We mined the CB Insights database to map 335 startups across 50 different categories, from protein design to patent generation.
The buzz around generative AI — AI technologies that generate entirely new content, from lines of code to images to human-like speech — is only getting noisier.
New startups continue to enter the market at a swift pace, supported by advances in generative infrastructure like large language models and vector databases. Across 91 deals in 2023 so far, the space has already seen $14.1B in equity funding (including $10B to OpenAI). Even excluding the OpenAI deal, that’s a 38% increase from full-year 2022.
Startups are using the tech to create new proteins and drugs, design new products, power the next generation of search engines, develop building architectures, create experiences in virtual worlds and games, and much more.
In the market map below, we identify 335 startups developing genAI applications and infrastructure across 50 categories, including in specific industries like gaming, education, healthcare, retail, and legal.
Note: Our map includes startups only. We exclude companies that were acquired by larger corporations, as well as open-source tools by citizen developers. This market map is not exhaustive of the space.
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