WSAI event doubled in their number of exhibiting startups in 2024, moving the startup exhibition to its own building with a dedicated pitching stage. We’ll take you through the general themes found at the startup exhibitors floor, including our favorite find at the end.
AI & Dev Consulting Services and Platforms
With over thirty startups exhibiting this year, there was a large variety across industry and countries, with innovations around AI. The strongest trend was for startup dev and AI solution consulting, with companies like Vizz Web Solutions, Folio3, Gigalabs, SeQuenX and Aciano Technologies.
Veriom assists companies through AI powered auditing to check systems across a domain of data sources to secure project success. Of the strong players in this space, the startup that caught our attention the most was AI Collaborator. They work with a variety of AI startups across domains, and help their clients develop their AI-Agility.
Observable, Ethical, Private, and Sustainable AI
The growing need for applied regulation and proper AI governance has brought opportunities to the market, with companies like Rhite and EthiAI proposing services to support your AI Act compliance checks. Kosmoy and Langwatch offer AI model observability platforms. PrivateAI delivered a brilliant presentation on their services to help companies anonymise personal information. Now in your collected data you can remain compliant with regulations on this topic.
With the conflict between sustainability and concerning energy use of large AI models, Alminify is a startup that proposes model compression using less computing power.
Creative Players At World Summit AI 2024
I was largely impressed by the variety of creative players this year. PitchAvatar helps users create their own, hyper-realistic virtual avatar that can present slide-deck content. Fehrmann MaterialsX presented their MatGPT, an AI-Driven platform for R&D in the materials science space. TwinAI offers a platform that empowers companies in their AI automation endeavors, with a quirky drag-and-drop flow-diagram style interface for setting up automation.
The service from ValidatorAI is the innovative way to capture emails from customers browsing your website. Silatus showed strong potential in its unique positioning as a genAI Research paper writer tool.
Favorite Find at World Summit AI 2024
Our favorite find from the startup exhibition this year had to be the Lithuanian startup FitSpace. The enhanced 3D and AI-powered Virtual Fitting Room solution. It feels like dressing yourself in the Sims game!
With FitSpace, you can create a custom avatar based on your body dimensions. You can then select clothing pieces from your wardrobe to fit the avatar, change sizes of the pieces and move the avatar around to get an idea of the fit.
You display a heat map of the fit, showing you where the clothing is at its tightest, when you might need to size up or down. The FitSpace solution is a hot topic for the future of online retail and clothing stores in the metaverse. I had great fun talking to the founder at the stand, and look forward to following their startup journey!
Looking for more insights from World Summit AI 2024? Check out our post-event recap article here.
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