Tet

8 Artificial Intelligence Companies That are Riding the Wave of AI

 / August 06, 2021

Artificial intelligence is the latest trend in many industries, and the companies that are riding it are reaping the benefits. From customer service reps to medical diagnosticians, AI is becoming more and more prevalent in our lives.

AI has already changed the way we work, live, buy products, and even socialize. It’s only going to keep growing with time. So what can you do to stay ahead of the curve? Take a look at these 8 artificial intelligence companies that are leading the way for AI.

What Is AI?

Artificial intelligence (AI) is the idea of building computer systems capable of learning tasks like the human brain and optimizing outcomes without human assistance. Through neural networks and machine learning, computers can draw from deep learning to make quick decisions.

For example, one system might take in a collection of images and determine. If there are people or other objects in a room and which they are. If an event happens and the computer determines there are people in the room, it can then make decisions accordingly – like alerting human operators that a human should have been in the room instead.

For detailed information: What Is Artificial Intelligence? Is AI The Future Of Everything?

Top Artificial Intelligence Companies That is Riding the Wave of AI

With the increased demand for AI stocks, there are some companies investing time and money into researching its capabilities. Check out this list of digital giants who are leading the charge into this new era of technology:

NVIDIA Corp. (NASDAQ: NVDA)

NVIDIA_is_one_of_the_top_artificial_intelligence_companies_in_the_world

NVIDIA’s  headquartered in Santa Clara, California, United States

Artificial intelligence already powers an incredible variety of industries, from business operations to autonomous vehicles. The difference between today’s and tomorrow’s artificial intelligence? NVIDIA’s artificial intelligence supercomputer is called Volta.

Put simply, Volta can process vast amounts of data simultaneously with lightning-fast accuracy, vastly outpacing the AI tech in use today. NVIDIA holds several AI patent applications, and its AI-related revenue is rapidly growing. Its AI platform, DGX Station, combines Volta-based hardware with a massive GPU computing cluster that requires two full-time operators and can support over 100 deep-learning AI tasks at once.

Salesforce.com Inc. (NYSE: CRM)

AI and machine learning aren’t the only areas where companies like Salesforce are integrating the technology into their existing operations. In fact, the cloud-based company recently said that it would stop licensing its products – including Service Cloud, Marketing Cloud, Marketing Cloud Predictive Insights, and Commerce Cloud, to name a few – to Amazon.com, Inc. (NASDAQ: AMZN ). As of 2019, the customers of those solutions will need to rely on Salesforce’s AI-powered platform, which the company is beginning to build in tandem with Amazon’s Alexa service. In all, Salesforce is planning to dedicate more than 5,000 of its roughly 25,000 developers to the project over the next five years.

Microsoft Corp. (NASDAQ: MSFT)

Microsoft_became_one_of_the_largest_Artificial_intelligence_companies_in_the_world

Founded in 1975, Microsoft became one of the largest technology companies in the world

A personal computer powerhouse and the creator of ubiquitous Windows software, Microsoft is now applying AI to cloud computing. The result: a thriving services business that’s widely expected to fuel long-term growth. CEO Satya Nadella sees AI as a “polymath” that can “transform the productivity of every person on the planet,” and the proof is in Microsoft’s Azure cloud-computing platform, where AI is driving the company’s fastest revenue growth in a decade. The other key factor to watch here is Microsoft’s relationship with longtime rival Apple Inc. (NASDAQ: AAPL). With a cash-intensive hardware business under pressure, Apple has launched a renewed push into cloud services.

Alphabet Inc. (NASDAQ: GOOG)

Artificial intelligence is now just as important to Google’s profits as its ads are. Most of Alphabet’s revenue already originates from advertising, and a key driver of advertising growth in recent quarters has been its ability to glean valuable information from user search queries, clicks, and videos. To achieve that goal, Alphabet uses machine learning algorithms to analyze billions of pieces of data and recognize patterns. That’s a primary reason why Google now recognizes at least 1.7 trillion search results each day, according to chief executive Sundar Pichai. Alphabet also incorporated machine learning into its Google Assistant, which launched last year.

Google may not be the largest in the world, but they have an incredibly powerful artificial intelligence (AI) cloud, along with their recently launched Google Brain. It is Google’s personal assistant that can understand and follow your commands and reasoning. Google Brain can also do things like learning about things and how to do them, and it also uses language processing to understand how humans talk to each other. A company called Google is investing heavily in building out its AI infrastructure, with special emphasis on algorithms and computing power. Its Drive API makes Google Drive the largest repository of cloud-based AI. It is a free, open-source service that can integrate with thousands of third-party applications to allow users to analyze their digital data.

Fun fact: How Much Does Google Pay Their Software Engineers?

Apple Inc. (NASDAQ: AAPL)

Apple_is_more_aware_of_Artificial_intelligence_companies

Apple is more aware of their customers’ tastes and lifestyles than anyone else

Technology companies with mature businesses are more susceptible to shifting trends. Apple, one of the most mature and well-known tech stocks on Wall Street, is perhaps the most obvious example. Back in the early 2000s, the iPhone was in its infancy, so the Apple ecosystem still was one with multiple pieces. By the time Apple developed its first AI-powered product, the company had become so focused on keeping customers coming back that it couldn’t afford to alienate them. For Apple, the high-margin smartphone helped maintain demand for new generations of software and hardware, which in turn kept customers’ hardware-reliant handsets running longer. (Source: Apple) To some extent, iPhone saturation also created an inviolable moat for Apple.

Apple launched Siri, the virtual assistant on their iPhone, in 2011. Apple has since launched HomePod, their own intelligent speaker system, and Apple Watch, the personal fitness tracker, while also incorporating AI into their Photos, Safari, Maps, Apple Music, Mail, Messages, and more. 

Facebook Inc. (NASDAQ: FB)

The first of Facebook’s billion-dollar profits and multi-year growth comes from its massive, global social network. In fact, Facebook currently accounts for about a quarter of the U.S. population’s time spent online. And the social media juggernaut’s daily user base has now surpassed 2.2 billion users, making it nearly impossible to leave the social network. So how can Facebook make money from all this user time, especially with YouTube already blocking videos and Spotify launching a music service? You guessed it – by using AI. Artificial intelligence is in the midst of a renaissance of innovation. In 2017, the total investment in AI increased more than threefold to over $80 billion, according to data from CB Insights.

Baidu Inc. (NASDAQ: BIDU)

Baidu_is_the_artificial_intelligence_company_founded_in_China

Baidu committed to making content discovery on the internet easier

Baidu Inc. (NASDAQ: BIDU) is widely considered China’s largest search engine, serving more than half of its 117.4 billion monthly average users – and growing – via a Baidu app. Yet the Beijing-based search engine has staked much of its future on AI. “Search is the first touchpoint with users,” Baidu CEO Robin Li recently remarked, adding that the current trend in the industry is to personalize search results based on the user’s previous activity. “No matter if you’re old or young, we’ll be able to tailor products to your needs.” Baidu isn’t the only Chinese search engine shifting to AI. Alibaba (NYSE: BABA) also has an AI-powered voice assistant in its mobile app. The ultimate goal of all these companies, though, is to serve consumers’ growing appetite for personalization. Shopify Inc.

Cloudera Inc. (NYSE: CLDR)

Continue Reading Below Financial performance may not be AI-focused, but Cloudera is nonetheless a hot AI stock to watch. One way it’s doing that: investing in a predictive analytics platform called Movidius. The centerpiece of that platform is a tiny neuromorphic processor that can reportedly handle complex data processing, much like a human brain.

Even so, the Movidius chip doesn’t function like the human brain. Instead, Movidius takes off-the-shelf parts and fastens them together to perform highly specialized tasks like computer vision and machine learning. What’s more, the chip boasts impressive efficiency for a product so small.

The Rise Of Artificial Intelligence Companies

AI systems are getting smarter every day as they learn from interactions with humans. They’re always on because of the internet. Cloud-based AI, Notable Vendors, and Important Pioneers offer many benefits, such as being able to access your intelligence through any device at any time.

1. Top Artificial Intelligence Companies: The Leaders in the Cloud 

Amazon Web Services

Amazon_soon_become_one_of_the_top_artificial_intelligence_companies_in_the-world

Amazon Web Services (AWS) provides solutions that allow customers to build and manage scalable and cost-effective AI infrastructures

Amazon’s (NASDAQ: AMZN ) cloud computing business is by far the biggest player in the industry. Its AWS is used in countless applications, but it’s used in developing the best artificial intelligence technology for voice-controlled devices. Some of the uses of AWS are massive, including Amazon’s AWS ecosystem, Alexa, and Alexa-powered devices such as Echo and Echo Dot. Additionally, Amazon’s Alexa is the best voice-controlled device available, and it has led to many products with AI capabilities like smart TVs, smart refrigerators, and more.

More AI-based advancements are coming, but the big difference with Alexa is that it was designed from the ground up with a voice-controlled interface in mind.

Google Cloud Platform

Google has been leading the way in AI since 2011 with its deep learning neural network. Deep learning uses many layers of artificial neural networks to process large quantities of information in a more efficient manner than previous systems.

The company has also invested in developing neural networks. With neural networks having the potential to affect everything from better autonomous driving capabilities to self-driving cars. Google has also created “smart gadgets” like Google Home and its Pixel smartphone line. Facebook is now one of the leaders in AI and its work in the field of various AI projects.

IBM Cloud

IBM Artificial Intelligence (AI) Systems has successfully delivered significant business outcomes for clients and is on the verge of further AI breakthroughs with Watson, AI, cognitive computing, and blockchain. IBM is at the forefront of AI and has spent billions on research and development. This research is being applied to key areas such as mobile analytics, cognitive computing, and data analytics. IBM has earned a number of AI advancements, including the IBM Watson platform. Watson technology is the key to IBM’s new integrated cognitive computing system. IBM Watson was recently presented with the Jeopardy! Championship of 2012 title, beating world champion Ken Jennings. This helped IBM further highlight the key application of Watson technology to the corporate world.

See also: HOW THE CLOUD IS CHANGING THE ROLE OF TECHNOLOGY LEADERS

2. Top Artificial Intelligence Companies: Notable Vendors

Anduril Industries

Anduril_commits_top_technical talent_to_solve_the_most_complex_national_security_challenges

Anduril commits top technical talent to solve the most complex national security challenges

This stealth startup offers a purpose-built platform, Ambiq. Ambiq is a cognitive engine based on Amazon’s Alexa. In fact, Anduril says that Ambiq is self-learning, making it able to recognize situations, intents.

Ambiq is programmable, and customers can set it to follow a specific set of rules, known as “wake up procedures”. For example, if an order comes in with only one delivery person. It may set up the system to then only make one delivery. Anduril sees its solution as useful in industries such as retail, manufacturing, and real estate. AgilOne AgilOne’s flagship product, AI Operations Center, automates responses to IT incidents based on actual corporate data.

Sift Corp

Sift is the world’s largest personal recommendation service. It creates and offers recommendations for a wide variety of things, such as what books to read next or which songs to download. Its recommendation engine is a “deep learning” engine that’s connected to customers’ Facebook accounts. It’s recommendation engine is said to look at more than 100 signals, such as links shared on social media, photos, and friends’ tastes.

Through those recommendations, it can provide a service that’s “better than humans at offering answers to complex questions, making the right decisions for the right people at the right time.” Sift is a startup that’s made in large part possible due to the cloud.

Nauto

Nauto provides AI-based cognitive safety systems for automotive OEMs, allowing them to detect distracted driving and reduce car crashes. The company’s AI is able to track drivers’ eye movements, eye dilation, acceleration, and driving behavior. This is the reason why this technology works with both in-car and cloud-based technologies like Nvidia’s Drive PX 2. In a recent press release, Nvidia’s founder, and CTO, Jen-Hsun Huang, stated, “Nauto’s technology will enable cars to make better driving decisions in all kinds of driving conditions.” 

Companies like Nvidia are giving all kinds of cars new capabilities to better understand and protect the occupants and the environment around the vehicle. Because of that, Nauto’s technology could be the first step to this future.

3. Top Artificial Intelligence Companies: Important Pioneers

OpenAI

OpenAI_is_a_non_profit_Artificial_intelligence_company_by_Elon_Musk_and_Sam_Altman

OpenAI is a non-profit AI company by Elon Musk and Sam Altman

OpenAI’s technology platform features many of the building blocks needed to build a high-functioning AI system. Using a teaching system called the “Human Intelligence Targeting Engine (HITE)”, the team has built an AI system that is strong at learning a variety of skills and applying it to new situations.

It is a research-focused AI system, and it was built in collaboration with universities across the United States, from Stanford University to the University of California, Berkeley. According to OpenAI’s website, it is now on a mission to “solve AI safety”. The research company is looking into building safe AIs, including those that could develop consciousness or judgment. In fact, it created a fictional AI system that can understand more than 2,000 books.

Vicarious

Vicarious is a San Francisco-based AI company created by Ph.D. physicists in 2010. The company focuses on developing general artificial intelligence (AI), and one of its success stories is DARPA’s $40 million AI Challenge. Their system, Perceptual Engine, is an advanced neural network that’s been capable of recognizing images.

C23T C2Sight is a private Chinese firm that offers software solutions for data-intensive analysis, such as facial recognition, search, audio recognition, visual recognition, and object tracking. AiFi was founded in 2014 to connect companies and data, using AI to make sense of that data. The company’s product, SCIE – Software for Sensor Imaging Intelligence, includes a set of open-source cloud-based AI services. Intellihub.

Ubiquity6

This is a group of 16 researchers at UC Berkeley in partnership with Cisco, KDDI, and Uber. They work on the edge of computing to bring smart device intelligence to the internet of things (IoT). Along with connectivity, Ubiquity6 aims to make the edge intelligent by finding a way to leverage “natural language processing, computer vision, and classification methods to enable a smarter IoT”.

Ubiquity6’s Connected Edge Platform includes Cloud, Hardware, and Software to enable devices to communicate with the edge in a secure manner, derive insight from the data they collect.

It processes that information in real-time for actionable intelligence, such as improved indoor navigation and resource utilization, IoT energy management, and machine vision.

At the end of the day

Those artificial intelligence companies are having a big impact on the world. So that many companies are taking advantage of this new technology. AI can automate processes that were once performed by human beings. It can analyze data in ways that humans cannot.

It’s also making things like translations much quicker and more accurate than they’ve ever been before. And AI is also being used to provide personalized customer services. Therefore, it has the potential to save a lot of time for business owners as well as their customers.

Also published on

Share post on

TABLE OF CONTENTS

CATEGORIES

SUBSCRIBE NOW

If not form, brief us

sales@dgroup.co

Tell us on Skype

@Designveloper

Tell us about your idea

Your personal information
* THIS IS REQUIRED
What's type of your projects?
* THIS IS REQUIRED
Message
* THIS IS REQUIRED

Get in touch

Simply register below to receive our weekly newsletters with the newest blog posts