AI Startups That Surpassed ‘Startup’ Status with Multi-Billion Dollar Valuations in 2024

By Abhijeet Adhikari
Published on August 29, 2024

AI Startups

Here are five standout companies that have outgrown their startup roots to become powerhouses in the AI industry.

Amid the fast-paced world of artificial intelligence, a handful of startups have made the impressive leap from promising newcomers to industry giants, hitting major milestones in 2024. These companies didn’t just ride the AI wave—they shaped it, using cutting-edge technology and smart strategies to achieve multi-billion dollar valuations. Whether it's redefining cybersecurity, revolutionizing manufacturing, or advancing defense, these AI trailblazers are leading the charge into the future. Here are five standout companies that have outgrown their startup roots to become powerhouses in the AI industry. Shield AIFounded: 2015 Co-Founder & CEO: Ryan TsengFinal Valuation: $2.8 billion Shield AI revolutionized military technology with its AI-powered autonomous syste

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Abhijeet Adhikari

Abhijeet Adhikari is a Research Associate at AIM-Research, focusing on AI and data science related research reports. Beyond his professional role, Abhijeet is an avid reader with a particular interest in historical and mythological facts, you can reach him at abhijeet.adhikari@aimresearch.co

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