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Since most global industries have already adopted or are planning on adopting AI-driven technologies, the IT and tech domains are coming forward with various tech-driven solutions that can accelerate the rapid evolution of the tech industry. The amount of money invested annually into startup companies working in the artificial intelligence market worldwide has continuously increased from 2014 to 2021. In 2020, AI startups attracted around US$36 billion in investment. Just in the first six months of 2021, these figures were surpassed and reached US$38 billion. This article features the top 10 most promising artificial intelligence startups to watch and explore in 2022.
Socure is a predictive analytics platform for the digital identity verification of consumers. Socure's predictive analytics platform applies artificial intelligence and machine-learning techniques with trusted online/offline data intelligence from email, phone, address, IP, device, velocity, and the broader internet to verify identities in real-time.
SoundHound Inc.'s Houndify is the first independent AI platform that enables developers and business owners to deploy it anywhere and retain control of their brand and users while differentiating and innovating. Houndify provides all the technology ingredients necessary for voice and AI integration, including the world's fastest speech recognition, the most sophisticated natural language understanding, easy-to-use developer tools, knowledge graphs, and a large and rapidly growing number of domains. Houndify technologies represent 10 years of R&D.
SparkCognition recently explored how embracing technologies like artificial intelligence and machine learning can optimize operational efficiency and profitability while preserving precious resources. It hosts world leaders to show the future of AI in business at machine interactive events. And it has signed a definitive agreement to acquire Integration Wizards. SparkCognition Government Systems (SGS) Brings AI Readiness to the Department of Defense Through Joint Artificial Intelligence Center Award.
Tempus exploration develops programs for drilling, like mineralization expansion at the Elizabeth gold project in southern British Columbia. Drilling this year will focus on the expansion of Blue Vein as well as the development of other vein targets including the Main Vein, West Vein, and Ella Zone. Tempus is announcing that further to the non-brokered private placement, it is currently planning to complete 8,500 meters of drilling at Elizabeth, which will focus on expanding known high-grade gold mineralization.
Terminus Technologies is a leading AI smart service provider, shaping the next generation of technology with Artificial Intelligence & Internet of Things (AIoT). This Company provides a wide range of subsystems for smart communities, including device perception, fire perception, face perception, traffic perception, and more. Terminus Technologies also offers smart devices such as smart access control, smart locks, and smart access barrier.
ThoughtSpot unveiled plans to make a major technology change, transitioning its platform to become cloud-first after previously gearing it toward on-premises users. ThoughtSpot's transformation to becoming a cloud company is nearly complete. Its software allows employees at a company to ask questions into a search box, whether they are experts with data or not. ThoughtSpot raises a $4.2 billion valuation as it wraps up its transition to the cloud.
Tekion has recently released its game-changing Customer Relationship Management application on its Automotive Retail Cloud platform. This AI-powered CRM, a seamless extension of ARC DMS, unifies valuable customer data across automotive retail businesses by eliminating duplicates, enabling real-time data flow and actionable insights to provide dealership customers, with the fastest and the highest-quality service.
The Tonal Home Gym, a Wifi-connected strength training machine that guides you through challenging weight-training exercises, lets you view expert trainer-led online classes and tailor's workouts to help you crush your health and fitness goals. Tonal is still the most recognizable name in connected strength training, but it's no longer the only one. A steady stream of competitors has hit the scene, offering variety and choice at a range of prices.
Tractable makes AI-enabled straight-through processing available to North American insurers, backed by Mitchell's open platform and comprehensive repair data. Tractable's AI now offers coverage of almost every external auto panel and part, enabling accurate assessment of damage to any vehicle. Its Integrated solutions are designed to enable outcomes including low-touch auto insurance claims, speedy payments, and claim settlement within minutes, providing a faster and smoother customer experience.
Trax introduces a carbon emissions tracker for the transportation industry. Its new solution enables shippers and LSPs to track and optimize carbon emissions while reducing transportation spending costs. Trax elevates traditional Freight Audit and Payment with a combination of industry-leading cloud-based technology solutions and expert services to help enterprises with the world's more complex supply chains, better manage and control their global transportation costs and drive enterprise-wide efficiency and value.
