10 American Companies Accelerating The AI & ML Industries

James Dargan

New Epoch

With the acceleration of AI a given during the Covid-19 pandemic with the growth of remote working etc, companies are now clambering on board to take advantage of a shift in thinking in online shopping, call centre engagement, drug discovery, and ordering food.

Those companies and startups already AI/ML-enabled are in a good position to create a new epoch where AI and ML make human decisions more efficient, going against the popular notion that the technology is out to make people and their intelligence redundant.

In a first of a series here, the Deeptech Insider will list ten US companies that are changing the AI/ML landscape with their innovative technology, designed to empower humanity, not — as many would believe — to eliminate us from the equation.

1.CognitiveScale

Founded by Matt Sanchez in 2013, CognitiveScale is an Austin-based software and Cloud focused enterprise that designs augmented intelligence for the financial, healthcare, insurance, and digital industries to assist customer acquisition and engagement via its “CognitiveScale Cortex family of Trusted AI” software. Backed by more than 160 patents, Cortex is used by a client base that includes JP Morgan and Exxon, to name just a few.

2.Osaro

Osaro develops ML to enable advanced vision capabilities. A San Francisco-based company, it was founded in 2015 by Derik Pridmore, Itamar Arel and Michael Kahane. Combining advanced ML for visual perception and powerful control software for object manipulation, Osaro guarantees a broad range of applicability and high performance for robotics automation processes.

3.Tempus

Tempus is a biotech and big data company that utilizes AI to collect and analyze huge medical and clinical datasets. Founded in Chicago in 2015 by Eric Lefkofsky, Tempus is now researching how manipulating AI can produce discoveries in cancer research, a noble quest.

4.Narrative Science

Engaged in natural language generation (NLG), Narrative Science is a big data software player set up in Chicago in 2010. Co-founders Kris Hammond, Stuart Frankel and Larry Birnbaum began Narrative Science to “empower everyone to understand and use data through the power of stories”. Lexio, the company’s data storytelling product, filters only the most relevant information, allowing businesses to make important decisions with the data or analytics they have at hand.

5.Neurala

Founded in Boston in 2006 but coming out of stealth mode in 2013, Neurala is an ML software company that is “leveraging its proprietary AI platform to empower companies to automate visual inspections.” Its Lifelong-Deep Neural Network™ technology, with a promise of being “the only AI that gets smarter after every use”, imitates the way biological brains interpret the environment and continuously learns from it. And it must be doing something, as a customer base that includes NASA and Defense Advanced Research Projects Agency (DARPA) can’t be wrong.

Heather Ames, Massimiliano “Max” Versace and Anatoly Gorshechnikov are Neurala’s co-founders.

6.Freenome

Freenome, a biotech company, wants to “empower everyone with the tools they need to detect, treat, and ultimately prevent cancer” by utilizing AI to conduct cancer screenings and diagnostic tests. Located in San Francisco, Freenome was founded in 2014 by Charles Roberts, Gabriel Otte, Michael Otte, and Riley Ennis.

7.Persado

An adtech and software company located in New York City, Persado’s AI platform assists data-driven executives to target advertising for specific audiences. Co-founders Alex Vratskides and Assaf Baciu started Persado in 2012 to reinvent how commercial enterprises communicate and engage with their customer base by “applying mathematical certainty to words”. The company’s AI for marketing, personalization, customer experience, service, sales, etc. can be used for such applications as email, mobile and SMS.

8.X.AI

Like Persado, x.ai is located in the Big Apple. An ML company, x.ai allows users to share a link to time options or tell x.ai to send them directly to their guests via autonomous personal assistants. Powered by cutting-edge technology, it can integrate with programs such as Office 365 and Slack. With the software — which is always learning — you can also schedule or update meetings.

The company was founded in 2014 by Alex Poon, Dennis Mortensen, Marcos Jimenez Belenguer, and Matt Casey.

9.Figure Eight/Appen

A human-in-the-loop ML and AI company based in San Francisco, Figure Eight (acquired by Appen for $300M in 2019) was founded in 2017 by Lukas Biewald and Chris Van Pelt. With customers that include Microsoft, Amazon, Oracle, eBay SAP, and Adobe, the company’s AI training software to ML and data science cohorts is one of the best out there. 

Appen’s intention — with the assistance of Figure Eight’s IP — is to launch world-class AI training data, giving leaders in technology, automotive, financial services, retail, healthcare, and governments the confidence to deploy world-class AI products.

10.Nauto

Nauto’s AI-powered Driver and Fleet Safety Platform can “predict, prevent and end distracted driving.” Based in Palo Alto, Nauto was founded by Stefan Heck in 2015.

The company’s state-of-the-art AI technology has been designed to boost the safety of commercial and autonomous fleets by evaluating how drivers interact with the vehicle and environment in order to prevent road accidents and driver distraction.

Have we missed any out or got something wrong? If so, don’t hesitate to contact us at hello@thequantumdaily.com.

The Quantum Daily (TQD) & The Quantum Insider (TQI)

Interested in Quantum tech? Then why not visit the Deeptech Insider’s sister site, The Quantum Daily (TQD) for your dose of what’s happening in the world of quantum computing (QC) and quantum information science (QIS). 

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TQI is an invaluable resource for journalists, researchers, investors, companies, and government agencies looking to extend their knowledge of the growing quantum tech ecosystem!

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