AI startups

AI startups have shown tremendous growth over the past few years. Apart from giant tech companies like Microsoft, Apple, and Google, artificial intelligence technologies are witnessing breakthroughs from the startup companies as well.

Even though the Covid-19 pandemic has disrupted every aspect of our lives, tech startups, and big tech companies are relentlessly working towards developing the present situation and meeting market demands with the help of artificial intelligence and machine learning.

Here is a list of the top 10 AI startups in 2021 that are striving hard towards creating a better tomorrow.

Cylance

Located in Irvine, CA, this AI startup provides cybersecurity facilities and offers applications and products based on artificial intelligence, machine learning, and algorithmic science to protect its customers from online threats and attacks. The startup has partnered with big companies like Blackberry, along with other government and private institutions to solve complex security issues by thoroughly detecting and eradicating them.

LogiNext

LogiNext is among the fastest-growing AI startups and SaaS companies. It targets multiple industries like retail, transportation, courier, consumer goods, and others. The company's flagship products are- cloud-based last-mile delivery and route optimization software, field services and field service workforce optimization software. LogiNext provides fast, automated service platforms to meet market demands efficiently.

Ascent

Ascent is a fintech startup based in Chicago. The company helps in automating and managing compliance programs, using cloud technology and artificial intelligence. Machine learning algorithms power the cloud technology used by Ascent, which helps in identifying changes in fines and regulations, and other enforcement actions and hazards over time.

Moveworks

It is an information technology company that provides an AI-powered customer service interface and deep learning systems to resolve IT issues. Based in Mountain View, CA, Moveworks also offers cloud-based platforms to organizations to serve the employees and IT professionals by reducing laborious tasks and work strain.

Uniphore

Uniphore is among the top 10 AI startups in India. The company provides a conversational service automation platform that delivers accurate, sophisticated, and personalized customer services. It uses NLP technology and also offers natural conversation facilities. Uniphore is one of the unique startups to follow as it uses speech analytics, virtual assistants, and voice biometrics that increases customer loyalty and improves customer service management.

Avaamo

This is one of the AI startups based in India which provides a tightly integrated platform based on customer recommendations. Starting from authoring tools, unsupervised learning, conversational simulations, cloud, to hybrid and on-premise technologies, Avaamo is the one-stop solution for all the customer service problems.

CognitiveScale

Based in Austin, Texas, ConginitiveScale is a software and cloud services provider. It builds augmented intelligence for healthcare, insurance, financial services, and e-commerce industries. Its technology ensures efficiency in business operations by increasing customer acquisition, engagement and improving processes like billing and claims.

Riskified

Riskified is an AI-powered platform that helps e-commerce sites to identify legitimate customers and reduces friction in the buying process, ensuring enhanced customer service. Riskified uses machine learning algorithms that can pull up more than a billion transaction records at the same time for improved decisionmaking and reduce frauds. Since the e-commerce platforms are expanding their market dimension and inviting new customers to their site, Riskified's advanced technology will protect them from online threats and fraud.

Neurala

Neurala is developing its deep learning neural network, called "The Neurala Brain" that makes devices like cameras, drones, and mobiles, efficient and easier to use. Companies and institutions like Huawei, Motorola, NASA, Defense Advanced Research Projects Agency (DARPA) are using this technology to enhance work efficiency.

AI

Based in New York, X.AI provides machine learning services and aims at developing autonomous personal assistants based on intelligent technology. The assistants named Amy and Andrew Ingram, integrate with programs like Windows 360, Outlook, Google, and others to schedule meetings and constantly learn from every interaction.