Artificial Intelligence is revolutionizing the world. Numerous AI startups are promoting the advancement of technology and using it to advance society and improve people’s quality of life. Let’s explore some of the most impressive artificial intelligence-based businesses in the UK.
Today’s consumers want to support, work for, and invest in businesses that benefit both people and the environment. OneTrust is a Market-Defining Leader for Trust Intelligence and creates AI tools to assist users in managing and securing their third-party risk and privacy. Their technology platform integrates teams, data, and processes from the GRC, ethics, and ESG sectors so businesses of all sizes can work together efficiently and build trust at the heart of their operations and cultures. It aids clients in establishing more robust privacy policies so they can be trusted with client information and provide clients with more worthwhile user experiences.
Urban lifestyles are quickly evolving. It is essential to access the latest and most reliable information on urban usage and movement now more than ever. Vivacity Labs, a leader in AI technology, collects comprehensive and anonymized data on all forms of transportation, traffic patterns, and journey times in real-time to support strategic decisions for the transportation network’s optimization and urban infrastructure development. The sensors from Vivacity Labs use unique machine learning algorithms to accurately detect, categorize, and analyze various types of transportation, traffic flow, and travel habits of other road users. By offering an in-depth understanding of how roadways are used, this anonymous data contributes to improving urban infrastructure and facilitates the creation of the following generation of citywide traffic control systems.
With AI-based technology, Fermata creates the next-generation agricultural tool that offers accurate plant monitoring in greenhouses and aids in disease detection through image analysis. Its products can automate the visual monitoring process, including early disease detection, insect detection, and plant growth management. Utilizing Fermata technology minimizes crop losses and the requirement for pesticide and chemical use by a significant amount.
Graphcore designs and produces chips primarily to speed up AI and ML operations. Graphcore’s chips use Intelligence Process Unit (IPU) technology specifically designed for AI computing. The IPU’s distinctive architecture enables AI researchers to carry out new forms of work that are not feasible with existing technology, which will help fuel the field’s future advancements. Utilizing the most recent IPU hardware and architecture aids in building, training, and deploying models on the cloud. It also enables seamless scaling to massive IPU compute while saving on costs.
Filling out a loan application involves completing lengthy paperwork, dealing with paper-based applications, waiting days for a decision from the lender, standing in line at a branch, or getting caught in hold cycles on busy customer care hotlines. In the age of technology, obtaining a loan shouldn’t be a complex or drawn-out process. Lendable provides a peer-to-peer lending platform that uses data and technology to simplify and improve personal finance. The company’s software quickly approves loans through automated underwriting and artificial intelligence by connecting customers with the right investors. Lendable provides loans to people with lower credit scores to give a more equitable borrowing option.
Globally, data-intensive firms are struggling to bridge the gap between the massive amounts of data they are gathering and the millions of crucial decisions their company needs to make each year. By using AI technology to secure organizations’ data, identify illegal activity, and find new opportunities, Quantexa is bridging the gap. To develop analytical models that expose data risk, highlight opportunities, and improve decision-making, it closely collaborates with sectors that manage massive datasets, such as banking, e-commerce, and the public sector. The business assists businesses like HSBC and Standard Chartered Bank manage their records.
Digital services, such as secure and convenient KYC and AML compliance, fraud detection, and client onboarding, were urgently needed during the coronavirus pandemic because everything was moving online. Onfido provides AI solutions for fraud prevention and virtual identity verification. The automation software first utilizes artificial intelligence to determine whether official documents are legitimate before matching the validated ID with face biometrics. The Onfido Real Identity Platform assists businesses in lowering customer acquisition costs, onboarding new clients, spotting fraud, and meeting KYC, AML, and other international compliance standards.
Wayve creates software for autonomous vehicles (AV) that employs machine learning to increase their intelligence. It uses ML to modify AVs for new cities, various terrains and shifting environmental circumstances. Their driving intelligence is developed on a Fleet Learning Platform, where it acquires driving skills using vast amounts of driving data. Wayve offers a camera-first strategy for AV hardware with a cheap unit cost and can be used for any customer fleet, mobility service, or vehicle platform.
Customer convenience and satisfaction are essential for a company’s future success. AI startup Callsign has developed passive authentication, fraud protection, and intelligence technologies to facilitate smooth customer interactions. Its patented technology mimics how people recognize one another using artificial intelligence. The no-code and cloud-based nature of Callsign’s technology make it simple to integrate with the company’s current infrastructure.
mnAI is decreasing the time it takes investors, businesses, and individuals to identify and then comprehend an industry, firm, or directors and shareholders from months to minutes. Organizations may conduct thorough research, analysis, and due diligence on all UK unlisted companies using mnAI’s data platform, where billions of data points across 8 million+ UK companies. It uses various unique machine learning algorithms and AI to give customers quick access to specific company data. The platform and data of mnAI, which uses governance and societal data, provide powerful insight and analysis across various industries, including media, corporate finance, investment businesses, educational institutions, professional services, and financial services.
Although the research community produces a large amount of scientific data to enhance clinical vision, physicians still encounter clinical situations for which the guidance-based approach cannot offer the best solution. Smartomica has designed, built, and delivered a thorough methodology to customize each patient’s profile using in-depth AI-based data analytics and convert the results into the clinically functional language to make it a helpful tool for medical professionals. The platform facilitates the integration of genetic testing for tumor profiling, identification of general medical data, and appropriate clinical practice treatment.
Huma offers a remote patient monitoring platform that expedites research and treatments while advancing connected care for patients using AI. It has created a web-based platform that hospitals and medical professionals can use to store, organize, and retrieve patient records. Patients can then access this data via a mobile app. Huma has also developed wearable technology to identify digital biomarkers and evaluate health in real-time, in addition to its primary objective of managing healthcare data.
Low-code/no-code development is faster and less expensive, whereas developers are more expensive and take longer but provide more flexibility. Builder.ai was developed to combine the most significant aspects of both worlds. Builder.ai develops AI technology that dispenses with the requirement for coding expertise to enable speedy development of apps and software while providing flexibility. Technology automates many of the manual procedures necessary for creating software, reducing development time, human error, and expense. Its drag-and-drop AI development software is user-friendly, and its AI can match a user’s needs with the proper developers in accordance with the user.
Tessian is an email security startup that provides a software-as-a-service (SaaS) platform to stop human errors from causing security breaches or data loss. It employs a behavioral-based strategy to prevent sophisticated threats and safeguard against email data loss. The system uses artificial intelligence to track employees’ incoming and outgoing emails. To increase email security and create a better security culture in contemporary businesses, it intelligently eliminates advanced threats and safeguards against data loss.
Peak is a decision intelligence platform with a collection of outcome-focused capabilities that help customers create and integrate AI-powered solutions that meet corporate goals while guiding decision-making across various business areas. The cloud AI platform makes and manages commercially oriented Decision Intelligence applications that quickly produce economic value. Its pre-built applications provide results for numerous use scenarios. Brands like Nike, Pepsi, KFC, Sika, and PrettyLittleThing utilize the peak platform.
To determine data-based estimates for repair costs, Tractable develops AI software intended to analyze images of accidents and natural disasters. Utilizing machine learning and computer vision research for visual evaluation, It provides quick, accurate damage appraisal to hasten up to ten times the speed of accident recovery. The business uses AI to speed up additional visual inspection and appraisal processes. They’re on a mission to change how people live and work across whole industries, from salvaging auto parts to property evaluation.
Decision-makers struggle to comprehend external dangers and possibilities and make judgments in the dark as data volume and velocity explode. SignalAI provides an External Intelligence Platform that connects information daily from news, blogs, broadcasts, and regulatory documents to let businesses make decisions with confidence and knowledge. The business’s artificial intelligence (AI) software continuously scans and analyzes millions of online information sources, browsing the web and social media before filtering and distributing the most critical information.
It takes a lot of work to find and study new drugs. Exscientia is developing a new set of procedures for drug discovery by fusing the most advanced AI technology with experimental innovation. As a full stack AI drug development firm, it emphasizes implementing AI design and producing precise data. It has substantially sped up the pre-clinical drug development stage by focusing on design and experiment to make innovative medications available to patients everywhere.
The process of sifting through and integrating billions of data points using machine learning and AI-powered technology is known as connected innovation intelligence. The connected innovation intelligence platform provided by Patsnap enables customers to quickly filter through data, extract essential insights, identify market opportunities, and make superior business decisions. The platform uses artificial intelligence algorithms and natural language processing to parse patents and intellectual property (IP) and extract and cross-reference crucial data. Even more complex papers, like patents for chemical compounds, clinical trials, and litigation records, can be analyzed by it. Some well-known companies like Tesla, Dyson, and NASA are among Patsnap’s clients.
Existing natural language systems only support rudimentary machine interactions and require massive amounts of data to learn. Constellation AI is developing an AI platform that enables people to have cross-domain, open dialogues with machines by combining natural language, psychology, and behavioral science. This technology uses super-fast memory recall to capture emotions, intents, and behavior. This comprehensive system adjusts and changes in response to user-generated context and data in real-time, creating an individualized digital model different for each person.
Large-scale biomedical data production is now comparatively simple. The current difficulty is for businesses to access and use data spread across many dispersed locations. Lifebit trains pioneers in precision medicine and experts in the therapeutic field on how to access and analyze siloed biomedical data. Researchers may now execute analyses on various remote datasets and prevent the unsafe transit of sensitive data thanks to a patented method developed by Lifebit. The business uses artificial intelligence (AI) automation to optimize future analysis on a cloud-based platform that connects biological data with prior workflows and analyses.
Streetbees gathers various user data points and transforms them into useful insights for companies, assisting them in better understanding their target market. Users send tidbits of their daily lives by message, video, or photo in exchange for a nominal fee. This media is then transformed into data analytics that can reveal trends and insights, helping companies to better understand their customers through extensive AI and machine learning evaluation. Clients can also hire streetbees to conduct in-depth customer interviews regarding products, sentiments, and behaviors.
The most challenging issues in Precision Manufacturing are being resolved by CloudNC, from cutting physics to machining strategy. The business wants to transform manufacturing into a fully automated process. By utilizing machine learning, CloudNC is creating AI software that expands the capabilities of CNC milling machines. It is developing an autonomous manufacturing technology that requires no human input and can manufacture components according to specifications.
Children experience cyberbullying and online abuse, which negatively influences their mental health and general well-being. SafeToNet creates AI software intending to shield children from online abuse. The startup for digital safety examines text and language using unique AI technology to hunt for indicators of cyberbullying and abuse. The app can provide alerts and advice to parents and kids by analyzing these behaviors in real time.
Walls usually block or reflect GPS signals indoors, preventing them from entering indoors. Navenio offers infrastructure-free indoor location solutions to enable various apps and platforms in industries like healthcare as the GPS for indoor usage. Their solution uses personal smartphones to map out where people are in the hospital, after which teams can plan work based on accessibility and location. Their indoor AI-driven, highly scalable location-based solutions alter workflows by validating a team member’s movement to provide location integration into existing platforms and apps.
Consultant Intern: Currently in her third year of B.Tech from Indian Institute of Technology(IIT), Goa. She is an ML enthusiast and has a keen interest in Data Science. She is a very good learner and tries to be well versed with the latest developments in Artificial Intelligence.