Ai Based Voice And Image Recognition Tool

3 Ai Based Voice And Image Recognition Tool Success Stories [2024]

Pat Walls

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Updated: October 8th, 2024

Artificial Intelligence has successfully established itself as a technology that attracts development and growth. Businesses that leverage AI tends to have a competitive edge over their competitors.

Experts project that the global Artificial Intelligence market will expand at a compound annual growth rate of 38.1 annually over the next decade.

Are you ready to be part of the growing AI industry? If yes, consider creating AI-based voice and image recognition tools.
Voice and image recognition tools are critical in performing multiple machine-based visual tasks like:

Labeling the content of images with meta tags
Performing image content search
Guiding autonomous robots
Self-driving cars
Accident-avoidance systems

With the multiple application areas of voice and image recognition tools, starting a business in that line could be profitable in the long run. To create a successful tool, select the right platform, choose only the required features, and create the tools with end-users in mind.

In this list, you'll find real-world AI based voice and image recognition tool success stories and very profitable examples of starting a AI based voice and image recognition tool that makes money.

1. Fireflies.ai ($5.76M/year)

Krish and his team realized there is no way for teams to remember or even reference what was said in meetings unlike emails that you can easily check again.

They decided to use their NLP technology to transcribe meetings, make them searchable, and create notes and action items, & that’s what Fireflies.ai does today.

How much money it makes: $5.76M/year

How Krish Ramineni Built Fireflies.ai To $5.8M ARR

Fireflies.ai is an AI-powered note-taking app that simplifies and streamlines meeting notes, with plans starting at just $10 per month and an impressive $5.76 million in annual revenue.

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Read by 691 founders

2. BasedLabs.ai | AI Image & Video Creator ($120K/year)

Andrew and Michael, leveraging their extensive startup and web3 backgrounds, founded BasedLabs in December 2023 after struggling to find high-quality AI b-roll for automated content creation, quickly achieving a $10K MRR and 150,000 signups with less than $500 on marketing.

How much money it makes: $120K/year
How much did it cost to start: $500
How many people on the team: 0

How Our AI SaaS Crossed $10K MRR In Less Than 3 Months

Entrepreneurs achieve a $10,000 MRR and 150,000 user signups in just four months through SEO, free AI tools, and lean marketing spend, highlighting the power of rapid iteration, distribution, and a focus on user feedback to drive business growth.

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Read by 2,238 founders

3. Talknotes ($60K/year)

After dropshipping and freelancing fizzled out, Nico locked himself in a hotel room for two months, learned to code from scratch, and launched 17 apps in a year—selling one for $65,000. His frustration with poor transcription tools led him to create Talknotes, now generating $5,000/month.

How much money it makes: $60K/year
How much did it cost to start: $0
How many people on the team: 0

I Taught Myself To Code And Now Make $5K/Mo

Case study of how an aspiring founder learned to code in 2 months, shipped 17 apps in a year, sold one for $65,000, and built Talknotes generating ~$5,000 per month with 5,000 users, focusing on turning voice notes into structured content for content creators and entrepreneurs.

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Read by 3,690 founders