15 AI Startup Business Ideas to Launch in 2023
Artificial intelligence is transforming businesses across every industry. As AI capabilities grow more powerful each year, a wave of startups with fresh AI-driven business ideas keeps emerging.
If you want to start an AI company, the possibilities are endless. You just need to find an industry pain point that AI can help solve.
Here are 15 AI startup business ideas to consider launching in 2023:
1. AI Writing Assistant
AI writing tools like ChatGPT are exploding in popularity. People use them to generate marketing copy, content outlines, code, and more. But the technology still has limitations.
An opportunity exists to build writing assistants that are:
- More domain-specific – e.g. SEO writing, legal writing
- Integrated into existing workflows – e.g. a Slack bot or Google Docs add-on
- More creative – AI struggles with tasks requiring imagination
You could productize the tech for individual users or sell it as an API to other businesses.
2. AI Recruiting Assistant
Finding and screening job candidates takes up a ton of time. AI can help automate parts of the recruiting workflow – sourcing, screening, scheduling, assessing cultural fit, etc.
Some ideas:
- Build smart job description writing software
- Create a screening tool that assesses candidates’ skills/experience
- Develop a bot that engages candidates and schedules interviews
- Analyze video interviews to evaluate qualities like energy and empathy
3. AI Customer Support Agent
Customer inquiries are increasing. But providing 24/7 human support worldwide is expensive.
AI chatbots can deliver personalized, instant, and consistent customer experiences. And they can handle common requests to reduce human workloads.
Some possibilities:
- Offer a general-purpose chatbot SaaS
- Build industry-specific bots (e.g. e-commerce, real estate)
- Create bots for different channels – web, SMS, social media
- Integrate bots with call center software to identify high-priority inquiries
4. AI-Generated Design Assets
Need a new logo? Ad creative? Product renders? AI can instantly generate unique designs and assets.
Some business ideas in this space:
- Logo generator SaaS
- Ad design tool for Facebook/Google ads
- 3D product modeler for e-commerce sites
- Unique vector image generator
- Next-gen website builder with AI design features
5. AI Marketing Copywriting
AI excels at churning out marketing copy – ads, landing pages, emails, social posts.
Rather than replace human copywriters, AI can help them write faster and test more variations.
Some possibilities:
- SEO content writing tool
- Ad copy generator
- Landing page creator with built-in copywriting
- Email or post idea generator
- Automated copy testing to find highest performing variants
6. AI Product Discovery Engine
“You might also like…” recommendations are powered by AI. You can build similar engines to improve product discoverability:
- Video/song recommendation tools for media services
- Next-best product suggestions for e-commerce
- A smart news feed that learns reader preferences
- Outfit or pairing recommendations based on styles
7. AI Price Optimization
AI can crunch pricing variables to maximize revenue. Build tools to:
- Dynamically personalize product pricing
- Offer real-time promotions/discounts
- Adjust pricing based on competitor data
- Test pricing scenarios and elasticity
- Optimize subscription plans or bundled packages
8. AI Programmatic Advertising
AI takes the guesswork out of ad buying and optimization. Some ideas:
- Remarketing and retention ad tech
- Automated bidder for Google/Facebook ads
- Ad creative generator and performance optimizer
- Cross-channel ad targeting and sequencing
- Attribution modeling to value marketing channels
9. AI Cybersecurity
AI safeguards systems against emerging cyber threats:
- Phishing email detection
- Network traffic analysis to identify anomalies
- User behavior analytics for insider threats
- Automated penetration testing
- Smart authentication systems
10. AI Image/Video Enhancement
AI can fix and enhance images/video:
- Photo colorization for old photos
- Image upscaling to increase resolution
- Slow motion video generation
- Deblurring software
- Object removal from images
- Automated thumbnail generator
11. AI Data Annotation
AI models need massive labeled datasets. You can build data annotation tools and services:
- Image annotation – labeling objects in images
- Text annotation – categorizing sentiment, topics, entities
- Data validation to find and fix errors
- Annotation workflows for model training
12. AI Customer Churn Prediction
AI can find signals that a user is likely to churn. Build churn models to:
- Identify at-risk users
- Surface churn insights – e.g. pain points
- Trigger proactive win-back campaigns
- Inform retention offers and pricing
13. AI Supply Chain Optimization
AI can aid inventory management, logistics, and forecasting:
- Demand planning and procurement optimization
- Intelligent warehouse robots
- Predictive maintenance for vehicles/equipment
- Route optimization for deliveries
14. AI Document Analysis
Text, contracts, and forms contain valuable data. AI can extract it:
- Data extraction from documents
- Contract review automation
- Form input understanding
- Parsing tables into structured data
- Automating document workflows
15. AI Legal Research
AI is automating legal work:
- M&A due diligence automation
- Contract review and risk analysis
- Litigation prediction
- Legal document search
- Automated document drafting
The Possibilities Are Endless
This is just a sample of the transformational AI business ideas you could launch this year.
Every industry has pain points waiting to be solved. Find yours and build an AI solution tailored to it.
AI empowers entrepreneurs to provide services never before possible. With the right idea, you could build a history-making company.
What will your AI startup change in the world? The potential is astonishing.