Artificial Intelligence

Top 75 Generative AI Companies & Startups

A list of the leading generative AI startups -- these are the companies that will shape the future of generative AI.

Written by

Sam Rinko

Contributors

Sunny Yadav

Published September 27, 2024

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Generative AI (genAI) startups and companies have emerged as the most innovative and some of the most formidable players in the tech world. By using machine learning and other AI-driven tools, they are not only generating original content but also streamlining workflows, accelerating decision-making, and enhancing operational efficiencies. These capabilities are now essential for maintaining a competitive edge.

The 75 top generative AI startups and companies on our list are the leading pioneers of this paradigm shift. Some, like OpenAI, have already proven themselves and grown into multibillion-dollar companies, while others are new contenders that have yet to emerge from early rounds of funding.

Regardless of their stage, each of these top generative AI companies is part of a new cohort that is dramatically reshaping business and culture now and in the years ahead.

For leaders navigating the AI-driven economy, these companies aren’t just worth watching, they’re shaping the strategies that will define industry leaders from followers.

Featured Partners: AI Software

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TABLE OF CONTENTS

Top 10 generative AI companies: The leaders

These top generative AI startups are known not only for their individual apps and tools, but for the extent to which they have laid the foundation for the larger adoption of generative AI.

OpenAI

OpenAI is the highest-profile company in the generative AI space. Along with its prebuilt AI solutions, OpenAI also offers API and application development support for developers who want to use its models as baselines. Its close partnership with Microsoft and growing commitment to ethical AI continue to boost its reputation and reach. Last year, the company introduced the text-to-video tool Sora to its portfolio.

Founded: 2015
Headquarters: San Francisco, California, USA
Funding: $21.9 billion
Search growth status: Exploding
Founded by: Sam Altman, Elon Musk, Ilya Sutskever, Greg Brockman, Trever Blackwell, Vicki Cheung, Andrej Karpathy, Durk Kingma, Jessica Livingston, John Schulman, Pamela Vagata, and Wojciech Zaremba
Category and use cases: Language modeling, content generation, image generation and editing, audio transcription and translation, custom and embedded model development, document summarization, research, coding
Core products and solutions:ChatGPT, ChatGPT Enterprise, DALL-E 3, Whisper; and various fine-tuning and embedding models

Visit OpenAI

To see a list of the leading generative AI apps, read our guide to the top generative AI tools and apps.

Anthropic

Anthropic’s Claude platform is similar to OpenAI’s ChatGPT, with its large language model and content generation focus. First released widely in March 2023, Claude is viewed as a more customizable platform with a more friendly and human-like chatbot experience. Since its initial start, Claude has evolved into an enterprise-level AI assistant with high-level conversational AI capabilities, a large context window, and an API that allows users to build custom instances of Claude into their products.

Founded: 2021
Headquarters: San Francisco, California, USA
Funding: $18.2 billion
Search growth status: Surging
Founded by: Daniela Amodei, Dario Amodei, Jack Clark, Jared Kaplan, Sam McCandlish, and Tom Brown
Category and use cases: Content generation, coding, customer support, text translation, text classification, text summarization, search, legal document summarization, career coaching, workflow automation, text editing, API, conversational AI
Core products and solutions: Claude 3.7 Sonnet, Claude 3 models, and Claude API

Visit Anthropic

Cohere

Cohere offers natural language processing (NLP) solutions that are specifically designed to support business operations. With Cohere’s conversational AI agent, enterprise users can quickly search for and retrieve all kinds of company information without searching through massive applications and databases. The organization’s different families of language models can be used for business tasks like document analysis, content writing (including for product descriptions), semantic search, and improved internal and external e-commerce experiences.

Founded: 2019
Headquarters: Toronto, Canada
Funding: $1.1 billion
Search growth status: Exploding
Founded By: Aidan Gomez, Ivan Zhang, Nick Frosst
Category and use cases: Retrieval-augmented generation, text generation, text classification, semantic search, enterprise conversational AI agent, multilingual embedding, access to language models
Core products and solutions: Command (including Command R and Command R+), Rerank, and Embed (including Classify)

Visit Cohere

Glean

Glean is a generative AI enterprise search company that relies on deep learning models to understand natural language queries in the context of organizational, departmental, and individual user characteristics. Glean connects to a variety of enterprise apps and platforms, making it easier to set up and maintain access to various business information sources. With its focus on AI privacy and governance, small businesses and enterprises alike are investing in this solution for enterprise knowledge management.

Founded: 2019
Headquarters: Palo Alto, California, USA
Funding: $618.2 million
Search growth status: Surging
Founded by: Arvind Jain, Piyush Prahladka, Tony Gentilcore, and TR Vishwanath
Categories and use cases: Cognitive enterprise search, data ingestion and management, knowledge management, enterprise environment app, AI assistance, enterprise security and privacy management, data unification
Core products and solutions: Glean Work AI Platform, Glean Workplace Search, Glean Assistant, Glean Knowledge Management, Glean Work Hub, Glean Connectors, and Glean Security

Visit Glean

Jasper

Jasper’s core product is designed for marketing content generation. Some key areas where Jasper works well include social media, advertising, blog, email, and website content creation. This AI tool is particularly effective for establishing a consistent brand voice and managing digital marketing campaigns. In early 2024, Jasper acquired the AI image platform Clickdrop, and expects to increase its multimodal capabilities as a result of this acquisition.

Founded: 2021
Headquarters: Rollingwood, Texas, USA
Funding: $131 million
Search growth status: Stable
Founded by: Chris Hull, Dave Rogenmoser, and John Philip Morgan
Category and use cases: Long-form and short-form content creation, dialog-driven content creation and language modeling, AI copilot, AI assistant browser extension, art creation, multi-language reading and writing
Core products and solutions: Jasper

Visit Jasper

Hugging Face

Hugging Face is a community forum, similar to GitHub, that focuses on artificial intelligence and ML model development and deployment. Some of the community’s main specialties include text classification, question answering, image classification, translation, summarization, audio classification, and object detection. Most notably, Hugging Face offers users access to BLOOM, an open-source LLM that can generate content in 46 languages and 13 programming languages.

Founded: 2016
Headquarters: Brooklyn, New York, USA
Funding: $395.2 million
Search growth status: Surging
Founded by: Clement Delangue, Julien Chaumond, and Thomas Wolf
Category and use cases: Open source development community, multilingual content generation, public submissions and deployments of NLP, computer vision, access to third-party AI models
Core products and solutions: BLOOM, Enterprise Hub, Inference Endpoints, AutoTrain, Hugging Face Hub, and Transformers Library

Visit Hugging Face

Inflection AI

Founded by former leaders from LinkedIn and DeepMind in 2022, Inflection AI’s mission and goals were mostly kept under wraps until Pi, a personal AI tool that focuses on colloquial conversation and advice, was released in May 2023. Even before its initial release, the company had already received major funding rounds and indicated its plans to completely transform how humans can speak to and communicate with computers.

Recently, two of Inflection’s co-founders — Mustafa Suleyman and Karén Simonyan — have left the company to work in a new AI division at Microsoft. In light of this change, the company hired new CEO Sean White with a heavier focus on offering an AI studio business so more users can access and customize their models.

Founded: 2022
Headquarters: Palo Alto, California, USA
Funding: $1.5 billion
Search growth status: Surging
Founded by: Karén Simonyan, Reid Hoffman, and Mustafa Suleyman.
Category and use cases: AI model studio, AI chatbot and LLM, emotionally intelligent AI chatbot, voice search, brain-computer interface (BCI), conversational AI, AI assistance
Core products and solutions: Pi

Visit Inflection

Stability AI

Stability AI is a leading startup in the generative AI space for image and video content generation. Though the company has endured some controversy for alleged copyright infringement of artists’ work as well as for some possible financial instability, its app Stable Diffusion continues to be a popular solution, operating in the background of many other generative AI startups’ platforms. In March 2024, CEO Emad Mostaque stepped down, and Stability AI appointed Prem Akkaraju as its new CEO. The company has since focused on commercialization efforts and new funding strategies.

Founded: 2019
Headquarters: London, UK
Funding: $256 million
Search growth status: Declining
Founded by: Emad Mostaque
Category and use cases: Text-to-image generation, image editing, audio and video generation, language modeling, open-source AI, 3D object generation and modeling, application development models, API and embed capabilities
Core products and solutions: Stable Diffusion 3, Stable Diffusion XL and Turbo, Japanese Stable Diffusion XL, Stable Video Diffusion, Stable Audio 2.0, Stable Video 3D, Stable Zero123, Stable TripoSR, various language models

Visit Stability AI

MOSTLY AI

MOSTLY AI’s synthetic data generation platform balances data democratization and app development efficiencies with data anonymity and security requirements. The platform has proven especially useful in the banking, insurance, and telecommunications industries. It is also compatible with many different operational environments, including Kubernetes deployment, OpenShift deployment, and API and Python Client connectivity.

Founded: 2017
Headquarters: Vienna, Austria
Funding: $31.1 million
Search growth status: Stable
Founded by: Klaudius Kalcher, Michael Platzer, and Roland Boubela
Category and use cases: Synthetic data generation for AI and software app development, test data generation, data anonymization, Python client synthetic data generation, AI and ML development, data analytics, testing and product development.
Core products and solutions: MOSTLY AI

Visit MOSTLY AI

Lightricks

Lightricks first gained notoriety with its social-media-friendly image editing app, Facetune. It has since expanded Facetune and its other apps with cutting-edge AI, making it possible to conceptualize, generate, and edit new content and avatars for videos, photos, and art projects, all from one AI-driven platform. In 2024, Lightricks introduced LTX Studio, an AI-powered platform designed to assist creators in visualizing and editing video content.

Founded: 2013
Headquarters: Jerusalem, Israel
Funding: $335 million
Search growth status: Stable
Founded by: Amit Goldstein, Itai Tsiddon, Nir Pochter, Yaron Inger, and Zeev Farbman
Category and use cases: Text-to-image generation, image editing, video editing, art generation, avatar generation
Core products and solutions: Facetune, Photoleap, Videoleap, Popular Pays, Filtertune, Beatleap, Motionleap, Artleap, Lightleap, Boosted, and LTX Studio

Visit Lightricks

AI startups for developers

These startups use artificial intelligence to accelerate and streamline the process of software development, from speeding code creation to aiding project management.

AI21 Labs

AI21 Labs creates enterprise tools that focus heavily on contextual natural language processing for reading, writing, and application development. Third-party developers can build on AI21 Labs’ language models for their own text-based apps and services with AI21 Studio. Its recent emphasis on task-specific APIs makes it easier for businesses to ideate and scale industry-specific and business-specific models with little to no prompt engineering or fine-tuning necessary.

Founded: 2017
Headquarters: Tel Aviv, Israel
Funding: $340 million
Search growth status: Growing
Founded by: Ori Goshen, Yoav Shoham
Category and use cases: Language modeling, application development, content generation and editing, content summarization
Core products and solutions: Wordtune, Jamba, Jurassic-2, task-specific APIs, and AI21 Studio

Visit AI21 Labs

Tabnine

Tabnine offers generative AI code assistance for software development. The parts of the development process it helps with include planning, creating, testing, fixing, documenting, and even explaining. The platform’s focus on code completion and natural language prompts makes it extremely helpful for novice and experienced coders alike. Many users select this tool for both its robust coding features and its built-in security and governance features.

Founded: 2017
Headquarters: Tel Aviv, Israel
Funding: $55.05 million
Search growth status: Growing
Founded by: Dror Weiss, Eran Yahav
Category and use cases: AI-assisted development, code completion, code automation, natural language coding and prompting, coding recommendations
Core products and solutions: Tabnine and Tabnine Chat

Visit Tabnine

Mistral AI

Mistral AI is an AI company that offers deployment-ready solutions like the Le Chat AI chatbot, with a focus on providing customers with open generative AI models and other developer-friendly resources for scalable AI. Mistral model access comes in various sizes, meaning users can prioritize affordable and lightweight agility or scalable and high-powered performance.

Founded: 2023
Headquarters: Paris, France
Funding: $1.1 billion
Search growth status: Growing
Founded by: Arthur Mensch, Guillaume Lample, Timothée Lacroix
Category and use cases: Developer-facing open AI models, deployment resources, AI chat, AI platform
Core products and solutions: Mistral Large, Mistral Small, Mistral Embed, Mistral NeMo, Mistral 7B, Mixtral 8x7B, Codestral, le Chat, and la Plateforme

Visit Mistral AI

Codeium

Codeium is a generative AI company that provides both programmers and less technical users with resources to generate logical code for their projects. Autocompletion is an option, but users can also engage with Codeium through chat and gain more contextual knowledge about why code looks a certain way or how it could be optimized. Codeium can be experimented with in the playground environment, and it can also be used on a wide range of IDEs.

Founded: 2021
Headquarters: Mountain View, California, USA
Funding: $1.25 billion
Search growth status: Growing
Founded by: Varun Mohan and Douglas Chen
Category and use cases: AI code completion, AI chat, contextualization, AI playground, developer resources and toolkit
Core products and solutions: Codeium Chat, Codeium Autocomplete, Codeium Search

Visit Codeium

Clarifai

Clarifai’s multipurpose platform offers resources to build, deploy, and manage AI and the data that goes into it throughout the full lifecycle. The solution can be used to label and otherwise prepare data for projects, and from there, users can build and operationalize models in various formats and environments, including in serverless and edge versions. Clarifai is best known for its computer vision, generative AI foundation model, and NLP solutions; however, it also offers a range of professional services to customers.

Founded: 2013
Headquarters: Wilmington, Delaware, USA
Funding: $101 million
Search growth status: Growing
Founded by: Matt Zeiler
Category and use cases: LLM production, computer vision platform, unstructured data and content modeling, AI lake, data preparation, model building, model operationalization, foundation models
Core products and solutions: Production AI Platform, AI Lake, Scribe, Spacetime, Enlight, Armada, Mesh, Flare, UI Modules, AI Lab, LabelForce, ModelForce

Visit Clarifai

Top 7 generative AI startups for sales and marketing

AI is already quite widely deployed in sales and marketing, for uses like drafting promotional emails and helping create sales decks. The following companies are at the forefront of this rapidly growing trend.

Gong

Gong gives revenue teams a full-service revenue intelligence solution that uses generative AI and other advanced features to support revenue forecasting, customer service engagement, conversational analytics, sales coaching, and more. The company offers a wide range of enterprise-level features, including the Gong partner network and a high-powered Trust Center for security and compliance management. Some of Gong’s customers include ADT, LinkedIn, Shopify, and Zillow.

Founded: 2015
Headquarters: San Francisco, California, USA
Funding: $584 million
Search growth status: Growing
Founded by: Amit Bendov and Eilon Reshef
Category and use cases: Customer and conversation analytics, contextualized customer analysis, AI recommendations, revenue intelligence, forecasting, team productivity management
Core products and solutions: Gong AI

Visit Gong

Twain

Twain is an AI writing assistant designed to help sales professionals write attention-grabbing sales content — particularly outreach emails. It can generate its own content and also make detailed recommendations for edits to content that a salesperson submits. While it is primarily used for sales content generation, it also works well for recruiting and personal use cases.

Founded: 2021
Headquarters: Berlin, Germany
Funding: $2.63 million
Search growth status: Growing
Founded by: Mohamed Chahin
Category and use cases: Content generation, sales outreach, recruitment messaging, content recommendations
Core products and solutions: Twain, Chrome extension

Visit Twain

Bertha.ai

Bertha.ai is a content generation solution that helps with creating written content and imagery for blog posts and other webpages as well as other forms of digital marketing copy. Initially designed specifically for WordPress users, the solution now also works with sites like Shopify, WooCommerce, Wix, and Squarespace.

Founded: 2021
Headquarters: Ascot, Berkshire, United Kingdom
Funding: 55.2 billion
Search growth status: Growing
Founded by: Andrew Palmer and Vito Peleg
Category and use cases: Content generation, image and illustration creation, blog writing, product description writing
Core products and solutions: Bertha AI, Chat, Write Anything, Long Form Content, and Bertha Chrome Extension

Visit Bertha.ai

Tome

Tome is a creative generative AI platform that was established by two former Meta managers that has quickly gained recognition for its versatile and intuitive interface. The founders’ goal was to create a fun tool that fills in some of the gaps left by tools like PowerPoint, especially when it comes to mobile usability. Trained on your value framework and sales data, Tome helps you research your target customers and then generates both relevant and somewhat randomized content for users’ presentations, acting as a business partner, assistant, or trusted friend who helps to brainstorm the best possible content for the project.

Founded: 2022
Headquarters: San Francisco, California, USA
Funding: $81 million
Search growth status: Growing
Founded by: Keith Peiris and Henri Liriani
Category and use cases: AI presentation generation, AI storytelling, marketing and sales, product pitching, creative projects
Core products and solutions: Tome

Visit Tome

CopyAI

Copy.ai takes on the unique role of creating generative AI for go-to-market workflows and strategizing, giving users the technology necessary to more intelligently attract, land, adopt, retain, and expand their reach. The platform is most often used by marketing and sales professionals to help them work through their GTM processes more quickly and smoothly. Copy.ai can be used to translate content for a multilingual or global audience, generate blog and social media content, and create the content and structure necessary for a successful email marketing campaign.

Founded: 2020
Headquarters: Memphis, Tennessee, USA
Funding: 13.9 million
Search growth status: Growing
Founded by: Paul Yacoubian and Chris Lu
Category and use cases: GTM AI, task automation, content generation, CRM content enrichment, marketing, sales, brand voice management, email marketing, translation
Core products and solutions: Copy.ai platform, AI Marketing OS, AI Sales OS

Visit CopyAI

Narrative BI

Narrative BI is building a new chapter in data democratization. The goal of this gen AI platform is to turn data, business intelligence, and analytics into narratives that are easier for all users to understand and contextualize within their roles and the greater frame of the business. This approach empowers all employees to contribute more effectively to decision-making, regardless of where crucial business data resides — whether in Google Analytics, Facebook Ads, or LinkedIn Ads. Salesforce, Slack, Snowflake, Amazon Redshift, PostgreSQL, and MySQL are also integrated into the platform.

Founded: 2020
Headquarters: Mountain View, California, USA
Funding: Not publicly disclosed
Search growth status: Growing
Founded by: Michael Rumiantsau and Yury Koleda
Category and use cases: AI insights for marketing and sales, social media and analytics integrations, automated generative BI, narrativized analytics
Core products and solutions: Narrative BI platform and Generative BI

Visit Narrative BI

Anyword

Anyword is a generative AI writing solution that focuses specifically on marketing and other business outcomes. Users can optimize existing content for better performance, personalize messaging on their websites at scale, and train AI to understand their brand’s voice and target audience. With features like a predicted performance score and integrations with ChatGPT, Notion, and HubSpot, users can improve their content across all of their workflows.

Founded: 2013
Headquarters: New York, New York, USA
Funding: $30.1 million
Search growth status: Growing
Founded by: Yaniv Makove and Adam Habari
Category and use cases: Marketing content generation, demand generation, SEO support, API, website automation, LLMs, copy intelligence
Core products and solutions: Data-Driven Editor, Blog Wizard, Copy Intelligence Platform, private LLMs, Performance Boost AI Chrome Extension

Visit Anyword

Top 13 generative AI startups for audio, video, and creative projects

These generative AI leaders have revolutionized creative content production by outputting all manner of audio-video content based on text prompts.

Synthesia

Synthesia is a generative AI video company that focuses on video creation for personal and enterprise use. Users can rely on AI avatars and voices to communicate in training, marketing, and how-to videos in 120 different languages. Most importantly, professional-looking videos can be generated from users’ text inputs.

Founded: 2017
Headquarters: London, United Kingdom
Funding: $336 million
Search growth status: Growing
Founded by: Lourdes Agapito, Matthias Niessner, Steffen Tjerrild, and Victor Riparbelli
Category and use cases: Video generation, AI voice and avatar generation, video templates
Core products and solutions: Synthesia

Visit Synthesia

Midjourney

Midjourney is a generative AI solution for image and artwork creation that primarily gives users access to its features and community support through Discord. Though Midjourney has faced some of the same controversies as Stability AI, the company continues to grow its capabilities and user base. The platform is particularly known for its advanced and granular image editing features.

Founded: 2022
Headquarters: San Francisco, California, USA
Funding: Self-funded
Search growth status: Growing
Founded by: David Holz
Category and use cases: Natural-language-driven image generation, image enhancements and modifications, image editing
Core products and solutions: Midjourney

Visit Midjourney

For a detailed list of the leading AI video providers, read eWeek’s guide to the best AI video generators.

MURF.AI

Murf AI is a leading voice AI generation company frequently praised for the quality of its multilingual voices, as well as its solutions’ ease of use. Murf AI provides various third-party integrations for creative content production, as well as instructional resources and how-to guides for a diverse range of content types — Spotify ads, learning and development training, animation, video games, podcasts, marketing and sales videos, and more.

Founded: 2020
Headquarters: Salt Lake City, Utah, USA
Funding: $11.5 million
Search Growth Status: Growing
Founded By: Divyanshu Pandey, Ankur Edkie, Sneha Roy
Category and Use Cases: Text to speech, voice cloning, AI dubbing, AI translation, API, voices for Windows, voice content generation
Core Products and Solutions: Murf, Murf Studio, Murf API, and AI Translation

Visit MURF.AI

PlayHT

PlayHT is a leading AI voice generation company that has pushed beyond the capabilities of its competitors, developing innovative solutions such as enterprise-specific AI voice agents and Podcast.ai — a subsidiary dedicated to producing weekly podcasts entirely generated by AI voices and transcripts. Each episode explores a unique topic, and the podcast even recreated an episode featuring Steve Jobs using his past recordings and biographical details.

Founded: 2016
Headquarters: Palo Alto, California, USA
Funding: $500k
Search growth status: Growing
Founded by: Hammad Syed and Mahmoud Felfel
Category and use cases: AI voice generation, AI voice agents, podcast content generation, content transcription
Core products and solutions: PlayHT Studio, AI Voice Agents, PlayHT API, podcast.ai

Visit PlayHT

ElevenLabs

ElevenLabs is a leading AI research firm and AI voice generation company known for its high-quality, natural-sounding speech synthesis and enterprise-level scalability. The company provides AI-powered voice cloning, dubbing, and text-to-speech solutions for businesses and individuals. ElevenLabs achieved unicorn status in January 2024, reaching a $1.1 billion valuation.

Founded: 2022
Headquarters: New York, USA
Funding: $281 million
Search growth status: High
Founded by: Piotr Dąbkowski and Mateusz Staniszewski
Category and use cases: AI voice generation, voice cloning, dubbing, text to speech, speech to speech, API, fully managed video and podcast dubbing
Core products and solutions: Text to Speech, Speech to Speech, Projects, Dubbing ElevenStudios, API, Languages, Voice Cloning, and Voice Library

Visit ElevenLabs

Colossyan

A leading competitor in the AI video generation space, Colossyan provides users with several ways to create high-quality corporate training videos, no actors or scripting necessary. Customization is a core part of this solution, and the AI assistant is a helpful resource for users who want support in content creation. Users can input scripts, which are then brought to life by AI avatars using advanced text-to-speech technology, supporting over 70 languages.

Founded: 2020
Headquarters: New York, London, and Budapest
Funding: $28.2 million
Search growth status: High
Founded by: Dominik Mate Kovacs, Kristof Szabo, and Zoltan Kovacs
Category and use cases: AI video templates, AI avatars, text to speech, AI assistant, auto translation, AI voices, custom avatars, prompt to video generation
Core products and solutions: Colossyan

Visit Colossyan

AssemblyAI

AssemblyAI is a unique generative AI company that focuses on speech AI modeling, specifically for transforming speech to text after important conversations and recordings, like calls, video meetings, and podcasts. The tool includes several enterprise-ready features, including strong sentiment analysis capabilities and PII redaction. The company recently released Universal-1, a multilingual speech recognition model that apparently surpasses Whisper-3 in performance accuracy and speed.

Founded: 2017
Headquarters: San Francisco, California
Funding: $115 million
Search growth status: High
Founded by: Dylan Fox
Category and use cases: Speech AI modeling, speech to text, speaker diarization, auto punctuation and casing, confidence scores, automatic language detection, speech recognition modeling, streaming transcriptions, sentiment analysis, content moderation, PII redaction
Core products and solutions: AssemblyAI, Universal-1, Speech-to-Text, Streaming Speech-to-Text, Speech Understanding, Audio Intelligence, and LeMUR

Visit AssemblyAI

Plask

Plask creates technology to make animation easier and more cost-effective. The tool can be used to create animated or hyper-realistic 3D motion videos. It automates the entire process of creating designs and movement. This type of automated animation is certainly the leading edge of a larger trend, as AI influences movie and TV production by allowing faster, cheaper episode creation.

Founded: 2020
Headquarters: Los Angeles, California
Funding: $2.56 million
Search growth status: Moderate
Founded by: Jaejun Yu and Junho Lee
Category and use cases: AI-generated animation, prototyping, AI motion capture, 3D character building
Core products and solutions: Plask Motion

Visit Plask

LOVO

LOVO is a video and voice AI generation company that offers most of its features through a comprehensive platform called Genny. It’s a solid contender for users who need a platform with high-quality features for both voice and video, as well as built-in features for AI art generation and AI writing.

Founded: 2019
Headquarters: Berkeley, California
Funding: $6.5 million
Search growth status: Moderate
Founded by: Tom Lee
Category and use cases: AI video generation, voice cloning, content generation, art generation, text to speech, corporate training, social content generation
Core products and solutions: Genny, Auto Subtitle Generator, Online Video Editor, AI Art Generator, Text to Speech, Voice Cloning, and AI Writer

Visit LOVO

DeepBrain AI

DeepBrain AI is a fast-growing AI video generation company that specializes in AI avatars, text-to-video, and conversational AI. Its platform, AI Studios, enables users to create realistic AI-generated videos with lifelike digital avatars and natural-sounding voices. However, its AI Humans solution sets it apart, allowing for fully interactive, conversational AI avatars that can serve as virtual assistants, customer service representatives, or even digital companions.

Recent reports suggest that governments and enterprises are actively investing in DeepBrain AI’s technology to enhance public services, support individuals with disabilities, and streamline communication processes.

Founded: 2016
Headquarters: Seoul, South Korea
Funding: $7.76 million
Search growth status: High
Founded by: Eric Seyoung Jang
Category and use cases: AI video generation, AI video editing, AI avatars, deepfakes, text to video, text to speech, conversational AI, AI conversation simulations
Core products and solutions: AI Studios and AI Human

Visit DeepBrain AI

Elai.io

Elai.io provides AI video generation tools to users of all backgrounds, but its emphasis is on business and enterprise audiences. Built-in collaborative features include interactive storyboarding, customizable brand kits, and API power to support custom and scalable use cases. While Elai.io is a new competitor in a marketplace that’s becoming crowded, its emphasis on the lucrative enterprise AI market gives it an edge.

Founded: 2021
Headquarters: Wilmington, Delaware
Funding: Undisclosed
Search growth status: Moderate
Founded by: Vitalii Romanchenko and Alex Uspenskyi
Category and use cases: AI video generation, custom avatars, voice cloning, text to video, AI storyboarding, AI video editing, auto translation, video personalization
Core products and solutions: Elai platform, AI Storyboard, and API

Visit Elai.io

Sudowrite

Sudowrite is a creative tool offered by a generative AI startup that provides AI support for writers and authors. With this platform, users can flesh out an existing outline, expand on their current story, bounce ideas off the intelligent agent, or take other steps to expand their creative stories — including with images. Though this is a controversial platform, especially among creatives, several users have commented on the impressive nature of Sudowrite’s capabilities.

Founded: 2020
Headquarters: San Francisco, California
Funding: $3 million (Seed)
Search growth status: Moderate
Founded by: Amit Gupta and James Yu
Category and use cases: AI writing assistant, AI content generation, autocompletion and expansion, AI rewrite, AI recommendations, AI art generation
Core products and solutions: Sudowrite, Describe, Story Engine, Write, Expand, Rewrite, Feedback, Canvas, Brainstorm, Visualize, and Chrome Extension for Google Docs

Visit Sudowrite

Explore our guide on AI vs. genAI to understand the two technologies better.

Tavus

Tavus is a generative AI company that creates new versions of videos that users have already created based on specific viewer qualities and other personalization requirements. The foundational template videos that users create give Tavus enough material to generate believable audio and visuals for future videos on different topics, making it possible to record only one video and send custom messages to each of your contacts.

Founded: 2020
Headquarters: San Francisco, California
Funding: $24.2 million
Search growth status: High
Founded By: Hassaan Raza and Quinn Favret
Category and Use Cases: Automated video generation and personalization, voice cloning, media blending, lip sync, video templates, recruiting and marketing campaign videos
Core Products and Solutions: Tavus, AI video APIs

Visit Tavus

Top 10 generative AI startups for healthcare, pharmaceuticals, and life sciences

Among the many ways these generative AI startups assist healthcare is by dramatically speeding up medical research, allowing for faster discovery of lifesaving pharmaceuticals and other solutions.

Hippocratic AI

Hippocratic AI takes a unique and much-needed approach to AI healthcare software, offering a foundation model and comprehensive resources for managing patient care and relationships. The platform is designed to follow Health Information Privacy (HIPAA) and other ethical expectations for healthcare, with AI healthcare agents that have been scored and reviewed by nurses and healthcare professionals. Recently, Hippocratic AI partnered with NVIDIA and secured significant funding, setting the stage for rapid expansion in the healthcare AI industry.

Founded: 2022
Headquarters: Palo Alto, California
Funding: $141 million
Search growth status: High
Founded by: Munjal Shah, Vishal Parikh, Meenesh Bhimani, Subho Mukherjee, Alex Miller, Saad Godil, Kim Parikh, Debajyoti Datta, and Paul Gamble
Category and use cases: Generative AI healthcare agents, artificial health general intelligence (HGI), LLM designed with constellation architecture
Core products and solutions: Polaris model and AI healthcare agents

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Paige AI

Paige AI uses generative AI to optimize cancer diagnostics and pathology, using AI to research on topics like tissue response. The platform currently specializes in breast cancer and prostate cancer diagnoses but also offers other diagnostic resources for oncology professionals, hospitals, and labs.

Founded: 2017
Headquarters: New York, New York
Funding: $239 million
Search Growth Status: High
Founded By: David Klimstra, Norman Selby, Peter Schüffler, and Thomas Fuchs
Category and Use Cases: Cancer diagnostics, computational pathology, biomarker detection, AI-driven image viewer
Core Products and Solutions: Paige platform, Paige Prostate Suite (including Paige Prostate Detect), Paige Breast Suite (including Her2Complete), and FullFocus

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Iambic Therapeutics

Iambic Therapeutics, previously known as Entos, is a company made up of top scientists, biotechnology professionals, and machine learning experts who are working to optimize drug discovery and therapeutics in oncology and other challenging fields. Their pipeline therapeutics has several different candidates in early-phase trials right now or scheduled for the coming months. The company has also patented or contributed to several AI-driven computational processes for drug discovery, all of which are part of its flagship platform.

Founded: 2019
Headquarters: San Diego, California
Funding: $206 million
Search Growth Status: Moderate
Founded By: Fred Manby, Sarah Trice, and Thomas Miller
Category and Use Cases: Drug discovery and development, physics-informed AI design, high-throughput experimentation, generative diffusion for protein-ligand structure prediction, AI-accelerated quantum chemistry, multi-parameter lead selection, generative molecular design, oncology therapeutics
Core Products and Solutions: Pipeline of oncology therapeutics, NeuralPlexer, OrbNet, PropANE, Magnet

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Insilico Medicine

Insilico Medicine is a pharmaceutical research and development startup that uses generative AI and machine learning to create more efficient processes across biology, chemistry, and analytics. It’s focused on reducing the time and cost of drug development, particularly in areas such as immunology, oncology, central nervous system disorders, and fibrosis.

Founded: 2014
Headquarters: Hong Kong & New York
Funding: $500 million+
Search Growth Status: High
Founded By: Alex Zhavoronkov
Category and Use Cases: Novel molecules generation with de-novo drug design and scalable engineering, clinical trial design and predictive AI, deep biology analysis engine for multi-omics target discovery
Core Products and Solutions: PHARMA.AI Suite, PandaOmics, Generative Biologics, Chemistry42, and inClinico

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Etcembly

Etcembly is a company that is improving T-cell receptor immunotherapies with its machine-learning platform, EMLy. The platform sifts through complex TCR patterns and datasets to discover and identify personalized TCR therapeutic options for patients. In late 2023, the company also developed the world’s first immunotherapy drug designed using generative AI.

Founded: 2020
Headquarters: United Kingdom
Funding: Undisclosed
Search Growth Status: Moderate
Founded By: Michelle Teng and Jacob Hurst
Category and Use Cases: ML database for TCR immunotherapies, AI-driven TCR discovery and identification, computer-assisted engineering, biotechnology, generative AI drug design
Core Products and Solutions: EMLy, bispecific T cell engager

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Biomatter

Biomatter uses its Intelligent Architecture platform to design and develop proteins for health and sustainable manufacturing. It also goes beyond more traditional human protein expectations and supports use cases across molecular biology, food and beverage, biotherapeutics, and agriculture projects.

Founded: 2018
Headquarters: Vilnius, Lithuania
Funding: $6.7 million
Search Growth Status: Emerging
Founded By: Donatas Repečka, Laurynas Karpus, Rolandas Meškys, and Vykintas Jauniskis
Category and Use Cases: Enzyme and protein design, sustainable manufacturing, biotherapeutics
Core Products and Solutions: Intelligence Architecture platform

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Activ Surgical

Activ Surgical uses intraoperative surgical intelligence to give surgeons real-time information and better visuals during surgery. The company’s more recent developments enable surgeons to perform surgeries with the help of augmented reality overlays.

Founded: 2017
Headquarters: Boston, Massachusetts
Funding: $100 million
Search Growth Status: Growing
Founded By: Peter Kim and Seth Teicher
Category and Use Cases: Surgical intelligence and assistance, multimodal advanced visualization, tissue evaluations
Core Products and Solutions: ActivEdge Platform, ActivSight Intelligent Light

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Kaliber Labs

Kaliber Labs focuses on developing AI-powered surgical software for arthroscopic surgery needs. Its Rekap Patient Management solutions help patients and other members of the surgical team get the analytics and other information they need faster and more seamlessly.

Founded: 2015
Headquarters: Palo Alto, California
Funding: Undisclosed
Search Growth Status: Emerging
Founded By: Ray Rahman
Category and Use Cases: Digital surgical assistance, AI-labeled patient communication platform, AI-powered feedback for surgeons, automated surgery stage recognition.
Core Products and Solutions: Still in development; some will require FDA approval

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Osmo

Founded in 2023 as a spinout from Google Research, Osmo uses machine learning to help computers predict how something smells based on its molecular structure. Starting with the creation of a map of odors and scents, the company has now begun working on “teleporting scent” and generating artificial smells. The company has gone much further than that at this point, but it states that its goal is to use this technology to support human health and wellness.

Founded: 2023
Headquarters: Cambridge, Massachusetts
Funding: $65 million
Search Growth Status: Emerging
Founded By: Alex Wiltschko
Category and Use Cases: Olfactory science and computer smelling capabilities
Core Products and Solutions: Osmo AI, Scent Teleportation (in the works)

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Aqemia

Aqemia uses AI that includes experimental data to scale drug discovery in the pharmatech space. The company touts how it uses both quantum and statistical mechanics algorithms to achieve better outcomes for critical and niche disease categories. At the end of 2023, a $140 million multi-year collaboration with Sanofi was announced, so expect to see more innovations from Aqemia on the horizon.

Founded: 2019
Headquarters: Paris, France
Funding: $103 million
Search Growth Status: High
Founded By: Emmanuelle Rolland-Martiano and Maximilien Levesque
Category and Use Cases: Drug discovery, drug discovery pipeline, drug design
Core Products and Solutions: Drug discovery pipeline; more in the works

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Top 4 generative AI startups for synthetic data and data analytics

Synthetic data is computer generated data, which allows AI models to be productive without using personal information, among other advantages. The following generative AI firms focus on synthetic data and data analytics to serve the enterprise market.

Synthetaic

Synthetaic’s platform, RAIC, is primarily designed to generate AI models that can ingest and analyze unstructured and unlabeled datasets from videos, satellite imagery, and video and drone footage. The company famously tracked the origin of a Chinese balloon in February 2023. The company has also partnered with Microsoft and received additional funding for image-focused data analysis, which will likely lead to new products and use cases in the near future.

Founded: 2019
Headquarters: Delafield, Wisconsin
Funding: $50.2 million
Search Growth Status: High
Founded By: Corey Jaskolski
Category and Use Cases: AI prototyping, unstructured data analysis, geospatial analysis, drone-based monitoring, content moderation, model training, unlabeled data ingestion, video security
Core Products and Solutions: RAIC

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Synthesis AI

Synthesis AI is a cutting-edge synthetic data generation company that creates computer-vision-driven imagery, videos, and human simulations. Focused on ethical AI development, its use cases span across industries. Most recently, the company also started OpenSynthetics, an open community for synthetic data usage and development.

Founded: 2019
Headquarters: San Francisco, California
Funding: $25.4 million
Search Growth Status: High
Founded By: Yashar Behzadi
Category and Use Cases: Synthetic data generation for computer vision, image labeling, image generation, video generation, ID verification, automotive and driver monitoring, pedestrian detection, teleconferencing, security scenarios, virtual try-on, avatar creation, AR/VR/XR, 3D human models
Core Products and Solutions: Data Visualizer, OpenSynthetics

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Syntho

Syntho is a synthetic data generation startup that uses generative AI to create synthetic data twins of actual sensitive data. Syntho’s Syntho Engine is often used for realistic product demos, data analytics, and test data generation. Key reasons why users select this platform include its comparative ease of use and democratized approach to synthetic data generation and analytics.

Founded: 2020
Headquarters: Amsterdam, Netherlands
Funding: $1.22 million
Search Growth Status: Moderate
Founded By: Marijn Vonk, Simon Brouwer, and Wim Kees Janssen
Category and Use Cases: Synthetic data generation, test data generation, data analytics, smart de-identification
Core Products and Solutions: Syntho Engine

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GenRocket

GenRocket is a synthetic data generation solutions provider that emphasizes automation and enterprise-level scalability for data. Test data can be automatically generated, and what’s more, it can be generated in a dynamic format that’s easy to adjust and scale up as needed. The platform works across a variety of industries and use cases, including finance and insurance, healthcare, AI and ML model testing, extract, transform, load (ETL), and big data testing, and other digital transformation projects.

Founded: 2012
Headquarters: Ojai, California, USA
Funding: Unfunded
Search Growth Status: Moderate
Founded By: Garth Rose and Hycel Taylor
Category and Use Cases: Synthetic data generation, data management, test data generation, data subsetting, data masking, data security, anomaly detection, fraud detection
Core Products and Solutions: GenRocket Test Data Automation (TDA)

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Top 7 generative AI startups for customer service and customer experience

AI can assist with customer service in countless ways, sometimes by replacing workers, in other scenarios by supporting them. The following companies are building exceptional tools in this rapidly growing category.

Gridspace

Gridspace offers solutions for organizations that want to better automate, manage, and analyze contact center and customer interactions. The company offers voice bots and live agent training, making it possible to create a hybrid bot-human agent workforce in healthcare, retail, and other customer-service-driven sectors.

Founded: 2012
Headquarters: San Francisco, California, USA
Funding: $7.6 million
Search Growth Status: Moderate
Founded By: Anthony Scodary, Evan Macmillan, and Nico Benitez
Category and Use Cases: Conversational AI, virtual agents and voice bots, virtual contact centers, observability and call monitoring, customer service
Core Products and Solutions: Gridspace Grace, Gridspace Sift Analytics, and Gridspace Pulse

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Revery AI

Revery AI offers a virtual dressing room and try-on experience that uses generative AI to help users more accurately visualize how clothing will look on them in real life. The company has partnered with some fashion retailers to create a more integrated virtual shopping experience for users, and through this process has developed a more comprehensive AI shopping assistant.

Founded: 2020
Headquarters: Champaign, Illinois, USA
Funding: $125k (Seed)
Search Growth Status: Moderate
Founded By: Jeffrey Zhang and Kedan Li
Category and Use Cases: Virtual dressing room and try-on, virtual reality, garment tagging and classification, garment segmentation, smart shopping assistant, e-tail.
Core Products and Solutions: Revery

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Veesual

Veesual is a generative AI startup that uses deep learning and image generation to enable virtual try-ons for fashion and e-commerce. It gives users the ability to select the body-type model that looks most like them and then sort through high-res images of different clothing items on that model.

Founded: 2020
Headquarters: Paris, France
Funding: $7.62 million
Search Growth Status: High
Founded By: Damien Meurisse, Eric Gillaume, and Maxime Patte
Category and Use Cases: Virtual try-on and image generation
Core Products and Solutions: Mix & Match, Switch Model, and Digital Dressing Room

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Frame AI

Frame AI is a customer service and general audience analytics platform that uses artificial intelligence to support users who want to better understand their audiences’ wants and needs. The company focuses on behavioral and sentiment analysis, customer-specific insights, and customer segmentation. The platform uses stream-trigger augmented generation architecture rather than retrieval-augmented generation (RAG), meaning it’s focused on paying close attention to what’s happening in your business’s specific data stream and building intelligence around that.

Founded: 2016
Headquarters: New York, NY, USA
Funding: $17 million
Search Growth Status: High
Founded By: George Davis, Brandon Reiss, Jesse St. Charles, John Gu, and Robbie Mitchell
Category and Use Cases: AI analytics for customer service, AI answer engines, trend detection, marketing, customer service, product feedback, stream-trigger augmented generation (STAG)
Core Products and Solutions: Frame AI

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Zowie

Zowie is a generative AI and conversational AI company that focuses on customer service in e-commerce environments. The platform includes a wide variety of intelligent customer support chatbots, including bots that are focused on email and sales conversations. The company also operates with its own LLM, X2, which is specifically designed for e-commerce conversational scenarios and is compliant with both GDPR and SOC-2.

Founded: 2019
Headquarters: Dover, Delaware, USA
Funding: $20 million
Search Growth Status: Moderate
Founded By: Maja Schaefer and Matt Ciolek
Category and Use Cases: AI customer service, e-commerce customer service, conversational AI, chatbot, business intelligence, e-commerce focused LLM
Core Products and Solutions: Zowie Chatbot, Zowie Emailbot, Zowie Inbox, Zowie Salesbot, Zowie Proactive Chats, Zowie Business Intelligence, and Zowie X2

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Forethought

Forethought is a leading provider of generative AI-driven customer support platforms, with various features built in to help businesses understand and better direct customer queries more efficiently. At this time, most of Forethought’s customers are focused in e-commerce, SaaS, fintech, and travel companies. At the end of 2023, the company introduced Autoflows, a new feature of its Solve solution that helps users autonomously manage policy creation and issue resolution for a variety of customer service and ticketing workflows.

Founded: 2017
Headquarters: San Francisco, California, USA
Funding: $92.2 million
Search Growth Status: High
Founded By: Deon Nicholas, Sami Ghoche, and Colm Doyle
Category and Use Cases: AI-powered customer service, AI-powered employee resources, support ticket management, conversational routing
Core Products and Solutions: SupportGPT, Triage, Assist, Autoflows, Solve, and Discover

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Lily AI

Lily AI is a product management and customer service AI platform that helps retail businesses understand their customers and create smoother shopping experiences. The solution includes features for product attribution and labeling, site search support, AI-powered recommendations, and demand forecasting. With recent funding rounds and the introduction of a customer-focused content generation solution to the Lily AI stack, expect to see more growth from this company in the coming months.

Founded: 2015
Headquarters: Mountain View, California, USA
Funding: $61.9 million
Search Growth Status: High
Founded By: Purva Gupta and Sowmiya Narayanan
Category and Use Cases: Branded content generation, product description generation, demand forecasting, recommendations, site search
Core Products and Solutions: Product Attribution, Lily E-Commerce, and Lily Demand Forecasting

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Top 8 generative AI startups for gaming and entertainment

Gaming, with its high demand for audio and video support, is a prime industry for generative AI. The following leaders in generative AI are shaping both audio-video creation and the gaming experience.

Runway

Runway is an established leader in AI-powered, cinema-quality video and content production. Specifically with Runway Studios, filmmakers of varying skill levels can use Gen-1 and Gen-2 models, as well as several other image and content editing tools, to create high-quality video content without actors or original footage. With OpenAI’s recent announcement of the text-to-video platform, Sora, Runway is expected to compete against the new tool and perhaps optimize its existing feature set or add new features to win this race.

Founded: 2018
Headquarters: New York, NY, USA
Funding: $237 million
Search Growth Status: High
Founded By: Cristóbal Valenzuela, Anastasis Germanidis, and Alejandro Matamala-Ortiz
Category and Use Cases: Text to video generation, video to video generation, text to image generation, image to image generation, frame interpolation, image expansion, 3D texture generation, image variations, inpainting, motion tracking, image editing and effects
Core Products and Solutions: Gen-1, Gen-2, and Runway Studios

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Latitude.io

Latitude.io is one of the first and foremost providers of AI-generated gaming experiences. With its flagship platform AI Dungeon, users can enter actions into the game while AI drives the rest of the game narrative forward.

Founded: 2019
Headquarters: Lehi, Utah, USA
Funding: $3.3 million
Search Growth Status: Moderate
Founded By: Alan Walton and Nick Walton
Category and Use Cases: Gaming
Core Products and Solutions: AI Dungeon

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Character.AI

Character.AI is a company that offers creative ways to develop and chat with user-created characters. Though the tool can simply be used for fun conversations with “real” or imagined people, it can also be used to simulate important conversations like job interviews.

Founded: 2021
Headquarters: Palo Alto, California, USA
Funding: $193 million
Search Growth Status: High
Founded By: Daniel De Freitas and Noam Shazeer
Category and Use Cases: Character generation with virtual chat and entertainment.
Core Products and Solutions: Character.ai

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Charisma Entertainment

Charisma.ai is a plug-and-play platform that enables entertainment companies and storytellers to create realistic characters and storylines that adjust to player/user inputs. Some examples of media created with Charisma include The Kraken Wakes game and the Will Play virtual learning platform.

Founded: 2015
Headquarters: London, England, UK
Funding: Undisclosed
Search Growth Status: Moderate
Founded By: Guy Gadney
Category and Use Cases: AI storytelling, entertainment, gaming, virtual learning, intelligent character development, scripting tools, generative AI dialogue engine
Core Products and Solutions: Charisma.ai

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Replika

Replika is a generative AI solution that creates AI companions capable of more human-like chats with a more personal touch. The interface of this app is designed to not only allow users to have realistic conversations but also to spend time with their Replika characters in augmented reality experiences.

Founded: 2015
Headquarters: San Francisco, California, USA
Funding: $11 million
Search Growth Status: High
Founded By: Eugenia Kuyda
Category and Use Cases: Conversational AI, AI companion/avatar generation, augmented reality
Core Products and Solutions: Replika

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Aimi.fm

Aimi.fm offers a generative AI music player that creates endless loops of music across various genres for listeners. With Aimi Studio, music producers of all skill levels can explore intuitive music creation tools, while Aimi Music Services provides businesses and enterprises with music-as-a-service solutions, allowing them to generate copyright- and royalty-free music effortlessly.

Founded: 2019
Headquarters: Seattle, Washington, USA
Funding: $20 million
Search Growth Status: Moderate
Founded By: Edward Balassanian
Category and Use Cases: Generative music creation, music production, content curation
Core Products and Solutions: Aimi, Aimi Studio, and Aimi Music Services

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Inworld AI

Inworld AI is a company that uses generative AI and text-to-character prompts to help gaming and media companies make non-player characters (NPC) seem more realistic. In turn, these NPCs can be used in traditional video games, VR, training, and other types of digital entertainment and experiences.

Founded: 2021
Headquarters: Mountain View, California, USA
Funding: $117 million
Search Growth Status: High
Founded By: Ilya Gelfenbeyn, Kylan Gibbs, and Michael Ermolenko
Category and Use Cases: NPC character generation, gaming, training and education, customer experience agents, other forms of digital entertainment and interaction
Core Products and Solutions: Inworld Engine, Inworld Studio, Inworld Core, and Inworld Arcade

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SOUNDRAW

SOUNDRAW is a generative AI solution for music composition that can be tailored to different genres, instruments, and other musical variables. It is most frequently used to generate music that is placed in the background of videos. The company also offers a music generation API to support business users who want to incorporate custom music into their products.

Founded: 2020
Headquarters: Tokyo, Japan
Funding: $50.1 million
Search Growth Status: Moderate
Founded By: Daigo Kusunoki
Category and Use Cases: Music and audio generation for videos, podcasts, games, social media, TV, radio, and other mediums
Core Products and Solutions: SOUNDRAW, AI Music Generation API

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Top 8 generative AI companies for project management, legal, and business operations

Generative AI’s ability to read and generate text makes it a powerful tool for workflow management, enabling the following AI companies to drive innovation across various business sectors.

Notion

Notion’s highly popular workspace platform provides task management and other daily work management tools for creatives and project teams. Notion AI was released to the public in early 2023 and quickly gained traction as an option for teams that want to summarize notes, generate and fill out tables, create quick lists and action items, and write emails with the help of generative AI.

Founded: 2013
Headquarters: San Francisco, California, USA
Funding: $353 million
Search Growth Status: High
Founded By: Chris Prucha, Ivan Zhao and Simon Last
Category and Use Cases: Content generation, content summarization, content suggestions and translations, Q&A, note taking, email writing, task management
Core Products and Solutions: Notion AI, Wikis, Projects, and Docs

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Harvey

Harvey is a legal AI startup that has experienced remarkable growth reaching an estimated $715 million valuation after a year in operation. The company targets its solutions for elite law firms and professional services firms, now offering its tools and support through a Microsoft Azure professional services platform. With recent additional funding rounds, a growing number of top-tier law firm partnerships, and its recent acquisition of Mirage, Harvey is a startup to watch in the legal sector.

Founded: 2022
Headquarters: San Francisco, California, USA
Funding: $506 million
Search Growth Status: High
Founded By: Winston Weinberg and Gabriel Pereyra
Category and Use Cases: Legal generative AI, AI support for professional services, AI chatbot, AI-powered professional services platform
Core Products and Solutions: AI-powered professional services platform on Microsoft Azure; most other solutions in the works or under wraps

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Ironclad

Ironclad offers AI contract management software for industries and use cases ranging from legal and procurement to marketing, sales, IT, HR, and finance. The platform is designed to help users manage the entire contract lifecycle, providing tools for designing, editing, and reporting on the results of different contracts and terms. Ironclad AI is a subset of the larger Ironclad platform that includes intelligent contract analysis and management tools for automated approvals, flagging, and other support, which frees up human employees for more complicated tasks and strategy work.

Founded: 2015
Headquarters: San Francisco, California, USA
Funding: $333 million
Search Growth Status: Moderate to High
Founded By: Jason Boehmig and Cai GoGwilt
Category and Use Cases: AI-powered contract lifecycle management, workflow designer, AI editor, reporting, embedded contracts, terms management
Core Products and Solutions: Ironclad CLM Software and Ironclad Clickwrap

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Taskade

Taskade is a productivity and task management solutions company that uses AI agents, AI writing assistants, and other AI-supported tools to help users manage their tasks more effectively. Users can take advantage of Taskade for task list generation and other creative project management visualizations, as well as for more automated workflows in PM, marketing, and sales task management.

Founded: 2017
Headquarters: New York, USA
Funding: $5 million
Search Growth Status: Moderate
Founded By: John Xie, Dionis Loire, and Stan Chang
Category and Use Cases: AI task management, AI writing assistant, AI agents, mind map and flowchart creation, project management, marketing assistant, AI prompt templates, document summarization, AI personas, action item and task generation
Core Products and Solutions: Taskade AI, powered by either OpenAI GPT-3.5 Turbo, GPT-4, or GPT-4 128K

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Humata

Humata is an AI knowledge base tool that focuses on helping users quickly get useful information out of PDFs and files, even if the source assets are incredibly long and dense. Users can upload as many files as they want, ask questions of the files, and highlight important citations for continued reference. A free version of this tool is available, but it also scales to enterprise-level requirements and includes enterprise security and compliance protections.

Founded: 2022
Headquarters: Austin, Texas, USA
Funding: $3.5 million
Search Growth Status: Early-stage growth
Founded By: Cyrus Khajvandi and Dan Rasmuson
Category and Use Cases: PDF AI, content summarization for documents and files, document-focused Q&A, AI chat, citation highlights, website embedding
Core Products and Solutions: Humata

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Simplifai

Simplifai is an AI-powered automation platform and offers solutions primarily for banking, finance, insurance, and public sector companies. The platform includes many features to help users more effectively manage claims, debts, and other complicated document formats. Simplifai’s purpose-built InsuranceGPT tool enables faster and more straightforward claims incident reporting, and the company’s commitment to GDPR, ISO/IEC 27001:2013, and other data privacy and security protocols make it ideal for highly regulated FinTech businesses.

Founded: 2017
Headquarters: Oslo, Norway
Funding: $3.34 million
Search Growth Status: Growth-stage
Founded By: Bård Myrstad and Erik Leung
Category and Use Cases: Intelligent automation, business process automation, AI-powered chat and customer service, claims and document handling, compliance management, banking and finance, insurance, public sector
Core Products and Solutions: Simplifai AI Automation Platform, Insurance GPT, Chat Processing Module, Document Processing Module, and Written Inquiry Processing Module

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PatentPal

PatentPal is a tool specifically designed with patent law requirements in mind. It reviews claims written by subject matter experts (e.g., lawyers) to automatically generate tonally and factually accurate patent specification drafts, streamlining a firm’s intellectual property protection efforts.

Founded: 2018
Headquarters: Menlo Park, United States
Funding: Undisclosed
Search Growth Status: Growth-stage
Founded By: Jack Xu
Category and Use Cases: Content generation and summarization for patent applications and intellectual property
Core Products and Solutions: PatentPal

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Adept AI

Adept AI relies on AI and natural language processing commands to create better interactions between humans and computers in the workplace. It automates and simplifies workflows in common business tools, including Salesforce and Google Sheets. Its ACT-1 model is an established offering, and at the beginning of 2024, Adept released Adept Fuyu-Heavy, a highly capable multimodal AI model that should expand Adept AI’s customer base.

Amazon recently hired away the company’s founders and core staff, leaving the remaining third of its employees to focus entirely on solutions that enable agentic AI.

Founded: 2022
Headquarters: San Francisco, California, United States
Funding: $415 million
Search Growth Status: Growth-stage
Founded By: Ashish Vaswani, David Luan, and Niki Parmar
Category and Use Cases: Business and software development, process automation, in-app task and goal development, generative AI models, multimodal content generation
Core Products and Solutions: ACT-1, Adept Fuyu-Heavy

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Top 3 generative AI startups for chatbots, search, and personal assistance

The AI chatbot sector is the most active and established generative AI category, with an extensive list of top AI chatbots now in use. The following companies are a brief sampling of the many top contenders.

Perplexity AI

Perplexity AI is an AI search engine with an interface that resembles other leading chatbots and LLMs, but with a greater focus on personalization and conversational accessibility. In the platform’s output, a detailed response and explanation is presented; several sources and relevant images are included in these results, as well as related queries that can support users who want to continue their research. Perplexity combines the best of a traditional search engine with an AI model’s power and conversational capabilities.

Founded: 2022
Headquarters: San Francisco, California, United States
Funding: $915 million
Search Growth Status: Rapid-growth stage
Founded By: Aravind Srinivas, Denis Yarats, Andy Konwinski, and Johnny Ho
Category and Use Cases: AI search engine, conversational AI, contextual AI
Core Products and Solutions: Perplexity

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Andi

Andi is a generative-AI search bot with a friendly tone that not only helps users search for information across the web but also summarizes and further explains that information. As the company explains, “Andi is designed from the ground up to not generate the sort of made-up rubbish and fake sources that you see with GPT-based chatbots.” Using current search results helps support this goal. Additionally, users appreciate Andi’s clean interface and lack of ads.

Founded: 2021
Headquarters: Miami, Florida, USA
Funding: $125k (Seed)
Search Growth Status: Steady
Founded By: Angela Hoover
Category and Use Cases: AI semantic search, chatbot, search results summarization
Core Products and Solutions: Andi

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You.com

Starting as a personalization-focused search engine, You.com has evolved into an AI assistant that summarizes and personalizes search results with generative AI. The generative AI solution is available as a Chrome extension and can be used through iOS, Android, and WhatsApp. The company also offers YOU API, which it claims is the first full web index for large language models.

Founded: 2020
Headquarters: San Francisco, California, USA
Funding: $50 million
Search Growth Status: Increasing
Founded By: Bryan McCann and Richard Socher
Category and Use Cases: AI-driven search, AI assistant, AI chat, content generation, content summarization and personalization
Core Products and Solutions: You.com, YOU API, and YOU LLM OS

Visit You.com

FAQs

Why is generative AI important?

The rise of generative AI startups underscores the importance of this technology, as it enables all manner of content creation, making AI more accessible and useful to a larger audience. Individuals can use generative AI in their daily lives at little to no cost. Among the many advantages, breakthrough innovations in areas like medical imaging and drug discovery are now possible to develop at scale because of generative AI. This technology can also better define, contextualize, and automate business operational tasks than previous types of AI ever could, meaning it’s already being applied to many enterprise use cases.

How does generative AI work?

Depending on what users are trying to create, generative AI uses different types of large language models that undergo extensive training with massive datasets and deep learning algorithms on an ongoing basis. This type of training allows generative AI tools to pull data-driven knowledge from all corners of the web and other information resources, which makes it possible for AI software to generate believable, human-like text and results.

Deep learning and neural network design mimic the functions of the human brain. Consequently, generative AI software can understand context, relationships, patterns, and other connections that have traditionally required human thinking to grasp.

What are generative AI startups?

Generative AI startups are newer companies that develop and commercialize artificial intelligence systems capable of generating content such as text, images, music, code, or even video — based on data they’ve been trained on. Some notable startups include OpenAI, Anthropic, Stable Diffusion, and Jasper.

What is the best generative AI platform?

Despite ChatGPT’s powerful functionality and wide-ranging usage, it’s not always the best generative AI platform; the best is the tool that helps you achieve your specific goals within your desired budget. For example, if you need help creating videos, you’re better off using a generative video platform over ChatGPT.

What is the downside of generative AI?

The downsides of generative AI include increased spread of misinformation, intellectual property issues, job loss, and other ethical problems, for instance, cheating on school essays.

Will generative AI replace humans?

Like any new groundbreaking technology, generative AI may replace some jobs, especially in white collar professions, but overall the long term effect will likely be one of job augmentation and change. It’s unlikely to ever replace all humans.

Is ChatGPT generative AI?

ChatGPT is a generative AI tool that can understand, summarize, and generate various forms of data, including text, images, and code.

Bottom line: Generative AI startups are reshaping tech

Ever since the debut of ChatGPT in November of 2022, generative AI and artificial intelligence in general has taken a huge leap forward and permeated various industries and business sectors. Managers, consumers, and investors have all woken up to the vast potential for generative AI to support or take over countless tasks, freeing up actual humans to do higher-value work.

It’s the young companies on this list that are reshaping the future of AI, which in turn will shape the future of technology and society at large in many profound ways. Much like with any other nascent and dynamic area of technology, expect these players to shift their products, roles, and impact in the coming months and on an ongoing basis; the only constant is ceaseless change.

Read What Is a Generative AI Model? To learn how generative AI models work and how users can make the most of their capabilities.w users can make the most of their capabilities.