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Technology venture capital deals may be slowing down, but investment in AI companies continues to boom. Investments in AI research and applications are set to hit US$500 billion by 2024, according to research firm IDC, while PwC predicts AI will contribute US$15.7 trillion to the global economy by 2030. So, it's no surprise that among the 206 new 2022 "unicorns"- that is, privately held startups with a value of over US$1 billion- a boatload are in artificial intelligence and machine learning. Here is the list of top 10 AI unicorns that are setting the stage on fire.
DeepMap is boosting safe autonomy by providing the world's best autonomous mapping as well as localization solutions. It is known for developing high-definition maps for self-driving vehicles and assisting with navigation. The AI-based mapping consists of precision with the digital camera images that are combined with Lidar. It is beneficial for drivers to have localization solutions for safe autonomy with the integration of artificial intelligence.
Dialpad is known as the cloud-based platform for enterprise communications that can work across all personal devices. It also offers a wide range of tools designed to provide businesses with unified communications including a company mainline, customer IVR, and Google Apps integration.
ECARX is one of the developers of intelligent car software, hardware, and system while focusing on automotive intelligence and networking. It provides operating services for the Internet of Vehicles cloud platform and big data platform by obtaining intelligent services and enhancing the driving experience with artificial intelligence.
Eightfold provides an AI-powered talent intelligence platform to transform how one hires, retains, and grows a diverse global workforce. Organizations can make a lasting impact with this AI company by upskilling employee skills. The talent intelligence suite products include talent acquisition, talent management, talent flex, and workforce exchange.
Element AI is gaining popularity as one of the leading AI companies with Responsibility AI, AI maturity framework, and AI for the climate. It is focused on driving fair, sustainable, and transparent technology engaging with governments, academia, businesses, and other technical aspects. It ensures proper data governance, protection of the natural environment, explainability in AI systems, and many more.
Enflame is known as a China-based artificial intelligence company to provide cutting-edge software and hardware solutions to revolutionize AI technology. It fuses the uniqueness of turning devasting AI cloud chips and differentiation of building a highly efficient software ecosystem. It is gaining popularity as an AI universe-opener with the integration of engineering and software solutions.
Feedzai is well-known for offering end-to-end protection from fraud and financial crime risks. It serves global industries such as retail, fintech, and many more with multiple AI solutions such as anti-money laundering, transaction fraud, watchlist screening, and many more. It is the market leader in fighting financial crime by leveraging artificial intelligence, big data, and machine learning.
Fractal Analytics is focused on providing artificial intelligence products such as Senseforth.ai, Samya.ai, Qure.ai, Crux intelligence, and Eugenie.ai. It is also known for solutions such as AIDE, Consumer Hub, Concordia, revenue growth management, image and video analytics, and many more.
Gong is one of the top AI companies to analyze customer-facing interactions across different mediums such as phone, email, as well as web conferencing. It helps to deliver meaningful and autonomous insights to guide enterprises. It provides AI solutions such as sales, customer success, marketing, strategic initiatives, and many more.
Graphcore is an AI company to boost next-gen machine learning models and delivers state-of-the-art digital experiences at scale. It offers IPU (Intelligence Processing Unit) to create the next breakthroughs in machine learning to enhance human potential. It is designed
