. ALATION deals with the financial sector and offers services around it. These services include the use of artificial intelligence to interpret and explain data, data search, data discovery, data governance, data stewardship, analytics, and digital transformation.

This brand uses the combination of machine language and human insights to solve data and metadata issues. They also have investors which include Icon, Salesforce ventures, Costanoa, Sapphire, and Data Collective.

Popular brands that use the services of this start-up include American family Insurance, Pfizer, Munich, Finnair, Cisco, AbbVie, U.S Foods, and Scandinavian Airlines. You should be on the lookout for this thriving start-up, too!

HORIZON ROBOTICS

Rated as the third-highest funded artificial intelligence startup, this brand has raised $700 million to achieve its goal. They specialize in embedded Artificial intelligence, and they lead the industry. They plan to design the human brain in the form of hardware. They are also designing Artificial intelligence software which would be infused in self-driving cars to help the cars in decision making and influence their perception.

They have a vision of equipping over a thousand devices with embedded Artificial intelligence so that these devices can be able to interact with the Internet of things. They have a globally accepted suite and an engineering team. They are also currently being supported by the prestigious R & D team with a wide range of experience in the industry.