Introduction To AI
AI is the new electricity.” — Andrew Ng
When Andrew Ng speaks, you drop everything and pay attention. That’s what I (and thousands of others) did when Andrew Ng compared our age of AI to the discovery of electricity.
We are truly living in the age of artificial intelligence. Companies are spending billions of Dollars just to stay relevant in today’s ever-changing environment. If you’re not AI-compatible, the consensus is that you will soon be an also-ran in the industry.
This article highlights the top Indian AI startups, the top initiators, that are using AI to build a better future for us.
Chatbots are ubiquitous these days. From businesses to the research lab, they have become an integral part of an organization’s strategy. Learning how to create a chatbot from scratch is a much-vaunted skill in data science.
Avaamo is another conversational startup that is currently serving six industries: Insurance, Financial Services, Healthcare, Telecommunications, Retail. Founded in 2014, Avaamo has created a name for itself in around 40 countries now. Pretty impressive!
Engineer.ai, an artificial intelligence-based platform that allows people to build software without knowing how to code, has said it will double its India headcount over the next three months.
Another logistics startup in the list is Locus. Started back in 2015, the company provides facilities like route planning and optimizing, real-time fleet tracking, insights and analytics, and automated shipment sorting and rider allocation.
AI in finance just intuitively makes sense. Finance is all about number crunching (well, almost!) and machines are well equipped at this point to work with numbers. It is a perfect match. So it’s no surprise that the FinTech sector has seen a massive surge in AI applications.