Artificial intelligence is an ever-growing and a well-funded field. Startups in this space offer services from automated data collection through some unstructured sources to real-time data analysis and synthesis.
To make all this a little simpler to understand for you, here are 5 biggest AI startups in the world! Do research more about them if you wish.
Toutiao is a content-based platform which helps people to explore the world of content motorized through artificial intelligence technology. Toutiao uses the Natural Language Processing and Computer Vision, in order to extract entities and keywords from each piece of the content. It also tries to assimilate relevant content for users through gradually learning what the readers enjoy. This is done through the analysis of data obtained from respective social networking accounts.
Sensetime comes up with the face recognition technology which can be applied to payment and picture analysis. SenseTime presently provides face recognition technology to about 300 companies like China Mobile Communication Co, China UnionPay, Huawei Technologies Co. Ltd., Xiaomi Inc. and many more. SenseTime says that the face recognition technology has error rate below one in 100,000. It also delivers text, vehicle, and image recognition to companies in mobile internet, financial services, and security companies.
3. Argo AI
Argo AI is a company founded in order to handle some challenging applications in the fields like computer science, robotics and artificial intelligence along with self-driving vehicles. Argo develops and deploys the latest progressions in the field of artificial intelligence, machine learning, and computer vision to build a safe and efficient self-driven vehicle which enables the transformations.
ACORN OakNorth is a fintech company which focuses on the unlocking of potential in bespoke SME and lending global data usage and technology platform - the ACORN machine. The platform collects millions of data items on the SMEs across numerous parameters, sectors, markets, and uses the machine learning algorithms in order to identify data which lenders require to make more knowledgeable credit decisions through detailed line item underwriting.
SoundHound Inc. is a leading innovator in voice-enabled artificial intelligence and conversational intelligence technologies. SoundHound Inc.’s product named Houndify is an independent AI platform which enables developers and business owners to deploy it anywhere and also to retain control over their brand and users while distinguishing and inventing.
Moreover, Houndify provides voice and artificial intelligence integration, including the world’s fastest speech recognition and most sophisticated natural language understanding. SoundHound music recognition app also applies technology to the listening experience and enables the people to explore, and share the music.
We at Deshpee are all excited to see how artificial intelligence inspires new innovations and looking forward to seeing more startups popping up in India as well!
If you know some interesting facts about artificial intelligence, please do share them in the comments below.