You’ve probably watched enough Black Mirror episodes to know that the potential of AI is just getting started. Markets and Markets predicts that the AI industry will grow to $190.61 billion by the year 2025. Just last year, it was valued at $21.46 billion.
The report went on to state that North America will likely hold the largest share of the market — and with NYC being the tech capital of the world, we can only assume that means we’ll be at the epicenter of AI innovation.
Fittingly, a wave of AI startups have popped up in the past year, signaling that they’re onto something big. From marketing to education, virtually every industry is being transformed by these new AI-powered startups.
Founders: Israel Krush, Rom Cohen
Founded: May 2018
What they do: Voice platform service Airbud allows enterprises to easily add voice capabilities to their websites and mobile apps. It works by ingesting the information on a website or app and allowing users to use their own voice to interact with that information. The startup is launching with a focus on healthcare customers.
Founders: Olivier Zimmer, Yarden Horwitz
Founded: April 2018
What they do: SPATE is every marketer’s new best friend. It uses machine learning to not only discover the next big trends across the web, but also explain why they’re trending. Their technology picks up on consumer behavior signals and turns them into data-backed insights for brands.
Founder: Lesley Eccles
Founded: 2018
What they do: Love is complicated — and as with most things, AI can help simplify it. Think of HelloRelish like a personal trainer for your romantic relationships. It uses micro-learning techniques and scientific research to deliver personalized relationship advice straight to your phone every day. It’s backed by a panel of relationship experts and is led by Lesley Eccles, a former FanDuel executive.
Founders: Arpit Sheth, Kirollos Morkos, Marco White, Vu Francois
Founded: June 2018
What they do: Craterland is a new type of local TV that’s powered by AI and made by local content creators. Anyone can post hyperlocal videos using the company’s AI tools, and then get paid for doing so. Viewers discover stories by searching through channels such as news, music, arts, etc.
Founder: Shasha Yan
Founded: 2018
What they do: As the name implies, Altversity is an online learning platform that’s focused on alternative learning. The company creates and curates learning content, which they then turn into personalized lesson plans. From there, the technology tracks progress. Topics include artificial intelligence, blockchain, cryptocurrency compliance, data science and cyber security.
