Top 10 most innovative AI startups of 2020 by Fast Company

Original article can be found here (source): Artificial Intelligence on Medium

Top 10 most innovative AI startups of 2020 by Fast Company

Fast Company has recently published a list of top 10 most innovative AI startups. You can find the whole description here. Below let’s review the list.

Top 10 most innovative companies in 2020 by Fast Company

1. GRAPHCORE

Mention: For enabling the next generation of AI applications with its Intelligent Processing Unit AI chip

“Graphcore is a hardware systems company developing IPU-Accelerator™ cards and IPU-Appliance™ products that will accelerate machine learning applications.

It has created a new processor, the Intelligence Processing Unit (IPU), specifically designed for artificial intelligence. The IPU’s unique architecture means developers can run current machine learning models orders of magnitude faster. More importantly, it lets AI researchers undertake entirely new types of work, not possible using current technologies, to drive the next great breakthroughs in general machine intelligence.”

2. PERSADO

Mention: For tutoring clients like Chase to fluency in marketing-speak

“Persado is the Marketing Language Cloud; AI generated language that resonates the most with any audience, segment or individual. Imagine having a data scientist and a copywriter for each person in your audience; you get the language that performs and the analytics explaining why, resulting in more business and unseen insights. Comprised of the world’s largest database, with over a million words and phrases tagged and scored for consumer marketing, Persado’s Marketing Language Cloud enables brands to increase acquisition and retention while building long term consumer relationships.”

3. LIVEPERSON

Mention: For becoming a maven in discerning customer intent via messaging apps

“LivePerson makes life easier by transforming how people communicate with brands. Our 18,000 customers, including leading brands like Citibank, HSBC, Orange, and The Home Depot, use our conversational commerce solutions to orchestrate humans and AI, at scale, and create a convenient, deeply personal relationship — a conversational relationship — with their millions of consumers.”

4. VIZ.AI

Mention: For catalyzing care after a patient’s stroke

“Viz helps physicians to identify anomalies in brain scans through machine learning. The company leverages advanced deep learning to communicate time-sensitive information about stroke patients straight to a specialist who can intervene and treat. It uses deep learning algorithms to identify a suspected large vessel occlusion, a particularly disabling type of stroke, in a CT scan and alerts the stroke team specialist within minutes.

Viz has developed deep learning algorithms to analyze brain scans for large vessel occlusions (LVOs), a disabling type of stroke. The company also allows the stroke center’s clinicians to rapidly share images back and forth. Viz’s mission is to fundamentally improve how healthcare is delivered in the world, through intelligent software that promises to reduce time to treatment and improve access to care.”

5. NVIDIA

Mention: For transforming sketches into finished images with its GauGAN technology

“NVIDIA manufactures integrated circuits for use in motherboard chip-sets, graphic processing units, and game consoles.”

6. HIVE

Mention: For bringing savvy to measuring the value of TV advertising and sponsorship

“Hive’s AI brings digital-like precision to linear TV. Its algorithms ingest video and identify its subject matter, allowing marketers to associate their ads with relevant content.”

7. SYNTIANT

Mention: For moving processing power to the smallest devices, with its low-power chips that handle voice interactions

Syntiant is a new breed of semiconductor company. Combining the best of deep learning and semiconductor design, SYNTIANT fundamentally advances machine learning capacities in edge devices.

Syntiant breaks the chains of digital data path architectures with massively parallel neural networks ideally suited for high computational workloads required for real time applications.

Syntiant’s solutions are ideal for demanding always-on voice, sensor and image tasks.”

8. WINT

Mention: For plugging leaks that waste water

WINT detects and stops leaks at the source using Artificial Intelligence. It alerts you when water is leaking and automatically shuts it off. Intelligent real-time monitoring identifies sources of leaks and waste, reducing your water consumption and preventing damage.”

9. INTERACTIONS

Mention: For serving restaurants an intelligent order taker across app, phone, and drive-through

“Interactions Intelligent Virtual Assistant enables effortless conversations through voice or text. So you can offer more choices, more self-service, and brand consistency across channels to achieve customer care excellence.”

10. KASISTO

Mention: For giving birth to Kai (born from the same Stanford research as Siri), who has become a finance whiz

“Kasisto enables financial institutions to service, engage and acquire customers via human-like, intelligent conversations — anytime, anywhere. Kasisto’s Digital Experience platform, KAI, powers omnichannel virtual assistants and chatbots who are fluent in banking across mobile apps, websites, messaging platforms, and voice-enabled devices.

KAI is the Digital Experience platform for the finance industry. Kasisto’s customers include J.P. Morgan, Mastercard, TD Bank, Standard Chartered, DBS Bank, and Manulife Bank among others. They chose KAI Banking for its proven track record to drive business results while improving customer experiences. The platform is engaging with millions of consumers around the world, across multiple channels, in different languages, and is optimized for performance, scalability, security, and compliance.”