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AI startups are innovative organizations that offer products and services in artificial intelligence. They are experts in machine learning, data processing, natural language processing, the Internet of Things, and virtual assistants. These startups have played a role in transforming the utilization of artificial intelligence across multiple industries, offering significant cost reduction for companies by automating manual processes and addressing industry-specific problems. AI startups also foster collaboration and partnerships with tech giants to combine fresh ideas and technical expertise with large corporations’ industry knowledge, market access, and resources.