| |December 20195VOL 2 · ISSUE 11-2 · DECEMBER - 2019AI is booming. Startups are venturing into AI based solutions. All this is happening at an exponential level. Well, all such statements have become more like an understatement. We all know it, we have discussed the same and read a library full of articles. It's time to dig further into what `s with all the craze. Let's answer a primitive question? Why do entrepreneurs young & experienced alike, still fancy Artificial Intelligence as their launch pad. Startups focusing on niche areas in AI are feeling lucky as they have earned the confidence of investors. Besides ventures with strong AI capabilities are shining with deals and customers beyond early pilots. Big tech firms have kept a close eye for such startups, as announced in the Union budget, by the government. Tech behemoth Google acquired Halli Labs, then a four-month-old startup, in July 2017. In India, Swiggy is hardly the first techstar to bite the AI apple. Previously, Google, Walmart Labs, Flipkart, Paytm, Oyo and several other global and homegrown players have all invested in and acquired companies to boost their presence in AI. For much of the past few years, startups and large companies have been running relatively small experiments with AI. Now the momentum in the space is accelerating, as evidenced by a flurry of deals as well as by in-house budgets at unicorns being diverted. There are more proofs of to why startups took a liking in the AI domain; the current wave of AI startups was really started only sometime after 2012 (when deep learning demonstrated its power at the annual ImageNET competition). This edition we bring out the very best of the AI first startups who have grown 10 fold and for all the right reasons. Bottstrapped or not, these startups are talking serious AI backed processes and business bottlenecks. This list of the top 10 most recommended startups can turn your business complexities into true revenue models.Do let us know what you think. Emmanuel Christi DasEditoremmanuel@cioinsiderindia.comAI- First Startups Office Editorial queries editor@cioinsiderindia.comAdvertising Queriessales@cioinsiderindia.comBangaloreTel 080 46441103 To subscribeVisit www.cioinsiderindia.com/magazine-in or send email to: subscription@cioinsiderindia.comCover price is Rs 150 per issueAshok KumarSales & MarketingAvani RaghuvanshiGroup Art DirectorMagendran PerumalCirculation ManagerEditorial TeamChitra MishraShiwani PrakashSaroop KPAnitha TLakshmi GCIOInsiderNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017S.SivasankarMohana KrishnanVisualizer PublisherEditorAlok ChaturvediEmmanuel Christi DasPrinted and published by Alok Chaturvedi on Behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2019 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Editorial
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