Entrepreneur Stories

AI Based Startups Currently Making A Splash

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The year is 2019 and at the moment, there is one thing on every tech company’s mind—Artificial Intelligence (AI.) Startups all over the world are taking a leap with AI and Machine Learning (ML) as their wing bearers. From offering services like automated data collection to real time data collection, here are the best AI powered startups to watch out for this year:

1. Front

Although Front officially launched in the year 2014, it started making its presence felt only in the beginning of 2019. A completely user friendly tool, Front helps users stay connected to all the emails in your inbox, social media content and all your texts. By collating all the unread data in one place, this tool makes sure you don’t lose time by constantly switching between one app to another. The app is doing so well that CEO Mathilde Collin raised $ 66 million and made Front one of the hottest startups of this year!

2. Five AI

While the automotive industry has been dreaming about self driven cars for quite a while now, not a lot of companies have been able to turn this dream into reality. One of the major concerns about this field is, while the car can drive itself, will the car ensure the safety of the drivers and passengers as well? Five AI is a startup which is working on this very issue. Based out of Europe, this Company works on making sure all the cities in Europe have immersive and secure autonomous driving services. Five AI is planning to start trials with this service this year.

3. SenSat

Based out of Europe, SenSat is making massive waves by using AI. By building digital copies of physical environments, this Company uses artificial intelligence models to understand the parameters of the environment. By doing this, the startup aims at analysing and understanding the structure of the place so they can understand how much impact the project will have on the environment. To date, SenSat raised 3.4 million pounds in seed funding and has made a steady climb to the top in this field.

4. Toutiao

Founded in the year 2012, Toutiao is based out of China. A content platform, this startup helps people discover content all over the world by using artificial intelligence technology. Using the Natural Learning Process and Computer Vision tools, this Company extracts keywords and entities from individual pieces of content. In the beginning of this year, Toutiao joined Buzzfeed to distribute content to 120 million consumers in China!

5. Skydio

This startup combines two of the most exciting fields in technology: AI and drones. Based in San Francisco, this startup designs self flying camera drones which drive without any help from humans. Not only does it show and interpret things around it, it can also give visuals as seen in real time. One of the primary things on which this startup is working is making sure visuals are captured without obstacles. The AI powered drone can be remotely controlled from your smartphone.

About which startup are you most excited? Comment and let us know!

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