Top-10 Countries with the Highest Number of AI Startups 2024

Artificial Intelligence (AI) is changing the world with smart technologies. Many countries are making great progress in creating AI startups. These startups are helping different industries grow, from healthcare to transportation. Here’s a look at the top 10 countries that are leading in AI startups.

Growing Impact of AI Worldwide

Artificial Intelligence (AI) is transforming industries and societies, with ChatGPT leading the generative AI wave since its launch nearly two years ago. High awareness is reported in India and the UAE (over 90%) and China and Saudi Arabia (over 80%). In 2023, AI adoption surged, with 75% of users leveraging AI services, especially in mature markets like India. The global AI market is projected to grow at a 36.6% CAGR from 2024 to 2030, boosting investment and startup growth.

Top-10 Countries with the Highest Number of AI Startups 2024

According to the Stanford’s 2024 AI Index Report, United States, with the total number of AI startups of 5,509, stands as the largest country in terms of highest number of AI startups, followed by China, United Kingdom, Israel and Canada.

Here is the list of top-10 countries with the highest number of AI startups 2024:

Country with the Highest Number of AI Startups – United States

The United States leads the world in AI innovation with 5,509 AI startups in 2024, reflecting its dominance in the global tech landscape. A strong ecosystem of venture capital, research institutions, and tech companies drives AI development. Significant private investments and collaborations between academia and industry contribute to its leadership in AI technology and applications.

Second Largest Country with the Highest Number of AI Startups – China

China ranks second with 1,446 AI startups in 2024, showcasing its rapid growth in the AI sector. The government’s support, large market, and abundant data resources foster AI research and development. China focuses on smart city initiatives, healthcare, and manufacturing, aiming to become a global AI leader by enhancing its capabilities in machine learning and robotics.

World’s Third Largest Country in terms of AI Startups – United Kingdom

The United Kingdom holds the third spot with 727 AI startups in 2024, highlighting its position as Europe’s AI hub. The country benefits from a strong academic foundation, particularly in data science and machine learning. Government policies promoting AI innovation, coupled with robust funding opportunities, enable UK-based startups to thrive in areas like finance, healthcare, and autonomous systems.