Startups of India and the US are busy in Artificial Intelligence Race

10 startups from India and United Stated (5 from each) are becoming top rankers in AI Race

Artificial Intelligence

Artificial Intelligence

Artificial intelligence (AI) is one of the most disruptive technologies today, and it’s a wonderful way for companies to accomplish their hyper-growth goals. Artificial Intelligence is transforming organizations, industries, and people’s lives with a variety of applications in big data, computer vision, natural language processing, and more.

 

Top 5 Indian Artificial Intelligence Startups:

According to AIM Research, Indian Artificial Intelligence companies raised the US $836.3 million in 2020, the most in the past seven years, with a 9.7% year-over-year increase. The Indian government raised its investment in Digital India to the US $477 million in the same year to improve Artificial Intelligence, IoT, big data, cybersecurity, machine learning, and robots. Finance Minister Nirmala Sitharaman said in the 2019 Union Budget that the government will provide industry-relevant skill training in technologies such as Artificial Intelligence, Big Data, and Robotics to 10 million Indian youngsters.

 

The names of the Indian startups are as below:

  1. Myelin Foundry: Myelin Foundry, created by Gopichand Katragadda, Ganesh Suryanarayanan, and Aditi Olemann in 2019, is a deep tech product firm. The Bengaluru-based firm uses video, audio, and sensor data to create Artificial Intelligence algorithms that help alter industrial outcomes. Its projects include Myelin Edge Artificial Intelligence Platform, providing real-time analytics and insights, Edge Artificial Intelligence to take decisions and actions on remote equipment and user devices, Video and Sensor Data.
  2. Nextbillion AI: Nextbillion AI is based in Singapore and has operations in Bengaluru, Hyderabad, and Beijing. It was founded in 2020 by Ajay Bulusu, Gaurav Bubna, and Shaolin Zheng. The goal of the company is to create the world’s most user-friendly, cost-effective, and sophisticated hyperlocal Artificial Intelligence Nextbillion AI is an enterprise mapping platform. Next billion AI assists businesses with all map-related needs, including last-mile optimization, navigation, managing road regulations, and determining the optimal route for cars.
  3. Wysa: Wysa, founded in 2015 by Ramakant Vempati and Jo Aggarwal, combines AI-guided listening with temporary professional advice to enable users to self-manage stresses. The Bengaluru-based company has created an AI-powered Chatbot that uses evidence-based cognitive-behavioral approaches to help users feel heard.
  4. Emotix: Mumbai-based Sneh Vaswani, Prashant Iyenger, and Chintan Rajkar, all IIT Bombay grads, established Emotix (short for emotional intelligence) in 2015. Miko, a companion robot created by the company, is designed to assist parents to keep their children engaged. To connect with a child, the startup uses Artificial Intelligence, robotics, and the Internet of Things to detect moods, create dialogues, and learn from its environment. Miko accomplishes this by employing computer vision to recognize, remember, and recall familiar people and things.

5. WotNot: WotNot is a B2C no-code Chatbot platform and lives chat solution founded by Mitul Makadia in 2018.              It enables businesses to design and deploy sophisticated Chatbots in real-time and across various channels                to engage visitors and improve customer experience. Version control, autosave, auto-arrange, bot                                management, undo-redo, and clone are just a few of the capabilities available on the platform. The Chatbots                 are also multilingual, cost-effective, and omnichannel.

 

Top 5 United States Artificial Intelligence Startups:

Big data analytics and process automation for businesses, autonomous driving, and biotechnology are among the most popular sectors for Artificial Intelligence companies in the United States. The list of top 5 Unites States Artificial Intelligence startups is:

  1. UiPath: Founded in 2005, UiPath is a business that specializes in Robotic process automation software. It provides a platform for process automation implementation and cloud deployment. UiPath, a worldwide pioneer in process mining and Robotic process automation, enables the deployment of both supervised and unsupervised robots, as well as Artificial Intelligence, machine learning, and analytics.
  2. OpenAI: OpenAI was founded on Elon Musk’s initiative in 2015, as a non-profit Artificial Intelligence research organization to develop and promote benevolent Artificial Intelligence that does not pose an existential threat to mankind. Despite being a non-profit, OpenAI has introduced a commercial API that allows anyone to use its latest natural language, processing models.
  3. Nuro: Nuro is a business that specializes in developing Virtual Driver System. It commercializes an electric self-driving delivery truck for transporting items such as groceries, shopping bags, and other cargo. Nuro collaborates with retailers and restaurant chains to provide safer, cleaner, and more affordable delivery options. It was founded in 2016.
  4. Zoox: Founded in 2014, Zoox is a business that specializes in Virtual Driver Sytem. It intends to develop a new self-driving vehicle for the Robo-taxi industry, replacing ordinary vehicles with self-driving capabilities with an altogether rebuilt vehicle that is tailored for autonomous driving. Zoox aims to unveil its self-driving car in late 2020.
  5. Samsara: Founded in 2015, Samsara is a firm that focuses on the Internet of Things. Samsara delivers a range of IoT solutions and associated services for car telematics, driver safety, mobile workflow, compliance, asset tracking, and industrial process controls, depending heavily on the cloud, analytics, and Artificial Intelligence technologies integrated through an open platform.