There are some machine learning startups that you must know about if you’re operating in this industry nowadays simply because the market is moving so fast. Machine learning and artificial intelligence, when it comes to startups, is becoming more of an essential aspect rather than just a luxurious addition to your product.
People used to say, “Oh, and we’re also powered by artificial intelligence algorithms.” Nowadays, people are saying, “We are an artificial intelligent algorithm.” It’s shifting so quickly that people can’t really see what machine learning is anymore.
In terms of machine learning startups, here are the ones we really think you should monitor in the upcoming few years.
Top Machine Learning Startups to Watch
Devin: AI-Powered Development Platform
The Devin machine learning artificial intelligence platform was created recently to act as a developer that is fully functioned by AI. We personally tried to use tools like GPT for development, and it’s so cool when they just automatically write code. Now imagine if a tool is doing that 24/7 without your specific instructions moment after the other. It does give terminator vibes, but regardless of these myths, the fact that this company could create apps or could create code in real time without the intervention of a lot of engineers makes it something that we have to monitor in the upcoming few years.
Claude
Then there is Anthropic’s Claude. This company has been funded by the likes of Bezos and Google for a simple reason. Their tool is as good, if not better than ChatGPT. So we highly advise you to keep using the tool and checking out their new products as they are getting impressive model after the other.
Runway
Runway, Google and OpenAI have already started tapping into the video industry or the AI video industry, but Runway has been doing this for quite a while and they raised a big sum of money. Video is an important part of the market, whichever market you’re operating in, so checking platforms like Runway for their updates and how they could help you with video production is kind of a no-brainer as it would be a perfect tool for your marketing department. We all know what a hassle it is when you’re trying to work out a video for a few months. Runway could simply create one in a few hours or realistically a few days and have a quality that is almost as good as what video production companies would do.
Midjourney – Image Machine Learning Startup
Then there’s Midjourney. Midjourney is kind of a private startup in what they’re working on. They are building sort of a community and they know that they’re growing and growing, yet not raising outside investments. Currently, they have the best tool for image generation, hands down, with no available APIs for other people to sell it out or to spread it out there. So if you’re interested in image generation, which you should be because all companies need images for one thing or another, say logos or graphs for presentations and so on and so forth, then this is the perfect startup to monitor.
Honorable Mentions: GPT, Google, and Microsoft Copilot
So these are a few machine learning startups that we advise you to monitor in the upcoming few years as we know they’re going to grow because they have valid use cases. Of course, we didn’t mention the quite straightforward ones like GPT, Google, and Microsoft’s AI products. It goes without saying that these also should be monitored, but in terms of machine learning startups, these are the ones we think you should really keep your eyes on.