The generative AI market is experiencing explosive growth, with the global market size expected to reach $66.62 billion by the end of 2024, up from $44.89 billion in 2023 - a staggering 48.4% year-over-year increase. This rapid expansion is driven by widespread adoption across industries, with 92% of Fortune 500 firms already implementing generative AI solutions.
As the market continues to evolve at a breakneck pace, several U.S.-based startups are emerging as frontrunners in the generative AI race. Here are some of the fastest-growing generative AI startups to watch in 2024:
AnthropicFounded in 2021 by former OpenAI employees, including CEO Dario Amodei, Anthropic is a major player in generative AI. The San Francisco startup focuses on developing safe and reliable AI syste
Fastest Growing Gen AI Startups to Watch in the U.S. 2024
- By Abhijeet Adhikari
- Published on
The global market size of Gen AI market is expected to reach $66.62 billion by the end of 2024, up from $44.89 billion in 2023 - a staggering 48.4% year-over-year increase.
