It is undeniable that with the emergence of these artificial intelligence-based technologies almost any business with a digital component can see its efficiency improved dramatically.

In this article, we will write about the most promising AI startups in which the scenarios of the billions of investment of big investors are already running.

1. Karma: Responsible Behaviour and Waste Management

Many problems related to global sustainable development, as well as many other problems, can be addressed with AI. The developers said that AI can help address some of the challenges around enhancing ESG practices.

As a result, the combination of both AI and ESG can allow Humanity to have access to better models and strategies to fight against climate change, keep tabs on the rate of deforestation, and keep an eye on how energy is being consumed.

Technology is also used by Karma to encourage people to adopt sustainable consumption and the creation of a circular economy. The introduction of the company’s digital assistant was connected with separate waste collection.

An astonishing 90% of consumers have no clue what’s recyclable and not, or how to sort it, the people behind the startup realized.

2. Anthropic: Language Models

The other equally famous Anthropic comes up next. Having its origin from OpenAI, the company is founded by former OpenAI employees who work for the ‘king of the AI industry’.

You basically already know what the company does: it still works as it was working in the previous case, that is it works with AI language models.

Nevertheless, the authors underline that they have something better than OpenAI by key parameters. It has a capital of $18.2 billion and has invested $8.9 billion; the company employs 27,500 people.

3. Polycam: Spatial Analysis

It’s an AI technology where you flip your world, live in ‘3D’ and then you can create and share your world using LiDAR video and motion data captured from your smartphone.

An app that helps people create realistic, extremely detailed models from ordinary photos, making it a handy tool for architects, interior designers, and fashion designers.

Polycam is available for iOS, Android, and the web, and could be used for any professional 3D task like creating floor plans, architectural visualization, VFX, and film.

4. Yesim.app: eSIM Services Provider

They are a company that offers an innovative solution for travelers (SIM cards for travel) and people who care about staying connected without having to use physical SIM cards (roaming data SIM cards).

Their main product is the eSIM connection mobile app, which allows users to quickly and conveniently harness the potential of virtual SIM cards and connect to local carriers in over 130 countries.

As a startup, Yesim is on the list of top world eSIM services and is ideal for those who love travel.

The eSIM service is easy to use. Just install the app from the App Store or Play Market on your iPhone or Android smartphone and you’ll get your personal virtual number and access to the built-in VPN service.

5. Delta AI: Sales Monitoring

Information flows are so huge nowadays that it’s impossible to keep track of everything: that’s where technology comes in handy. An Australian startup allows brands to find out how their products or services are being used in a global context.

The company uses computer vision to monitor social networks, tracking trends and information about how products are used globally every day. With this data, brands can launch new marketing strategies faster and more effectively.

Computer vision can search for images and videos that are invisible to traditional text searches: up to 2371% faster than if a human searched for this information.

Delta AI’s solution is Influencer Sphere, an open platform that uses computer vision technology to analyze similarities in the aesthetics of Instagram accounts. The analytics tool recommends the most aesthetically appropriate Influencers for brands.

6. Miovision: Smart City

The concept of a smart city has long ceased to be something fantastic. Smart traffic lights, automatic air quality analysis, auto-piloted public transportation – all this has long been implemented in different countries.

Miovision has been developing and implementing solutions for smart cities since 2005. Their product is a platform that helps to intelligently distribute traffic in megacities.

Smart cameras and sensors make it possible to analyze the state of roads – from congestion to accidents. Based on the collected data, the algorithm makes recommendations on how to eliminate traffic jams and optimize routes for vehicle owners.

For example, smart cameras assess road congestion, and depending on the density of traffic jams in the city, the work of traffic lights is regulated. The company’s experience shows that implementation of the solution can reduce traffic congestion on highways by 10-15%.

So far, all Miovision pilot projects have been implemented in the USA.

7. Particle: Business Assistant

Particle is an Internet of Things platform used to help businesses prototype, scale, and manage Internet of Things products. Particle is now one of the widest-used platforms in the world today.

The Internet of Things is effectively a network of all types of devices where they can communicate with each other (collect and transmit information) via the Internet. It can be both normal everyday household things and more complex things. And experts think the number of Internet of Things devices will increase from 10 billion in 2020 to 22 billion in 2025.

Examples of Internet of Things devices are smoke and motion sensors in the home, cabs with artificial intelligence, fitness bracelets, and smart parking lots.

It’s an interesting story about how the startup Particle came about. Zach Supalla, the founder, wanted to be able to help his deaf father by creating an indicator that would flash whenever his father received a text message.

And now the company is building tools and kits for web developers to let customers make their own physical prototypes, to attach their own hardware to the Internet.

The startup then sells them a software platform to launch the product once the customers begin to scale. Many of Particle’s customers are also do-it-yourselfers and often want to connect household items to the Internet: It’s a garage door, a coffee machine, or a toaster.

8. Pony.ai: Autonomous Transportation

The startup develops systems for autonomous transportation. The company has completed its first round of investment, during which it raised $112 million in investment. Now Pony.ai is going to bring its solutions to the Chinese market.

The startup was organized by two well-known engineers – both of whom were involved in autonomous driving projects before working together.

Dr. James Peng was the head of the drone program at Baidu. His partner Tancheng Lu also worked on drones at Baidu and at Google X, which was responsible for unmanned transportation before becoming Waymo. Lu is also a multiple medalist and winner of various international programming competitions.

Investors were probably attracted not least by the experience and technical skills of the startup’s founders.

Conclusion 

All these newcomer companies sound promising, but today investors should be careful about making money with them. Wall Street experts have been issuing warnings about that, and anger boiled over this week with trader frustration around AI, and the Nasdaq 100 lost $1t in a single day.

Investors are believed to be pulling $60bn a year into developing AI models, enough to make 12,000 products such as OpenAI’s ChatGPT, according to Barclays analysts. The question, however, still stands, do we really need 12,000 ChatGPT chatbots?

* * *

Written by Alex Wright, a top employee at Yesim.app and a passionate copywriter in the tech niche. He is an expert in mobile technology and communications, an avid traveler and an active user of top world eSIM services. His mission is to share the latest and most innovative tech solutions with people.