Discover 5 innovative startups creating AI to transform our world and improve our lives. A closer look at the pioneers of this technological revolution.
Artificial intelligence (AI) is transforming the way we live and work, and startups are at the forefront of this technological revolution.
In this article, we’ll explore the other five promising AI startups to watch in 2023. Let’s take a closer look at the companies that are making a significant impact in the AI space.
6. Cognitivescale
Cognitivescale is an AI and cloud computing startup that’s revolutionizing the financial services industry. The company’s award-winning Cortex AI Platform is designed to infuse trusted decision intelligence into business processes, delivering hyper-personalized insights to more than 100 million customers.
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By leveraging AI, Cognitivescale’s platform helps financial institutions manage risk, compliance, and fraud, as well as drive growth and revenue. The company has received investment from top venture capital firms such as Norwest Venture Partners, Intel Capital, IBM, Westly Group, M12 (Microsoft Ventures), Anthem, and USAA.
Cognitivescale is also recognized by the World Economic Forum for positively impacting business and society through responsible AI.
7. Viz.ai
Viz.ai is another AI startup that’s disrupting the healthcare industry. The company uses AI to accelerate care coordination, reducing systemic delays that stand between patients and life-saving treatments.
Its innovative technology is already making an impact, having been named to Forbes’ 2021 Next Billion-Dollar Startups list of the 25 fastest-growing venture-backed startups and Forbes AI 50 list for three consecutive years.
Viz.ai’s technology is capable of analyzing medical images, alerting medical professionals when a patient is suffering from a stroke, and speeding up the process of diagnosis and treatment. With offices in San Francisco, Tel Aviv, Portugal, and Amsterdam, Viz.ai has raised over $150 million to date.
8. Deep 6 AI
Deep 6 AI is a healthcare AI startup that’s using machine learning to improve patient outcomes. Its AI algorithms can analyze vast amounts of medical data in real time, helping medical professionals make more informed decisions about diagnosis and treatment.
The company’s mission is to bring life-saving treatments to patients faster by precision-matching them to clinical trials. Deep 6 AI has received investment from top-tier venture capital firms and is led by a team of experts in machine learning, data science, and healthcare.
In 2022, the company raised $100 million in funding, furthering its mission to revolutionize the healthcare industry.
9. Shield AI
Shield AI is an AI company founded in 2015 with the mission to protect service members and civilians with intelligent systems. Its Hivemind autonomy stack is the first and only autonomous AI Pilot, deployed in combat since 2018.
Hivemind enables intelligent teams of aircraft to perform missions ranging from room clearance to dogfighting F-16s. Shield AI has received backing from top-tier Silicon Valley VC funds and has been named to Forbes’ AI 50 and Best Startups lists, CB Insights Top 100 AI Companies, and Fast Company’s Most Innovative Companies.
The company is leveraging AI to improve the safety and security of individuals and organizations worldwide.
10. Vicarious
Vicarious is an AI startup that’s developing cutting-edge technology to improve machine learning and robotics. Its AI algorithms can learn from experience and are capable of solving complex tasks, making it possible for robots to perform more advanced functions.
The company has been backed by over $250 million from investors like Jeff Bezos, Elon Musk, Mark Zuckerberg, and Samsung. In 2022, Vicarious was acquired by Intrinsic, a robotics company and AI company at Alphabet.
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With its innovative technology at the forefront of the AI industry, Vicarious is poised for continued growth and success in the years to come.
Bottom line
It’s clear that the AI industry is growing rapidly, and these startups are among the most exciting and promising in the space. From improving healthcare outcomes to revolutionizing financial services and enhancing military operations, these companies are making a significant impact in their respective industries with AI.
As we look ahead to the future of AI, these startups will play a vital role in driving innovation and shaping the industry. While there are certainly challenges and risks associated with AI, the potential benefits are vast and significant. As investors and consumers, we should keep a close eye on these startups and the broader AI landscape to ensure that progress is made responsibly and ethically.
Overall, the growth of AI startups is a positive sign for the industry and society as a whole. With continued investment, innovation, and responsible development, these companies have the potential to bring about significant positive change and improve the lives of people around the world.
