In the US alone, the artificial intelligence (AI) market is expected to reach $66 billion in 2025. (Statista)
And it’s no surprise that it’s expected to keep growing. In fact, a 2023 McKinsey report found that 55% of companies now use AI in at least one part of their business.
But the truth is, AI hasn’t just helped in the world of business. AI has touched almost every element of our lives, from healthcare to finances, research and study.
Here, we take a look at some of the most innovative AI companies operating in the US. From networking to healthcare, these companies are certainly set to make a global impact.
Let’s take a look:
1. OpenAI
Founded in: 2015
Founded by: Sam Altman, Elon Musk, Ilya Sutskever, Greg Brockman, Trevor Blackwell, Vicki Cheung, Andrej Karpathy, Durk Kingma, John Schulman, Pamela Vagata, and Wojciech Zaremba, with Sam Altman and Elon Musk as the co-chairs.
Probably one of the most famous AI companies in the world, OpenAI is famous for creating generative AI models like ChatGPT, Dall-E and Codex.
The company’s founder Sam Altman has become a leading voice in the Global AI race, and has become a close ally of recently elected US President Donald Trump.
2. NVIDIA
Founded in: 1993
Founded by: Jensen Huang (president and CEO), Chris Malachowsky, and Curtis Priem.
Another huge name in the global AI space, NVIDIA creates the chips and processing units that power AI.
With so many businesses rushing to create their own models, NVIDIA’s tech has become highly in demand, with the company’s stock even becoming the top performer in the S&P500 in 2024.
3. Boardy
Founded by: Andrew D’Souza, Matt Stein, Shen Sivananthan, Ankur Boyed and Abhinav Boyed
Having recently raised $8m in their latest funding round, Boardy is an AI-powered networking agent.
It works by getting to know a person through a chat, and then connecting them with other people it thinks they should know. It’s a way of giving everyone access to valuable connections across the VC and founder world, making it a great tool for network growth.
4. Waymo
Founded in: 2009
Founded by: Sebastian Thrun
Waymo, previously part of Alphabet Google, has made huge strides in using AI to create self-driving cars.
Waymo’s cars are completely driverless, and have made headlines after launching as a taxi service in US cities like San Fran, LA and Phoenix.
On a mission to become the ‘safest driver on the roads’, Waymo is setting out to make driverless cars more mainstream.
5. NURO
Founded in: 2016
Founded by: Jiajun Zhu, Dave Ferguson
Another mobility AI company, NURO has created the technology to make vehicles autonomous. Their system, called the Nuro Driver™ platform aims to make driving safer for everyone.
Not just for cars, but vans and lorries too, the technology is setting out to change the future of autonomous driving.
6. Anthropic
Founded in: 2021
Founded by: Dario Amodei, Daniela Amodei
Founded in 2021, Anthropic is a company that is setting out to create safe and reliable AI models for public use.
Launched as a competitor to OpenAI’s ChatGPT and Google’s Gemini, its language learning model Claude is in production as a way to create effective AI that won’t have a dangerous impact on society. With over $580 million of funding to date, it’s certainly one to watch.
7. Frame AI
Founded in: 2016
Founded by: George Davis , Robbie Mitchell , Jesse St. Charles and Brandon Reiss
Frame AI is a customer insights company, that is able to analyse huge streams of customer data to help businesses make more informed decisions and increase efficiency.
Recently acquired by HubSpot, Frame is becoming a huge player in the customer insights space, helping businesses make decisions that will have a real impact.
8. PlayHT
Founded in: 2021
Founded by: Mahmoud felfel and Hammad Syed
PlayHT is an AI voice generator that gives people over 600 voices to choose from.
By selecting a voice, users are able to create text to speech voiceovers, which can be used for everything from content creation to guided videos and more.
9. Cohere
Founded in: 2019
Founded by: Aidan Gomez, Ivan Zhang, and Nick Frosst
Another competitor to ChatGPT, cohere is a generative AI tech platform that allows businesses to use chatbots and build other technologies to boost their businesses.
By training the AI on internal data, as well as external sources, it can learn to provide custom responses for the business.
Though the company was founded in Canada, it has offices in the US including in tech hotspot San Francisco.
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10. Moveworks
Founded in: 2016
Founded by: Bhavin Shah, Varun Singh, Jiang Chen and Vaibhav Nivargi.
Moveworks is an AI agent that is able to integrate into a company’s system and speed up operations for workers.
By being able to read and understand different inputs, the AI is able to work alongside company employees, boosting their productivity.
Think of it like a personal assistant for everyone in the company.
11. Spot AI
Founded in: 2018
Founded by: Tanuj Thapliyal, Rish Gupta and Sud Bhatija
Spot AI is a surveillance technology company, helping to analyse video data from cameras.
Almost like a remote security agent, the app works by monitoring and alerting companies of any unusual or suspicious activity. Not only does this reduce the cost of human surveillance, it can quickly react to incidents, helping to prevent them getting worse.
12. Insitro
Founded in: 2018
Founded by: Daphne Koller
Onto healthcare innovations, Insitro is a drug discovery company that uses AI and machine learning to unlock new medicines.
With insights around biological processes baked into the programme, the company is able to drive forward the development of new medicines for specific diseases, helping power the future of healthcare.
13. Databricks
Founded in: 2013
Founded by: Ali Ghodsi, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin, Andy Konwinski and Arsalan Tavakoli-Shiraji.
Databricks is a generative AI company that allows businesses to create AI applications without sacrificing data privacy.
The company allows businesses to safely input their data and discover new insights, helping to fuel business growth and drive down costs without compromising on security.
14. AssemblyAI
Founded in: 2017
Founded by: Dylan Fox
AssemblyAI is a speech-to-text AI platform that can transcribe meetings, calls and conversations and generate insights around them.
Gone are the days of writing notes on calls, AssemblyAI does it all for you. And with 100 hours or free audio transcription, it’s a no brainer for businesses.
15. HighSpot
Founded in: 2012
Founded by: David Wortendyke, Oliver Sharp, Robert Wahbe, Scot Gellock
HighSpot is an AI-driven sales platform that allows sales team to manage content, coach sales reps and analyse success metrics.
The platform provides coaching, AI-assisted automation and insights to help sales teams achieve maximum success. And with AI-generated answers, it helps teams spend more time doing what they do best: selling.
16. eightfold.ai
Founded in: 2016
Founded by: Ashutosh Garg and Varun Kacholia
Almost like a hiring manager in your pocket, eightfold.ai helps teams hire and develop the best talent.
By using data, the company is able to match employees with the right jobs, offer development opportunities and connect them with people to help upskill. This not only benefits work, but retention too.
Covering everything from acquisition to management and insights, eightfold is setting out to change the world of recruiting.
17. Codeium
Founded in: 2021
Founded by: Douglas Chen and Varun Mohan
Codeium provides a coding toolkit for people to more easily build and improve their own code.
With a code completion tool in over 70 languages, it’s a great way to create and improve computing code. Described as a ‘modern coding superpower’ it helps turn anyone into a code-building expert.
18. Moescape
Founded in: 2022
Founded by: Thia Min
Moscape (Previously YoDayo) is a platform that helps anime fans create AI-generated art. With a variety of styles, it allows users to create amazing anime art from anywhere.
The platform also comes with a chat function allowing people to talk to their favourite AI companions. Perfect for anime lovers, it helps bring their imagination to life.
19. Grammarly
Founded in: 2009
Founded by: Max Lytvyn, Alex Shevchenko, and Dmytro Lider
A household name, Grammarly is your partner in all things grammar! The platform provides real-time writing suggestions to show errors, check grammar and improve writing flow.
Perfect for anyone writing emails, content or social media, Grammarly has used AI to take the world of copywriting by storm.
20. Quiller
Founded in: 2023
Founded by: Mike Nellis
Described as a content co-pilot, Quiller helps companies develop high-quality AI written content.
Whether it’s long-form content, emails or just ideas, it does the heavy work for you, writing and learning as you train it.
