Since ChatGPT’s launch in 2022, public uptake of AI chatbots has been staggering. Over 987 million people and half of US adults reportedly use the technology.
But the first wave of AI development is now over. Gone are the days when LLM’s alone dominated the AI discussion. AI’s new wave is being driven by startups you have not heard of and is increasingly diverse, ranging from agents and infrastructure to specialist professional services tools and robotics.
Rotem Farkash on why AI startups matter
Serial startup founder and AI expert Rotem Farkash sees startups as integral to the AI boom. He explained, “The Big AI players matter. Their infrastructure, research and technology got us to where we are now.”
Farkash continued, “But, the names you recognize such as Meta, Microsoft, and OpenAI, cannot do everything. Newer and more nimble companies with fresh ideas are often where true innovation lies.”
Infrastructure powering the AI economy
As AI has boomed, companies have sprung up to develop the extensive infrastructure needed to service the next wave.
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