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Artificial intelligence, or AI, is the technology of the future. So, it was just a matter of time before big companies jumped into this industry to utilize its potential. Many startups also made big bucks quickly using this branch of science called AI.
Human errors, work ethics, customer preferences, or revenue—Artificial Intelligence has it all taken care of. The artificial intelligence market is predicted to cross the $115 billion limit by 2025. Listed here are some companies that will find themselves among the top 20 AI companies in 2024. Take a look below.
It needs no introduction, as everyone has used it in the world. Google is a leader in artificial intelligence and data analytics. Google Cloud sells various AI and machine learning services to global businesses. Its major projects include the software project in TensorFlow and its own Tensor AI chip project.
Google has no wing that is not invested in AI. For example, Google Assistant, which you use every day, is a chatbot connected to your phones, TVs, etc. that can converse with you using natural language processing.
IBM was founded in 1911 and headquartered in New York. It provides AI consulting services through the implementation of a data-first strategy. It provides a unique Watson platform to help you transform your data into AI. The company provides application services, cloud services, security services, etc.
If you know Siri, you know what Apple AI is. Apple is, however, not limited to Siri. It has been noted to be the best AI innovator in recent times. The chip A12 used in all its new phones has a neural engine that runs neural network software for speech and image recognition. It enhances its camera and provides an augmented reality experience. Apple is also, like IBM, in the process of acquiring many startups in AI to work on their technologies. Its famous acquisitions include Drive.ai, Silk Labs, Asaii, and Laserlike.
Jack Ma’s Alibaba is known not just for its impeccable shopping experience but also for its enhanced and advanced AI experience. Alibaba offers its clients an extremely complex machine-learning platform for AI with a proper visual interface. You should have a look at it if you are still unaware of it.
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Microsoft is one of the biggest platforms to look for consumer-friendly AI projects. Its Azure cloud service is one of the biggest sellers of AI services like bots, machine learning, and cognitive services. Microsoft has also created Cortana, an intelligent assistant that provides all the AI experience to its users. Microsoft 365 is a brilliant service powered by AI, used in many corporate houses. It recently acquired XOXCO, a conversational AI and bot development company.
Amazon is not just a shopping service or a reading service provider but has emerged as one of the biggest users of AI in enhancing its user experience. Amazon is currently using AI for Alexa, the Amazon Go Store, and Amazon Prime. AWS provides AI services that use tools for applications and workloads for companies. It also provides quality machine learning services, providing accurate APIs.
Salesforce has recently made its mark in the AI market. It has acquired some AI startups and used them for the growth of its own AI service, Salesforce Einstein. This team provides AI services through machine learning by speeding up the tasks to be performed by employees.
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If you are a data scientist and require a platform for building and deploying machine learning models, then DataRobot is the cloud company for you. It has software so sophisticated that it can help analysts build predictive analysis with no knowledge of ML or programming.
This company is into making effective robots that are more than what was ever imagined by man, and they are using AI to do this. This company started as a robotic toy maker, but today it deals with making full-scale robots for clients such as Walmart. Their robots can do inventory management and conduct cost-saving analyses to save human time in such places.
This is a company in California. Its major function is to use AI to create humanoid robots that can be helpful in both corporations and homes. They aim to create affordable household robots by the year 2025. Fingers crossed!
This company has to be named if one is talking about AI in healthcare. Tempus specializes in providing data-driven precision medicine using an AI application strategy to fight diseases in patients. It has a massive data pool through which it conducts analysis of clinical data and provides customized medicines to its users. This optimizes their treatment.
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This company was founded by Jiajun Zhu and Dave Ferguson. It is headquartered in California. It is also an AI-based robotics company that is into autonomous delivery vehicles, which common people refer to as driverless cars. Nuro conducted 100 successful deliveries through their self-driven delivery vehicles. Their retail clients are Walmart and Kroger.
Suki uses AI to help doctors make notes on a busy day. AI is used to mold and adapt to users with repeated use, so that time can be saved and efficiency can be achieved.
Palmer Luckey founded this company and co-founded Oculus, which was taken over by Facebook for 2 billion dollars. Anduril provides vehicles, sensors, and drones to create a threat protection zone. Its most famous product is the Ghost 4 sUAS for air support.
This company is a DataRobot company now that it has been acquired by the latter. The goal of algorithms is to aid data scientists in finding perfection in their algorithms and using them.
The finance AI company is based in Houston. This company aims to help organizations across the world transform their company’s cash, treasury, and records. HighRadius provides debt reduction, capital optimization, and reduction in long-month timelines to deliver measurable business outcomes for its clients.
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The company provides end-to-end commerce protection to its clients by eliminating fraud, avoiding consumer abuse, and maximizing conversions using AI.
This is the top company using AI in the education sector. It aims to empower world education by providing out-of-the-box ways to use deep learning algorithms to replace traditional textbooks and lectures.
It is a boon for researchers conducting cross-disciplinary research to get relevant information, eliminating the rest. The Focus tool provided by Iris.ai refines and collaborates data to create a reading list that saves a lot of human effort made by its users.
Facebook is not just a social network-building website but much more than that. It uses AI tools like facial recognition, deep text, language translation, etc. FAIR is a technology used by Facebook to accelerate breakthroughs in the AI world. Facebook has recently acquired AI companies like Masquerade and Zurich Eye, Fayteq, and more.
There are more than 100 AI companies globally. Every company excels in its field. In this article, we have tried to create a collaborative list of all the major companies that are most famous, most revenue-generating, and are from different fields like education, cloud computing, healthcare, etc.
Answer: The best AI companies in the world include Google, Apple, Microsoft, Amazon, etc. There is no one best in this genre.
Answer: Seeing the boom in the field, it can be easily said that AI is the future of the market. This market is expected to cross over 160 billion dollars within the next two years.
Answer: Elon Musk, after leaving ChatGPT owner Open AI, has invested in a new venture, xAI.
Answer: Google’s AI is known as Bard, which is a chat service. Bard functions just like Chat GPT, using all the data that is available on the Google search engine.
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