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MIT RESEARCH: 10 startups harnessing the power of AI

MIT RESEARCH: Here’s a closer look at how 10 startups use artificial intelligence to accelerate digital transformation across a variety of industries.

MIT EXPLAINS:

Why It Matters – The 2023 MIT Digital Technology and Strategy Conference featured startups that help companies anticipate disruptive technologies, boost customer service metrics, and improve last-mile deliveries.

Small startups are proving their ability to address some of the world’s most significant challenges by effectively utilizing emerging technologies.

At the recent 2023 MIT Digital Technology and Strategy Conference, ten innovative startups showcased their cutting-edge approaches to harnessing the power of artificial intelligence (AI) to drive digital transformation across diverse industries.

Here is the list

1 – Cleanlab

Cleanlab’s  – AI algorithms find and fix errors in datasets, with the goal of turning unreliable data into reliable models and insights.

2 – CoCoPIE

Software maker CoCoPIE’s core technology — compression-compilation co-design — aims to streamline AI deployment and execution on various platforms, including mobile and internet-of-things devices, and in data centers.

3 – Covariance

Covariance is developing a machine learning model that combines all available data (e.g., first-party, third-party, and public) into a profile that businesses can use to learn about their competitors.

4 – Einblick

Einblick’s data notebook uses generative AI to help users write and fix code, build charts and models, and streamline user collaboration.

5 – Hopara

Hopara is a data visualization company that is developing a faster, more affordable way to create digital twins, or models of physical systems.

6 – MontBlancAI

MontBlancAI’s anomaly-detection algorithms help manufacturing companies track their factory production levels, monitor machine deterioration, and set predictive maintenance thresholds.

7 – serviceMob

ServiceMob is a customer service and support analytics platform that uses AI to provide companies with a view of their customer service operations and offer actionable insights for improvement.

8 – TechNext

TechNext uses search algorithms and machine learning to identify, predict, and assess the investment opportunities of emerging technology for sectors such as aerospace, automotive, energy, and venture capital.

9 – Wise Systems

Wise Systems is developing a suite of products that use machine learning to improve last-mile routing and deliveries for drivers, customers, and companies.

10 – Zapata

Zapata specializes in industrial generative AI, a category of enterprise software that harnesses both language and numerical models to solve industrial-scale problems.

Stay tuned as these pioneering startups continue to break new ground and lead the way in digital transformation across various sectors.

SOURCE – MIT

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