Unthinkable until a few years ago, Artificial Intelligence (AI) is already part of our daily lives. With the advancement of this technology, more and more AI companies have appeared in the market. With that in mind, Forbes and Meritech Capital have created a list of the 10 most promising US private organizations in Artificial Intelligence. Here are they:
10. Anduril Industries
Market value: Just under $1 billion
Founded in 2017, the company specializes in defense from AI, such as threat detection systems and standalone drones. Among its main clients are the US Navy and the Royal Navy of the United Kingdom.
9. Scale AI
Market Value: $1 Billion
Created by Alexandr Wang, a 22-year-old, Scale AI is a startup that offers “training” for machines to become automated to meet the goals of the contracting company.
8. Hippo Insurance
Market value: $1 billion
Hippo Insurance was created with one goal: to ease the application process for home insurance. For this, the company uses public data to automatically answer most typical questions from the insurer.
7 – Icertis
Market Value: $1 Billion
With just 10 years on the market, Icertis is one of the leading AI companies with about 6 million contracts. It uses the cloud to help companies analyze their old trading contracts and automate various administrative activities. Icertis has customers around the world, such as Airbus, Daimler and Microsoft.
Market Value: $1.2 Billion
Founded by Tom de Godoy and Jeremy Achin, the startup offers a software platform that exploits machines, learns from them, and automates their processes. Although its head office is in the United States, the company has been in Brazil since last year.
Market value: $1.59 billion
The startup analyzes data available on the Internet, such as social media publications, to create personalized alerts for service contractors. It currently has over 500 clients, including Amazon, CNN and UN (United Nations). The latter uses the system to find early signs of a potential humanitarian crisis around the world.
Market value: $2.1 billion
Lemonade operates in the insurance business, selling insurance to those who rent or buy homes. To make the process easier, it created a virtual assistant that collects customer information and updates the registration virtually on her own. Lemonade already has over 500,000 customers.
Market Value: $2.3 Billion
With more than 100 industrial companies as its customers, Uptake uses artificial intelligence to analyze how their consumers’ machines can function better and prevent potential failures.
2. Aurora Innovation
Market Value: $2.57 Billion
Created by Google, Tesla and Uber autonomous driving experts, Aurora Innovation is creating a self-driving system and intends to sell its platform to other companies rather than building its own fleet.
Market value: $2.7 billion
First on our list is Nuro. After working more than 5 years on Google’s autonomous driving project, duo Dave Ferguson and Jiajun Zhu decided to start their own business. Nuro’s driverless delivery vehicles have already been responsible for thousands of trips for its consumers.