The Information released the 2024 “Global 50 Most Promising Start-up Companies List”. AI has become a popular track, with 17 companies related to AI applications. The list reflects two trends: AI application layer companies are blooming everywhere, cutting into smaller and more specific scenarios. Head companies in some fields have obtained large amounts of financing. Embodied intelligence and AI programming are the two hottest sub-sectors and are expected to continue into next year.
**I. Unveiling the 17 AI Potential Companies**
1. Cursor: A modern development tool integrating code editing, debugging, and auto-completion. It has built-in GPT3.5 and 4.0 Clauders and can quickly generate a complete engineering code library. It adopts a tiered pricing strategy. Recently, its valuation soared in Series B financing.
2. Suno: An AI music platform that can generate songs of different music styles according to specified lyrics and adopts a subscription system. This year, it has continuously updated its gameplay. For example, it allows users to upload photos and videos to generate music.
3. Clay: A sales lead company that integrates more than 75 data providers and uses large models to search for potential customer leads. It has diverse charging methods. In July, it obtained Series B financing with a valuation of 500 million dollars.
4. 11xAI: An AI SDR digital employee product. Representative is Alice, which can automatically find potential customers and customize communication messages. It adopts a task and result-based pricing model. In October, it completed Series B financing.
5. Leya: An AI legal start-up company that launches tools for law firm personnel. It can answer complex legal questions and handle document review systems. Its products have been adopted by more than 70 European law firms. Charges are based on annual subscriptions.
6. Braintrust: A software development tool that helps companies build end-to-end enterprise platforms and conduct evaluation and prediction. Its clients include top teams. In December, it completed Series A financing.
7. Browserbase: A developer platform that focuses on running, managing, and monitoring headless browsers and supports large-scale data collection. It adopts an on-demand charging model and obtained financing in June and October.
8. Recurve: An AI-native data orchestration platform that solves core issues such as data orchestration. It released its flagship product in November.
9. Heart and Shadow Companion: The core product is an AI emotional companionship application. Anime characters can accompany users to play games and react according to the game screen.
10. BforeAI: A cybersecurity company that detects anomalies and prevents cyber threats by collecting data sets. It completed Series A financing at the beginning of the year.
11. Tennr: An AI healthcare company that uses AI to automate medical administrative tasks, such as accelerating the patient referral process. In October, it completed Series B financing.
12. OpusClip: An AI video editing tool that can fully automatically edit videos and is positioned as an autonomous video editing agent. It completed Series A financing in September.
13. Opal: A webcam developer. Last year, it launched its second product, Tadpole. In August this year, it obtained Series B financing led by OpenAI and plans to develop AI-driven electronic devices.
14. Udio: An AI music generator founded by former Google DeepMind researchers. It was released in April and is regarded as a competitor to Suno.
15. Cobot: Founded by Amazon’s robotics team, etc., it is committed to manufacturing collaborative robots. No products have been released yet, but it is hinted that they may be launched next year.
16. Mytra: Founded by former Tesla and other robotics experts, it develops robots suitable for warehouse automation. This year, it obtained 78 million dollars in financing.
17. Galaxy General: A Chinese embodied intelligence company that launched a wheeled dual-arm general-purpose embodied robot. It cooperates with Meituan and others. In November, it completed a 500 million yuan strategic financing.
**II. Summary**
AI application layer companies are blooming everywhere. Head companies in some fields have obtained large amounts of financing, and investors are increasing their investment in AI applications. Embodied intelligence and AI programming are the hottest sub-sectors. There are 4 and 2 companies selected in these two fields respectively on the list. The venture capital market is also getting hotter.
