Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Technology
Merin Rebecca Thomas

AI Tools Drive Surge In Solo Business Formation As One-Person Startups Rise Across US

Nearly half of the increase in solo business applications reportedly came from industries with high levels of AI adoption, including technology, finance and professional services. (Credit: Getty Images)

The U.S.'s post-pandemic startup wave is increasingly being fueled by solo entrepreneurs, with new research showing a sharp rise in one-person business formations tied to the growing availability of generative AI and coding tools.

The trend comes as businesses continue to navigate a period marked by geopolitical conflicts, including ongoing wars in Ukraine and Iran, elevated borrowing costs and persistent economic uncertainty.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.