How artificial intelligence can support business startups

Abstract

This study delivers the potential of artificial intelligence as a supportive technology and a tool for business startups. Through a comprehensive review of the scientific literature, alongside the deployment of survey questionnaires and structured research interviews with the CEOs and business partners with business startups based in Finland, the researcher gathered both important primary and secondary data regarding the roles artificial intelligence can play in strengthening the endeavours of business startups. This research explores how artificial intelligence technologies can streamline the operations of business startups, enhance decision-making processes, and optimize resource allocation within startup ecosystems. Moreover, the researcher investigates the challenges and opportunities that arise from integrating artificial intelligence solutions into business ventures. The purpose of this study is to identify how artificial intelligence supports business startups to move forward by managing the challenges and obstacles business startups face when growing up in their industries.