10 AI Startups to Watch in 2023

Artificial intelligence (AI) is one of the most exciting and rapidly growing fields in technology. AI startups are developing innovative new applications for AI in a wide range of industries.

Here are 10 AI startups to watch in 2023:

Scale AI

Scale AI helps companies collect and label data for machine learning models. Scale AI has raised over $1 billion in funding and is used by some of the biggest tech companies in the world.

Scale AI is a Palo Alto, California-based company that provides data labeling and management services for artificial intelligence (AI) developers. The company’s platform enables businesses to quickly and easily label large amounts of data, which is essential for training AI models.

• Founding: Scale AI was founded in 2016 by Alex Wang, Jordan Noveck, and Lucy Guo.
• Funding: Scale AI has raised over $700 million in funding from investors such as Peter Thiel, Accel, and Tiger Global Management.
• Customers: Scale AI’s customers include some of the largest technology companies in the world, such as Google, Facebook, and Uber.
• Products: Scale AI’s products include:
  • Data Labeling Platform: The company’s flagship product is a data labeling platform that allows businesses to quickly and easily label large amounts of data.
  • Data Management Platform: The company also offers a data management platform that helps businesses organize and store their data.
  • AI Training Platform: Scale AI offers an AI training platform that helps businesses train AI models.
• Market: The market for data labeling and management is expected to grow significantly in the coming years, as businesses increasingly rely on AI to power their products and services.
  
  

Scale AI is a well-funded and rapidly growing company that is playing a key role in the development of AI. The company’s products are used by some of the largest technology companies in the world, and it is well-positioned to continue to grow in the years to come.

DeepMind

DeepMind is a British AI research company that was acquired by Google in 2014. DeepMind has developed some of the most advanced AI algorithms in the world, including AlphaGo, which defeated a human Go champion in 2016.

DeepMind is a British artificial intelligence company based in London, England. The company was founded in 2010 by Demis Hassabis, Shane Legg, and Mustafa Suleyman.

• Funding: DeepMind has raised over $1 billion in funding from investors such as Google, Accel Partners, and the British government.
• Products: DeepMind’s products include:
  • AlphaGo: A computer program that defeated a professional Go player in 2016.
  • AlphaFold: A protein folding program that has the potential to revolutionize the field of medicine.
  • AlphaStar: A computer program that defeated a professional StarCraft II player in 2019.
  • Market: The market for artificial intelligence is expected to grow significantly in the coming years, and DeepMind is well-positioned to capitalize on this growth.
• Market: The market for artificial intelligence is expected to grow significantly in the coming years, and DeepMind is well-positioned to capitalize on this growth.
  
  

DeepMind is a leading artificial intelligence company that has made significant advances in the field. The company’s products have the potential to revolutionize a number of industries, and it is well-positioned to continue to grow in the years to come.

Here are some of the company’s achievements:

• In 2016, AlphaGo defeated a professional Go player, a game that was previously thought to be too complex for computers to master.
• In 2018, AlphaFold predicted the structure of a protein with unprecedented accuracy. This could have a major impact on the field of medicine, as it could help scientists to develop new drugs and treatments.
• In 2019, AlphaStar defeated a professional StarCraft II player. This was a significant achievement, as StarCraft II is a complex real-time strategy game that requires a high degree of strategic thinking and decision-making.

DeepMind is a company to watch in the field of artificial intelligence. The company has made significant advances in the field, and its products have the potential to revolutionize a number of industries.

Cerebras Systems

Cerebras Systems is a startup that develops AI chips that are many times larger than traditional chips. Cerebras’ chips are designed to power large-scale AI models that can process massive amounts of data.

Cerebras Systems is a San Jose, California-based company that develops and manufactures high-performance artificial intelligence (AI) chips. The company’s flagship product is the Cerebras Wafer-Scale Engine (WSE), which is the world’s largest AI chip.

• Founding: Cerebras Systems was founded in 2016 by Andrew Feldman, Jeffrey Dean, and Rajat Gupta.
• Funding: Cerebras Systems has raised over $1.5 billion in funding from investors such as Sequoia Capital, Accel, and Samsung.
• Customers: Cerebras Systems’ customers include some of the largest technology companies in the world, such as Google, Facebook, and Microsoft.
• Products: Cerebras Systems’ products include:
  • Cerebras Wafer-Scale Engine (WSE): The company’s flagship product is the Cerebras WSE, which is the world’s largest AI chip. The WSE is a wafer-scale engine with 400,000 AI cores and 1.2 trillion transistors.
  • Cerebras CS-1 System: The Cerebras CS-1 System is a supercomputer that is powered by the WSE chip. The CS-1 System is capable of performing up to 1.8 exaflops of AI processing.
• Market: The market for AI chips is expected to grow significantly in the coming years, as businesses increasingly rely on AI to power their products and services.
  
  

Cerebras Systems is a well-funded and rapidly growing company that is playing a key role in the development of AI. The company’s products are used by some of the largest technology companies in the world, and it is well-positioned to continue to grow in the years to come.

Here are some of the company’s achievements:

• In 2019, Cerebras Systems announced the WSE chip, which is the world’s largest AI chip.
• In 2020, Cerebras Systems launched the CS-1 System, which is a supercomputer that is powered by the WSE chip.
• In 2021, Cerebras Systems announced that it had raised $1.2 billion in funding.

Cerebras Systems is a company to watch in the field of artificial intelligence. The company has made significant advances in the field, and its products have the potential to revolutionize a number of industries.

Nauto

Nauto develops AI-powered software that helps prevent car accidents. Nauto’s software uses cameras and sensors to detect potential hazards and warn drivers.

Nauto is a San Francisco, California-based company that develops artificial intelligence (AI)-powered safety solutions for commercial vehicles. The company’s products use cameras and sensors to monitor the road and driver behavior, and they can detect and warn drivers of potential hazards.

• Founding: Nauto was founded in 2015 by Stefan Heck, Steve Leber, and Brandon Ross.
• Funding: Nauto has raised over $200 million in funding from investors such as SoftBank Vision Fund, GV, and General Motors Ventures.
• Customers: Nauto’s customers include some of the largest trucking companies in the world, such as UPS, FedEx, and J.B. Hunt.
• Products: Nauto’s products include:
  • Nauto Driver: A driver monitoring system that uses cameras and sensors to monitor the driver’s behavior and alert them of potential hazards.
  • Nauto Guardian: A fleet management system that uses data from Nauto Driver to provide insights into driver behavior and fleet safety.
  • Nauto Insights: A data analytics platform that provides insights into driver behavior and fleet safety.
• Market: The market for AI-powered safety solutions for commercial vehicles is expected to grow significantly in the coming years, as businesses increasingly look for ways to improve safety and reduce costs.
  

Nauto is a well-funded and rapidly growing company that is playing a key role in the development of AI-powered safety solutions for commercial vehicles. The company’s products are used by some of the largest trucking companies in the world, and it is well-positioned to continue to grow in the years to come.

Here are some of the company’s achievements:

• In 2017, Nauto launched its first product, Nauto Driver.
• In 2018, Nauto raised $100 million in funding.
• In 2019, Nauto launched its second product, Nauto Guardian.
• In 2020, Nauto launched its third product, Nauto Insights.

Nauto is a company to watch in the field of artificial intelligence. The company has made significant advances in the field, and its products have the potential to revolutionize the way we drive.

Groove.ai

Groove.ai develops AI-powered customer service chatbots. Groove.ai’s chatbots can answer customer questions, resolve issues, and even upsell products.

Groove.ai is a San Francisco, California-based company that develops artificial intelligence (AI)-powered customer service software. The company’s products use AI to automate customer service tasks, such as answering FAQs, resolving tickets, and providing support.

• Founding: Groove.ai was founded in 2015 by Nikhil Malik and Ankur Jain.
• Funding: Groove.ai has raised over $10 million in funding from investors such as Accel, Emergence Capital, and Y Combinator.
• Customers: Groove.ai’s customers include some of the world’s leading brands, such as Spotify, Slack, and Asana.
• Products: Groove.ai’s products include:
  • Groove.ai Chat: An AI-powered chatbot that can answer FAQs, resolve tickets, and provide support.
  • Groove.ai Inbox: A unified inbox that allows customer service agents to manage all of their customer interactions in one place.
  • Groove.ai Analytics: A suite of analytics tools that help customer service teams track and measure their performance.
• Market: The market for AI-powered customer service software is expected to grow significantly in the coming years, as businesses increasingly look for ways to automate customer service tasks and improve customer satisfaction.
  
  

Groove.ai is a well-funded and rapidly growing company that is playing a key role in the development of AI-powered customer service software. The company’s products are used by some of the world’s leading brands, and it is well-positioned to continue to grow in the years to come.

Here are some of the company’s achievements:

• In 2016, Groove.ai was named one of the “Top 100 Startups to Watch” by Forbes.
• In 2017, Groove.ai raised $5 million in funding.
• In 2018, Groove.ai launched its new product, Groove.ai Chat.
• In 2019, Groove.ai was named one of the “Best Places to Work” by the San Francisco Business Journal.

Groove.ai is a company to watch in the field of artificial intelligence. The company has made significant advances in the field, and its products have the potential to revolutionize the way customer service is delivered.

Infermedica

Infermedica develops AI-powered medical diagnosis tools. Infermedica’s tools can help doctors diagnose diseases more accurately and quickly.

Infermedica is a healthcare startup that uses artificial intelligence (AI) to provide digital health services. The company’s flagship product is a symptom checker that can help users self-diagnose and receive treatment recommendations.

• Founding: Infermedica was founded in 2012 by Omar El Sawy and Przemek Olejniczak.
• Funding: Infermedica has raised over $60 million in funding from investors such as Sequoia Capital, Accel, and Earlybird Venture Capital.
• Customers: Infermedica’s customers include some of the world’s leading healthcare providers, such as NHS England, Kaiser Permanente, and Bupa.
• Products: Infermedica’s products include:
  • Symptom Checker: The company’s flagship product is a symptom checker that can help users self-diagnose and receive treatment recommendations.
  • Clinical Decision Support (CDS) System: A CDS system that helps healthcare providers make better decisions about patient care.
  • Research Platform: A research platform that helps researchers develop new AI-powered healthcare solutions.
• Market: The market for AI-powered healthcare solutions is expected to grow significantly in the coming years, as businesses increasingly look for ways to improve patient care and reduce costs.

Infermedica is a well-funded and rapidly growing company that is playing a key role in the development of AI-powered healthcare solutions. The company’s products are used by some of the world’s leading healthcare providers, and it is well-positioned to continue to grow in the years to come.

Here are some of the company’s achievements:

• In 2015, Infermedica was named one of the “Top 100 European Startups” by The Next Web.
• In 2016, Infermedica raised $10 million in funding.
• In 2017, Infermedica launched its symptom checker in the United States.
• In 2018, Infermedica launched its CDS system.

Infermedica is a company to watch in the field of artificial intelligence. The company has made significant advances in the field, and its products have the potential to revolutionize the way healthcare is delivered.

Hugging Face

Hugging Face develops open-source tools for natural language processing (NLP). Hugging Face’s tools are used by researchers and developers around the world to build NLP models.

Hugging Face is a New York City-based company that develops tools for building and using large language models (LLMs). The company’s flagship product is the Transformers library, which provides a unified API for LLMs.

• Founding: Hugging Face was founded in 2017 by Clément Delangue, Julien Chaumond, and Thomas Wolf.
• Funding: Hugging Face has raised over $40 million in funding from investors such as Accel, Index Ventures, and GV.
• Customers: Hugging Face’s customers include some of the world’s leading tech companies, such as Google, Facebook, and Microsoft.
• Products: Hugging Face’s products include:
  • Transformers: A library for building and using LLMs.
  • Hub: A platform for sharing and discovering LLMs.
  • Courses: A series of online courses on LLMs.
• Market: The market for LLMs is expected to grow significantly in the coming years, as businesses increasingly look for ways to use LLMs to improve their products and services.

Hugging Face is a well-funded and rapidly growing company that is playing a key role in the development of LLMs. The company’s products are used by some of the world’s leading tech companies, and it is well-positioned to continue to grow in the years to come.

Here are some of the company’s achievements:

• In 2018, Hugging Face released the Transformers library.
• In 2019, Hugging Face launched the Hub platform.
• In 2020, Hugging Face raised $20 million in funding.
• In 2021, Hugging Face was named one of the “Top 50 AI Startups to Watch” by CB Insights.

Hugging Face is a company to watch in the field of artificial intelligence. The company has made significant advances in the field, and its products have the potential to revolutionize the way LLMs are used.

Vicarious

Vicarious develops AI systems that can learn and adapt to new situations. Vicarious’ systems are designed to be used in a wide range of applications, including robotics, transportation, and healthcare.

Vicarious is a San Francisco, California-based company that develops artificial intelligence (AI)-powered robotics and automation. The company’s flagship product is a robotic arm that can learn to perform tasks by watching humans perform them.

• Founding: Vicarious was founded in 2010 by Scott Phoenix, Dileep George, and Matthais Niessner.
• Funding: Vicarious has raised over $100 million in funding from investors such as Peter Thiel, Accel, and Greylock Partners.
• Customers: Vicarious’ customers include some of the world’s leading technology companies, such as Google, Facebook, and Microsoft.
• Products: Vicarious’ products include:
  • Recursive Cortical Network (RCN): A type of neural network that is designed to learn from examples.
  • Robotic Arm: A robotic arm that can learn to perform tasks by watching humans perform them.
  • Robotic Platform: A platform that allows users to build and deploy robotic systems.
• Market: The market for AI-powered robotics and automation is expected to grow significantly in the coming years, as businesses increasingly look for ways to automate tasks and improve efficiency.

Vicarious is a well-funded and rapidly growing company that is playing a key role in the development of AI-powered robotics and automation. The company’s products are used by some of the world’s leading technology companies, and it is well-positioned to continue to grow in the years to come.

Here are some of the company’s achievements:

• In 2014, Vicarious released the RCN neural network.
• In 2015, Vicarious launched the robotic arm.
• In 2016, Vicarious raised $50 million in funding.
• In 2017, Vicarious was acquired by Facebook.

Vicarious is a company to watch in the field of artificial intelligence. The company has made significant advances in the field, and its products have the potential to revolutionize the way robotics and automation are used.

However, Vicarious was acquired by Facebook in 2017 and the company’s future is uncertain. It is unclear whether the company will continue to develop its own products or if it will focus on integrating its technology into Facebook’s products.

Aleph.ai

Aleph.ai develops AI-powered investment management tools. Aleph.ai’s tools use machine learning to identify undervalued stocks and predict future market trends.

Aleph.ai is a German AI company that develops and operates large language models. The company’s flagship product is the Luminous family of language models, which are fine-tuned to specialize in zero-shot prompts, similar to OpenAI’s text-davinci-002 model.

• Founding: Aleph.ai was founded in 2019 by Jonas Andrulis and Samuel Weinbach.
• Funding: Aleph.ai has raised over €23 million in funding from investors such as Earlybird Venture Capital, Lakestar, and UVC Partners.
• Customers: Aleph.ai’s customers include some of the world’s leading tech companies, such as Google, Facebook, and Microsoft.
• Products: Aleph.ai’s products include:
  • Luminous: A family of language models that are fine-tuned to specialize in zero-shot prompts.
  • Control models: A new generation of language models that are designed to be more transparent and explainable.
  • Explain: A feature that allows users to understand how Aleph.ai’s language models work.
• Market: The market for large language models is expected to grow significantly in the coming years, as businesses increasingly look for ways to use large language models to improve their products and services.

Aleph.ai is a well-funded and rapidly growing company that is playing a key role in the development of large language models. The company’s products are used by some of the world’s leading tech companies, and it is well-positioned to continue to grow in the years to come.

Here are some of the company’s achievements:

• In 2020, Aleph.ai released the Luminous family of language models.
• In 2021, Aleph.ai raised €23 million in funding.
• In 2022, Aleph.ai launched the Control models.

Aleph.ai is a company to watch in the field of artificial intelligence. The company has made significant advances in the field, and its products have the potential to revolutionize the way large language models are used.

Fetch Robotics

Fetch Robotics develops AI-powered robots that can automate warehouse tasks. Fetch Robotics’ robots can pick, pack, and deliver products without human intervention.

Fetch Robotics is a San Jose, California-based company that develops and deploys autonomous mobile robots (AMRs) for warehouse and logistics applications. The company’s flagship product is the Fetch Cart, which is a mobile robot that can autonomously transport goods within a warehouse.

• Founding: Fetch Robotics was founded in 2014 by Melonee Wise, Jack Chen, and Vijay Kumar.
• Funding: Fetch Robotics has raised over $150 million in funding from investors such as SoftBank Vision Fund, GV, and Kleiner Perkins.
• Customers: Fetch Robotics’ customers include some of the world’s leading companies, such as Amazon, DHL, and Walmart.
• Products: Fetch Robotics’ products include:
  • Fetch Cart: A mobile robot that can autonomously transport goods within a warehouse.
  • Fetch Move: A software platform that allows users to manage and deploy Fetch Carts.
  • Fetch Insights: A data analytics platform that helps users track the performance of their Fetch Carts.
• Market: The market for AMRs is expected to grow significantly in the coming years, as businesses increasingly look for ways to automate warehouse operations.

Fetch Robotics is a well-funded and rapidly growing company that is playing a key role in the development of AMRs. The company’s products are used by some of the world’s leading companies, and it is well-positioned to continue to grow in the years to come.

Here are some of the company’s achievements:

• In 2015, Fetch Robotics released the Fetch Cart.
• In 2016, Fetch Robotics raised $30 million in funding.
• In 2017, Fetch Robotics launched the Fetch Move software platform.
• In 2018, Fetch Robotics raised $100 million in funding.

Fetch Robotics is a company to watch in the field of artificial intelligence. The company has made significant advances in the field, and its products have the potential to revolutionize the way warehouse operations are conducted.

These are just a few of the many AI startups that are making waves in the tech industry. As AI continues to evolve, these startups are well-positioned to make a significant impact on the world.


How to Invest in AI Startups

If you are interested in investing in AI startups, there are a few things you should keep in mind:

• Do your research: Before you invest in any AI startup, it is important to do your research and understand the company’s technology and its potential market.
• Invest for the long term: AI is a long-term investment, so you should be prepared to hold your shares for several years.
• Diversify your portfolio: Don’t put all your eggs in one basket. Instead, diversify your portfolio by investing in a variety of AI startups.
  
  

AI is a rapidly growing field with the potential to revolutionize many industries. AI startups are developing innovative new applications for AI that have the potential to change the world. If you are interested in investing in AI, be sure to do your research and invest for the long term.