It is interesting to note that in the first half of 2024 alone, a staggering USD 35.5 Billion have been invested Globally in AI startups.


It is not surprising to see that 28 US AI startups alone have raised $100M or more in funding this year alone.

These startups are attracting VCs and their funds due to their groundbreaking work in their fields. Data analysis shows that the top three focus areas for these leading startups are:
1️⃣ AI Data and Computing
2️⃣ AI Drug Discovery and Healthcare
3️⃣ AI Robotics

📍 Here are the top 5:
1. xAI – $6B – AI Platform – Accelerates human scientific discovery
2. AlphaSense – $650M – Market Intelligence – Provides AI-powered search engine for market insights
3. Figure – $675M – AI Robotics – Builds robots that can perform tasks
4. CoreWeave – $1.1B – GPU Infrastructure – Provides infrastructure for training AI models
5. Scale AI – $1B – AI Data Labeling – Provides data-labeling services for training AI models

📍 And here are the rest of the 23 startups
1. Skild AI – $300M – AI Robotics – Powers robots
2. Cyera – $300M – AI Data Security – Provides AI-powered data security solutions
3. Xaira Therapeutics – $1B – AI Drug Discovery – Accelerates drug discovery
4. Bright Machines – $106M – Smart Robotics – Develops smart robotics and AI-driven software
5. Hebbia – $130M – AI Search Engine – Searches large documents using generative AI
6. Glean – $203M – Enterprise Search – Provides enterprise search solutions
7. Augment – $227M – AI Coding Assistance – Provides AI-powered coding assistance
8. Magic – $117M – AI Coding Platform – Provides AI-powered coding solutions
9. Recogni – $102M – AI Interface Solutions – Develops AI interface solutions
10. Together AI – $106M – Generative AI – Develops generative AI solutions
11. EvolutionaryScale – $142M – Biological AI Models – Develops biological AI models for therapeutic design
12. Celestial AI – $175M – Optical Interconnect Technology – Develops optical interconnect technology
13. Suno – $125M – AI Music Creation – Creates music using AI
14. FundGuard – $100M – AI Investment Accounting – Provides AI-powered investment accounting solutions
15. AKASA – $120M – Healthcare Revenue Cycle Automation – Automates healthcare revenue cycle
16. Abridge – $150M – Medical Conversation AI – Transcribes medical conversations
17. Lambda – $320M – Deep Learning Infrastructure – Provides deep learning infrastructure solutions
18. Blaize – $106M – AI Computing Platform – Develops AI computing solutions
19. Zephyr AI – $111M – AI Drug Discovery – Develops AI solutions for drug discovery
20. Kore.ai – $150M – Conversational AI – Develops conversational AI for enterprises
21. Cognition – $175M – Applied AI Lab – Develops AI solutions
22. Weka – $140M – AI-Native Data Platform – Provides AI-native data platform solutions
23. Etched.com – $120M – AI Chip Development – Develops chips that can run AI models