Artificial Intelligence is becoming integrated with almost all market sectors, from the manufacturing industry to the robotic process automation industry. In the medical fields, AI assists doctors to find proper medical diagnosis. While on road its assisting vehicles with and without drives in navigating roads.
AI assisting humans in small tasks like finding some information or mimicking the way they speak to send a message. Since last decade, AI has been the new tech innovation that’s taking over the world.
As DataRobot CEO, Jeremy Achin says, “Everyone knows you have to have machine learning in your story or you’re not sexy.” Some think AI is far more dangerous than anything, while others say AI would change the way of commercial industry along with the lifestyle for the better.
In this article we have listed 15 such private companies in the US that is incorporating their business around AI.
Keep reading this article to know what these companies are.
Top 15 Promising AI Companies In The United States
Here are 15 AI companies in the US that have a promising business that incorporates AI with their business. These companies incorporate machine learning, natural language processing and computer vision being the core part of the business model that will bring forth future success.
Viz.ai
| Headquarters | Founders | Funding | Valuation |
| San Francisco, California | David Golan and Chris Mansi (CEO) | 252 million dollars | 1.2 billion dollars |
Viz.ai is developing a software that cross-refers CT scan images of patient’s brain to detect signs of early strokes. The CT image will be able to detect early signs of vessel occlusion that causes strokes and alert the specialists. This will lead to patients getting treatment in time and thus reduce the number of strokes.
Deep 6
| Headquarters | Founders | Funding | Valuation |
| Pasadena, California | Wout Brusselaers | 22 million dollars | 50 million dollars |
Deep 6 research team is developing a software that can take data from medical records and find underlying medical conditions in patients. CEO of Deep 6 says that the software can create graphs of patients using their medical records so that researchers can filter out specific traits and condition of the patient in “minutes, instead of months.”
The software’s language understanding engine is being trained even to detect conditions that might not be on the system notes.
Lilt
| Headquarters | Founders | Funding | Valuation |
| San Francisco, California | John DeNero, Spence Green | 12.5 million dollars | 29.5 million dollars |
Co-founder of Lilt, John DeNero has previously worked as Google Translate’s senior research scientist and now developed a human-machine translator. Lilt makes better translation than an actual human translator and much faster.This machine translation also comes equipped with predictive typing tools.
Armorblox
| Headquarters | Founders | Funding | Valuation |
| Cupertino, California | Arjun Sambamoorthy, Dhananjay Sampath (CEO), Anand Raghavan and Chetan Anand | 16.5 million dollars | 37 million dollars |
Dhananjay Sampath, CEO and founder of Aemorblox developed a software that uses machine learning and natural language processing to stop cyber-attacks. In last few years, cybersecurity threats have increased leading to developing this software that can protect customers from engineered attacks such as phishing emails or missteps in human security like disclose of data, etc.
The software analyzes communication style and automatically flags possible treats to social engineered attacks on customers.
DefinedCrowd
| Headquarters | Founders | Funding | Valuation |
| Seattle, Washington | Daniela Braga | 13.1 million dollars | 38.8 million dollars |
DefinedCrowd hires freelancers from a platform known as Neevo and then assigns them tasks such as recording audio or labeling images. These data is then used for machine learning-powered automation to train algorithms of customers after being checked.
Nuro
| Headquarters | Founders | Funding | Valuation |
| Mountain View, California | Dave Ferguson and Jiajun Zhu (CEO) | 1.03 billion dollars | 2.7 billion dollars |
Nuro is developing driver-less vehicles that can make numerous trips to deliver local goods to its customers. For 5 years, the company worked on self-driving vehicles but now wants to focus on delivery of local goods than actual humans on its vehicles.
Aurora Innovation
| Headquarters | Founders | Funding | Valuation |
| Palo Alto, California | Sterling Anderson, Drew Bagnell and Chris Urmson (CEO) | 696 million dollars | 2.57 billion dollars |
Aurora Innovation is a company that developed self-driving car systems that auto-machine manufactures can use to make their own self-driving cars. The company is created by Google, Uber and Tesla and experts who previously worked on their protects.
Currently, Aurora Innovations have a deal with Hyundai to provide software for future Kia car models. Recently the company became one of the best-funded companies in AI space after getting funding from Amazon, Sequoia Capital and T. Rowe Price.
Uptake
| Headquarters | Founders | Funding | Valuation |
| Chicago, Illinois | Brad Keywell | 258 million dollars | 2.3 billion dollars |
Uptake have collected a database of machine failures to leverage AI in analyzing the problems of vehicle failures. This failure detection can help customers or companies avoid problems in their vehicle, be it army vehicles or luxury cars.
Lemonade
| Headquarters | Founders | Funding | Valuation |
| New York City | Daniel Schreiber (CEO) and Shai Wininger | 480 million dollars | 2.1 billion dollars |
Lemonade sells homeowners and renters insurances and offers claims to customers by collecting their information. 30% of the claims are resolved without any human interaction. Hence, more than 500,000 customers have already bought insurance from the company.
Dataminr
| Headquarters | Founders | Funding | Valuation |
| New York City | Ted Bailey (CEO) | 577 million dollars | 1.59 billion dollars |
Dataminr uses public data on the internet and incorporates deep learning, advanced statistical modeling and natural language processing to send tailored alerts to users. The United Nations, Amazon, and CNN are among 500 companies that pays subscription fees to Dataminr for sending tailored alerts.
The UN also uses the system to find early signs of humanitarian crisis in the world.
DataRobot
| Headquarters | Founders | Funding | Valuation |
| Boston, Massachusetts | Tom de Godoy, Jeremy Achin (CEO) | 431 million dollars | 1.2 billion dollars |
DataRobot plans to automate most data scientists jobs. DataRobot boasts that with their software users and companies only need “curiosity and data” to build their own platform where all work can be done by the AI.
No knowledge of coding is needed to create their own platforms. Companies like Deloitte, PNC Bank and United Airlines used their software to create their own platforms.
Icertis
| Headquarters | Founders | Funding | Valuation |
| Seattle, Washington | Monish Darda, Samir Bodas (CEO) | 211 million dollars | 1 billion dollars |
Icertis is a cloud-based platform that helps companies automate their administrative work and analyze previous contract negotiations. Companies like Microsoft, Daimler and Airbus are clients of this company.
Hippo Insurance
| Headquarters | Founders | Funding | Valuation |
| Palo Alto, California | Eyal Navan, Assaf Wand (CEO) | 209 million dollars | 1 billion dollars |
Hippo Insurance is a company that makes the loan application process faster and Millennial-friendly.
Scale AI
| Headquarters | Founders | Funding | Valuation |
| San Francisco, California | Alexandr Wang (CEO) | 122 million dollars | 1 billion dollars |
Scale AI is a data labeling company that helps companies to use their labelled data to train their own system. Alexander Wang started this company before he turned 23 and one of the listed 100 Most Influential People in the AI world in 2023. Wang says that his company uses machine learning to correctly label data.
Anduril Industries
| Headquarters | Founders | Funding | Valuation |
| Irvine, California | Brian Schimpf (CEO), Palmer Luckey, Matt Grimm, Joe Chen, Trae Stephens | 180 million dollars | Just under 1 billion |
Ex-Co founder of Oculus, Palmer Luckey was fired from Facebook that led his to start his own company Anduril Industries in 2017. The company developed a threat-detection system by using data collected from drones, sensors on towers and vehicles. This data is then used to create a 3D but real-time image of a place.
This image is used to foresee potential threats to an area or place. UK’s Royal Navy and Marine Corps and even Customs and Border Protection have contracts with Anduril Industries.
Conclusion
What are your thoughts about these AI companies and Artificial Intelligence in general? Let us know.
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