Ai Business

Business Idea: Start An Ai Business in 2024

Updated: October 2nd, 2024

Monthly Revenue
$23K
Market Size
$58.3B
Market Size

The AI business involves creating and offering artificial intelligence solutions to solve problems or enhance processes.

To start this business, identify a specific industry or problem you want to address with AI, such as healthcare diagnostics or financial forecasting.

Next, develop a unique AI solution or product tailored to that niche, utilizing your programming skills.

Finally, building a strong online presence, networking with potential clients, and staying updated on AI trends will help in marketing and growing the business.

Startup Costs

How much does it cost to start an AI business?

  • It can cost as low as $100 to start an AI business.
  • It can cost as high as $200 to start an AI business.

Learn more about the costs of an AI business.

Examples Of Successful Ai Businesses

Successful AI business businesses and case studies

AI-powered web application, Excelformulabot.com, generates Excel formulas within seconds for a subscription fee of $6.99/month or free for five formula requests per month, resulting in $14k/month in recurring revenue since its launch in September 2022, accruing millions of visitors through word of mouth, influencer marketing, SEO, and PPC, implemented through no-code web application Bubble.io, while preparing to penetrate a B2B market and focus on B2B outreach in the future.

$23K Monthly Revenue
$196 Startup Costs
Read by 22,180 founders

See full list of successful AI businesses.