Top 10 Generative AI Startups

Startup. I am excited whenever I hear this word. Do you know why? The startup is where true innovation and collaboration happen. I am even more excited when those Startups are from the AI space. The fact that you are reading this implies you are interested in AI startups.

Is AI a hype? Something that needs deep thinking. If you ask me this question, I would say it depends on where AI is applied. It also depends on the human ability to use AI, only with human thought and wisdom, and not depend on AI blindly.

In this article, I will be discussing Generative AI Startups. Generative AI is a machine learning model that has been trained to generate useful content. The generated content can be text, image, audio, or video.

Are you looking for inspiration from Generative AI Startups? Are you fascinated to know where Generative AI is applied? This article can help. I have selected 10 Generative AI startups belonging to different areas of applications. Applications in content generation, healthcare, search, and even patent generation. I have included the website screenshot of each Startup. This can help you get the pulse of the startup.

First let's dive on to discuss OpenAI, one of the most successful Generative AI companies. Read on.

OpenAI

OpenAI was co-founded by Sam Altman, who previously worked for the startup incubator organization YCombinator. Initially, started as a non-profit organization, this company soon transformed to be a profit-oriented organization.

OpenAI is a well-known and widely adopted Generative AI Startup. Initially, it was supported by investors from all over the world, from Infosys, Khosla Ventures, and Elon Musk, the brain behind Tesla. Elon Musk soon stopped supporting OpenAI, after a possible future conflict of interest with his company Tesla, an AI-based self-driving cars company.

OpenAI released a suite of improvements over the years like GPT1, GPT2, GPT3 & 3.5 and also GPT4. GPT stands for Generative Pre-trained Transformer. With the introduction of ChatGPT with its wonderfully crafted User Experience, it soon gained wide popularity within days of launching. GPT4 is capable of generating codes in major programming languages.

Next let’s discuss about HuggingFace, the ChatBot turned OpenSource AI community.

HuggingFace

HuggingFace was founded in the year 2016. It is a French-American Company founded by French entrepreneurs Clément Delangue, Julien Chaumond, and Thomas Wolf in New York City. Originally launched as a ChatBot for teenagers, it soon pivoted to be a platform for machine learning. HuggingFace is an open-source community aimed at supporting the development of machine learning, AI, and natural language processing.

It is a community where data scientists, AI enthusiasts, and ML researchers can collaborate. It is a GitHub-like platform aimed specifically at AI applications. Users can create, build, and train machine learning models with this platform. Users can share models, datasets, and spaces with this community.

It has libraries aiding the development of machine learning applications. One of its libraries is named Transformers. You can try Transformers if you are an AI techy. All of its products can be deployed on Amazon Web Services. Its funding was led by many top companies like SalesForce, Amazon, Google, IBM, and Qualcomm.

Now moving on to discuss LightningAI.

LightningAI

LightningAI was founded by William Falcon, the creator of Pytorch Lightning. Pytorch Lightning is an open-source Python Library that provides a high-level interface for Pytorch, a popular deep-learning framework. It is a lightweight and high-performance framework making deep learning experiments easier to read and reproduce.

Currently, LightningAI is available asking general prospective users to join the waitlist. You can join the early access waitlist from their website. This is a platform to train, build and deploy AI with PyTorch, Lightning fast.

William Falcon launched Lightning AI to shape the development of artificial intelligence products for commercial and academic use. Currently, this AI platform is not open to independent developers, but he said it will become generally available “in a few months.” This platform can pave the way to create many generative AI applications, like generating images from text.

How about Synthesia next?

Synthesia

Are you working in an organization? Are you referring to hundreds of documents and writing exhaustive documents in text every day? Are you exhausted with hours of research only to know that the text you write has not reached the right people in the right manner? This is where Synthesia comes in. It helps you convert text into a presentable video with an AI avatar reading your text to the viewer.

This Generative AI startup already has a few well-known clients like Xerox and Nestle. This can help generate training videos, communication videos, introduction videos, new reading videos, and whatnot. The list and possibilities are endless. You can even generate a video for free and watch for yourself how it works. This AI startup is making a loud sound in the startup arena.

One more video generation startup, RephraseAI, is just like Synthesia.

RephraseAI

Ashray Malhotra is the Founder and CEO of the Generative AI Startup Rephrase.ai. Rephrase.ai has 7 institutional investors including Techstars, Red Ventures, and Lightspeed India. Its headquarters is located in San Francisco.

RephraseAI is a Generative AI platform that allows you to convert plain text into professional-quality videos within minutes. This text-to-video generation platform eliminates the complexity of video production, enabling you to create professional-looking videos with a digital avatar in a jiffy.

It has some well-known clients listed on its website including Price Water House, Raymond, Nivea, DBS, Microsoft, and more. RephraseAI has the ability to create hyper-personalized videos at scale, for businesses across the world.

Following is an Audio generation startup PodcastAI, backed by PlayHT.

PodcastAI

PodcastAI is a weekly podcast that explores many topics in depth and is completely created by Generative Artificial Intelligence. Although financially it is not a very promising startup, they have definitely tried something new and their mission is bigger which is speech synthesis for the world.

For example, their website has an AI-generated podcast on interviewing Steve Jobs. This Steve Jobs episode was based on his biography and all recordings of him they could find online so the AI could accurately bring him back to life.

Their mission is the ability to clone any expressive and emotional voice with perfect resemblance. The voices are rendered using PlayHT’s Ultra Realistic voices. PlayHT can generate AI voices in 100+ languages. PlatHT has some popular clients like Thomson Reuters, SalesForce, and Hyundai.

Next on list is PaigeAI, that brings power of Generative AI to cancer diagnostics through image generation.

PaigeAI

AI is doing very well in the healthcare domain. Cancer is a deadly disease and requires detection at a very early stage for required treatment. The Generative AI startup PaigeAI leverages the power of generative AI in Pathology and aids in the detection and treatment of cancer in patients.

Paige was founded by Thomas Fuchs and his colleagues. Presently Ande Moye serves as the CEO of this company. Generative AI helps in the generation of images. The generated images are then compared with a library of images to detect the type of cancer and treatment types.

Many companies are using the power of AI to drive healthcare. CleerlyHealth is one such company specializing in the treatment of cardiac diseases. And PaigeAI specializes in cancer diagnostics. The images generated enable precision diagnosis and improve patient outcomes.

The next Generative AI startup on the list is Andi.

Andi

Andi Search positions itself as the next-generation search using Generative AI. Andi Search’s earlier prototype was called LazyWeb. It was renamed to Andi Search after its bot named Andi. One good thing about this search engine is its AI driven and at the same time, it is Adfree.

This Startup product makes sure that the data you enter is not breached and it is totally privacy-focused. This Generative AI search engine gives the assurance that your data is neither stored nor looked upon. They only collect data that helps you to search more effectively or that helps to remember you between devices.

Andi Search was founded by Anglea and Jed, with some of their friends. This company is backed by far-sighted investors and advisors. It is also backed by YCombinator, one of the world’s most successful startup incubators. Finally, Andi is a new kind of search engine with the power of Generative AI.

Next on the list is similar to Andi Search.

You

Richard Socher is the Co-Founder and CEO of You, the chat-first Search Engine that puts you in control of your data. Richard Socher was the former chief scientist at SalesForce. The other co-founder is Bryan McCann. Bryan is a former research scientist in NLP at Sales Force.

This search engine was launched in 2021. It contains a chatbot called YouChat. It has a writing tool named YouWrite. I also have an image-generation tool called YouImagine. YouCode is similar to programming resources like Stack Overflow. YoudotCom surpassed 1 Million active users in 2021.

You.com states in its privacy policy that when its users enter Private mode, search history, and location queries are disabled, cookies are ignored, and external calls go through its proxy. It collects data for marketing purpose and analytics purposes. It is not the best of search engines as far as privacy is concerned.

Generating patent applications using Generative-AI? Yes, that’s on list next.

PatentPal

PatentPal is a Generative AI startup whose product generates Patent applications. PatentPal was founded in Silicon Valley by Harvard alumni Jack Zu. Jack Zu is cross-skilled in patent law and machine learning. This Startup is backed by Foothill Ventures.

Being a Patent Layer, JackZu was also interested in cutting-edge technologies like Machine Learning early on in his career, which led to the creation of the PatentPal startup. PatentPal won first place among 190 Harvard-affiliated startups from the Harvard China Forum.

Thus Patent Pal is building language technology that can empower lawyers. PatentPal can generate patent drafting by generating diagrams and descriptions from patent claims. It thus automates Patent generation for lawyers and helps them save time, which they can use to maximize value for clients.

Wrapping up now.

That’s all Folks

Thanks for reading through folks. I learned a lot about Generative AI startups while writing this blog. I hope you have learned something by reading this blog. I also hope the writing was entertaining and informative. To know about other Generative AI Startups, try reading other articles from the web. That can give you holistic information.

If you used any of the products from the startups, do write to me. I will be happy to hear from you. Write to [email protected]. If you feel any important Generative AI startups are missing from the list, do let me know.

That’s all Folks for now.