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AI 100: The Hottest AI Startups of 2024 – Who’s In, Who’s Winning, and What’s Next for Asia?

Discover the top AI startups of 2024 from CB Insights’ AI 100, featuring breakthrough innovations in AI funding, manufacturing, gaming, and smart cities. Is Asia overtaking Silicon Valley in the AI race?

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AI 100 2024 top startups

Every year, CB Insights’ AI 100 list offers a glimpse into the future of artificial intelligence—where the biggest bets are being placed, who’s leading the charge, and which emerging players are rewriting the rules.

Now in its 8th edition, the AI 100 for 2024 isn’t just about big money and big names. It’s a blueprint for the next decade of AI, touching on everything from humanoid robotics and AI-powered factories to generative content and regional language models.

So, let’s unpack this:

  • What’s trending in AI right now?
  • Which Asian startups are breaking through?
  • Where are investors putting their money?
  • And most importantly—what does all of this mean for the future of AI in Asia?

If you’re in tech, marketing, or investment, this is a must-read breakdown of where AI is headed next.


A Global Snapshot of the Top AI 100 2024 Top Startups

🔹 16 countries represented, including the US, Canada, China, Singapore, South Korea, India, and South Africa
🔹 30+ AI categories, spanning foundation models, humanoid robots, cybersecurity, and AI-powered logistics
🔹 68% early-stage startups, focused on virtual worlds, autonomous factories, and regional AI for under-represented languages
🔹 600+ business relationships built since 2016 with giants like Toyota, Netflix, and the World Bank

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This isn’t just about Silicon Valley and Beijing anymore—AI innovation is rapidly decentralising, and Asia is playing a bigger role than ever.


💰 $28B+ raised across 240+ equity deals since 2020
💰 OpenAI takes a massive 40% share, pulling in $12B in funding
💰 25% of AI 100 companies have raised under $10M, proving that early-stage AI is still thriving​

The key takeaway? While mega-players like OpenAI dominate the funding game, there’s still plenty of action at the smaller end of the spectrum.

Some of the biggest outliers include:

  • Midjourney—$200M in ARR, without raising a single cent in outside funding
  • Hugging Face—$30M in revenue, but sitting at a $4.5B valuation (150x multiple)
  • Sakana AI—A Japan-based unicorn, with the highest valuation per employee at $67M per head

The Asian Contenders: Who’s Making Waves?

While the AI conversation often revolves around the US and China, this year’s AI 100 proves that Asia is stepping up in major ways.

🏆 31 non-US companies made the list, with significant representation from Singapore, Japan, India, and China.
🏆 19% of the AI 100 winners are based in Europe, but Asia’s presence is growing rapidly.

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Let’s spotlight some of Asia’s most promising AI startups that made it onto the list:

1️⃣ Sakana AI (Japan) – Nature-Inspired AI Architectures

  • Founded by one of the Google Transformers paper authors, this Tokyo-based startup is working on AI models inspired by biological evolution.
  • Recently launched three Japanese-language AI models, tackling the overwhelming dominance of English-language AI​.

2️⃣ Ideogram (Canada, but Asia-Focused) – AI That Writes Legible Text in Images

  • If you’ve ever used AI image generators, you’ll know they struggle with text. Ideogram is fixing this.
  • The startup is already working with Asian e-commerce and advertising companies to develop AI-generated marketing creatives with readable text​.

3️⃣ Lelapa AI (South Africa, but Relevant to Asia) – AI for Under-represented Languages

  • While focused on sub-Saharan African languages, Lelapa AI’s work has huge implications for Asia, particularly for Southeast Asian and Indian languages.
  • Expect similar startups to emerge in APAC—building AI-powered solutions for non-English-speaking markets​.

4️⃣ Qraft Technologies (South Korea) – AI-Powered Asset Management

  • One of Asia’s leading fintech AI startups, Qraft develops AI-driven investment algorithms.
  • Already partnered with Goldman Sachs, Qraft’s AI-powered ETFs are outperforming traditional funds.

5️⃣ Rebellion (South Korea) – AI for Defence & Cybersecurity

  • South Korea is doubling down on AI in defence, and Rebellion is a major player.
  • Their AI systems are being deployed for threat detection, autonomous military systems, and cybersecurity.

Other Notable Asian Startups in the AI 100:

  • SenseTime (China) – A global AI giant in facial recognition and smart cities
  • Horizon Robotics (China) – Developing edge AI chips for smart cars
  • Skymind Global (Malaysia) – Pioneering AI infrastructure and deep learning applications

Asia’s Competitive Edge: Why APAC is Poised to Win the AI Race

While the US leads in AI software and Europe focuses on AI regulation, Asia is rapidly becoming the hub for AI-powered hardware and automation.

Here’s why:

1️⃣ Hardware Dominance

  • Asia manufactures the world’s AI chips. Companies like TSMC (Taiwan) and Samsung (South Korea) control a huge chunk of the semiconductor market.
  • Expect AI startups in Singapore, China, and Taiwan to double down on custom AI chips and hardware acceleration.

2️⃣ AI-Powered Smart Cities

  • Singapore and China are investing billions into AI-driven urban infrastructure.
  • AI-powered traffic control, facial recognition for security, and smart energy grids are already live in several cities.

3️⃣ AI + E-Commerce + Social Media

  • The rise of YouTube Shorts, TikTok Shop, and AI-powered livestreaming is fuelling a new wave of AI in content creation and retail.
  • Expect AI-driven influencers, automated video editing, and virtual shopping assistants to become mainstream in APAC.

The Future of AI in Asia: What’s Next?

🔮 1. AI Regulation is Coming to APAC

  • With the EU and China tightening AI laws, expect Singapore, Japan, and India to follow suit with their own AI policies.

🔮 2. The Next AI Gold Rush: AI Factories

  • AI-powered manufacturing and logistics are growing fast, and Asia is leading this charge.

🔮 3. AI for Non-English Markets Will Boom

  • Companies building regional AI for local languages (like Lelapa AI for Africa) will soon have APAC equivalents.

Final Thoughts: AI Isn’t Just Disrupting Industries—It’s Redefining Them

The AI 100 list proves that AI is no longer just about chatbots and automation. It’s reshaping everything—from how we manufacture goods to how we invest money, build cities, and interact with technology.

The real question? What’s next for Asia’s AI scene?

With AI 100 startups reshaping everything from finance to manufacturing, is the real power in AI shifting away from Silicon Valley to Asia? Or is this just hype? And don’t forget to subscribe to our newsletter to keep up to date with all the AI happenings in Asia!

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OpenAI’s New ChatGPT Image Policy: Is AI Moderation Becoming Too Lax?

ChatGPT now generates previously banned images of public figures and symbols. Is this freedom overdue or dangerously permissive?

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OpenAI moderation policy

TL;DR – What You Need to Know in 30 Seconds

  • ChatGPT can now generate images of public figures, previously disallowed.
  • Requests related to physical and racial traits are now accepted.
  • Controversial symbols are permitted in strictly educational contexts.
  • OpenAI argues for nuanced moderation rather than blanket censorship.
  • Move aligns with industry trends towards relaxed content moderation policies.

Is AI Moderation Becoming Too Lax?

ChatGPT just got a visual upgrade—generating whimsical Studio Ghibli-style images that quickly became an internet sensation. But look beyond these charming animations, and you’ll see something far more controversial: OpenAI has significantly eased its moderation policies, allowing users to generate images previously considered taboo. So, is this a timely move towards creative freedom or a risky step into a moderation minefield?

ChatGPT’s new visual prowess

OpenAI’s latest model, GPT-4o, introduces impressive image-generation capabilities directly inside ChatGPT. With advanced photo editing, sharper text rendering, and improved spatial representation, ChatGPT now rivals specialised image AI tools.

But the buzz isn’t just about cartoonish visuals; it’s about OpenAI’s major shift on sensitive content moderation.

Moving beyond blanket bans

Previously, if you asked ChatGPT to generate an image featuring public figures—say Donald Trump or Elon Musk—it would simply refuse. Similarly, requests for hateful symbols or modifications highlighting racial characteristics (like “make this person’s eyes look more Asian”) were strictly off-limits.

No longer. Joanne Jang, OpenAI’s model behaviour lead, explained the shift clearly:

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“We’re shifting from blanket refusals in sensitive areas to a more precise approach focused on preventing real-world harm. The goal is to embrace humility—recognising how much we don’t know, and positioning ourselves to adapt as we learn.”

In short, fewer instant rejections, more nuanced responses.

Exactly what’s allowed now?

With this update, ChatGPT can now depict public figures upon request, moving away from selectively policing celebrity imagery. OpenAI will allow individuals to opt-out if they don’t want AI-generated images of themselves—shifting control back to users.

Controversially, ChatGPT also now accepts previously prohibited requests related to sensitive physical traits, like ethnicity or body shape adjustments, sparking fresh debate around ethical AI usage.

Handling the hottest topics

OpenAI is cautiously permitting requests involving controversial symbols—like swastikas—but only in neutral or educational contexts, never endorsing harmful ideologies. GPT-4o also continues to enforce stringent protections, especially around images involving children, setting even tighter standards than its predecessor, DALL-E 3.

Yet, loosening moderation around sensitive imagery has inevitably reignited fierce debates over censorship, freedom of speech, and AI’s ethical responsibilities.

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A strategic shift or political move?

OpenAI maintains these changes are non-political, emphasising instead their longstanding commitment to user autonomy. But the timing is provocative, coinciding with increasing regulatory pressure and scrutiny from politicians like Republican Congressman Jim Jordan, who recently challenged tech companies about perceived biases in AI moderation.

This relaxation of restrictions echoes similar moves by other tech giants—Meta and X have also dialled back content moderation after facing similar criticisms. AI image moderation, however, poses unique risks due to its potential for widespread misinformation and cultural distortion, as Google’s recent controversy over historically inaccurate Gemini images has demonstrated.

What’s next for AI moderation?

ChatGPT’s new creative freedom has delighted users, but the wider implications remain uncertain. While memes featuring beloved animation styles flood social media, this same freedom could enable the rapid spread of less harmless imagery. OpenAI’s balancing act could quickly draw regulatory attention—particularly under the Trump administration’s more critical stance towards tech censorship.

The big question now: Where exactly do we draw the line between creative freedom and responsible moderation?

Let us know your thoughts in the comments below!

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Tencent Joins China’s AI Race with New T1 Reasoning Model Launch

Tencent launches its powerful new T1 reasoning model amid growing AI competition in China, while startup Manus gains major regulatory and media support.

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Tencent T1 reasoning model

TL;DR – What You Need to Know in 30 Seconds

  • Tencent has launched its upgraded T1 reasoning model
  • Competition heats up in China’s AI market
  • Beijing spotlights Manus
  • Manus partners with Alibaba’s Qwen AI team

The Tencent T1 Reasoning Model Has Launched

Tencent has officially launched the upgraded version of its T1 reasoning model, intensifying competition within China’s already bustling artificial intelligence sector. Announced on Friday (21 March), the T1 reasoning model promises significant enhancements over its preview edition, including faster responses and improved processing of lengthy texts.

In a WeChat announcement, Tencent highlighted T1’s strengths, noting it “keeps the content logic clear and the text neat,” while maintaining an “extremely low hallucination rate,” referring to the AI’s tendency to generate accurate, reliable outputs without inventing false information.

The Turbo S Advantage

The T1 model is built on Tencent’s own Turbo S foundational language technology, introduced last month. According to Tencent, Turbo S notably outpaces competitor DeepSeek’s R1 model when processing queries, a claim backed up by benchmarks Tencent shared in its announcement. These tests showed T1 leading in several key knowledge and reasoning categories.

Tencent’s latest launch comes amid heightened rivalry sparked largely by DeepSeek, a Chinese startup whose powerful yet affordable AI models recently stunned global tech markets. DeepSeek’s success has spurred local companies like Tencent into accelerating their own AI investments.

Beijing Spotlights Rising AI Star Manus

The race isn’t limited to tech giants. Manus, a homegrown AI startup, also received a major boost from Chinese authorities this week. On Thursday, state broadcaster CCTV featured Manus for the first time, comparing its advanced AI agent technology favourably against more traditional chatbot models.

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Manus became a sensation globally after unveiling what it claims to be the world’s first truly general-purpose AI agent, capable of independently making decisions and executing tasks with minimal prompting. This autonomy differentiates it sharply from existing chatbots such as ChatGPT and DeepSeek.

Crucially, Manus has now cleared significant regulatory hurdles. Beijing’s municipal authorities confirmed that a China-specific version of Manus’ AI assistant, Monica, is fully registered and compliant with the country’s strict generative AI guidelines, a necessary step before public release.

Further strengthening its domestic foothold, Manus recently announced a strategic partnership with Alibaba’s Qwen AI team, a collaboration likely to accelerate the rollout of Manus’ agent technology across China. Currently, Manus’ agent is accessible only via invite codes, with an eager waiting list already surpassing two million.

The Race Has Only Just Begun

With Tencent’s T1 now officially in play and Manus gaining momentum, China’s AI competition is clearly heating up, promising exciting innovations ahead. As tech giants and ambitious startups alike push boundaries, China’s AI landscape is becoming increasingly dynamic—leaving tech enthusiasts and investors eagerly watching to see who’ll take the lead next.

What do YOU think?

Could China’s AI startups like Manus soon disrupt Silicon Valley’s dominance, or will giants like Tencent keep the competition at bay?

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Learn more by tapping here to visit the Tencent website.

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Google’s Gemini AI is Coming to Your Chrome Browser — Here’s the Inside Scoop

Google is integrating Gemini AI into Chrome browser through a new experimental feature called Gemini Live in Chrome (GLIC). Here’s everything you need to know.

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Gemini AI Chrome

TL;DR – What You Need to Know in 30 Seconds

  • Google is integrating Gemini AI into its Chrome browser via an experimental feature called Gemini Live in Chrome (GLIC).
  • GLIC adds a clickable Gemini icon next to Chrome’s window controls, opening a floating AI assistant modal.
  • Currently being tested in Chrome Canary, the feature aims to streamline AI interactions without leaving the browser.

Welcoming Google’s Gemini AI to Your Chrome Browser

If there’s one thing tech giants love more than AI right now, it’s finding new ways to shove that AI into everything we use. And Google—never one to be left behind—is apparently stepping up their game by sliding their Gemini AI directly into your beloved Chrome browser. Yep, that’s the buzz on the digital street!

This latest AI adventure popped up thanks to eagle-eyed folks at Windows Latest, who spotted intriguing code snippets hidden in Google’s Chrome Canary version. Canary, if you haven’t played with it before, is Google’s playground version of Chrome. It’s the spot where they test all their wild and wonderful experimental features, and it looks like Gemini’s next up on stage.

Say Hello to GLIC: Gemini Live in Chrome

They’re calling this new integration “GLIC,” which stands for “Gemini Live in Chrome.” (Yes, tech companies never resist a snappy acronym, do they?) According to the early glimpses from Canary, GLIC isn’t quite ready for primetime yet—no shock there—but the outlines are pretty clear.

Once activated, GLIC introduces a nifty Gemini icon neatly tucked up beside your usual minimise, maximise, and close window buttons. Click it, and a floating Gemini assistant modal pops open, ready and waiting for your prompts, questions, or random curiosities.

Prefer a less conspicuous spot? Google’s thought of that too—GLIC can also nestle comfortably in your system tray, offering quick access to Gemini without cluttering your browser interface.

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Why Gemini in Chrome Actually Makes Sense

Having Gemini hanging out front and centre in Chrome feels like a smart move—especially when you’re knee-deep in tabs and need quick answers or creative inspiration on the fly. No more toggling between browser tabs or separate apps; your AI assistant is literally at your fingertips.

But let’s keep expectations realistic here—this is still Canary we’re talking about. Features here often need plenty of polish and tweaking before making it to the stable Chrome we all rely on. But the potential? Definitely exciting.

What’s Next?

For now, we’ll keep a close eye on GLIC’s developments. Will Gemini revolutionise how we interact with Chrome, or will it end up another quirky experiment? Either way, Google’s bet on AI is clearly ramping up, and we’re here for it. Don’t forget to sign up to our occasional newsletter to stay informed about this and other happenings around AI in Asia and beyond.

Stay tuned—we’ll share updates as soon as Google lifts the curtains a bit further.

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