Along with other disruptive technologies, artificial intelligence has become a key driving force for businesses and organizations around the world. Today’s top AI companies have emerged as leaders in the use of AI technology. Artificial intelligence companies use a combination of AI and other technologies such as machine learning, cloud computing, predictive analytics, deep learning, blockchain, natural language processing, and business intelligence. The past few years have seen an increasing number of artificial intelligence companies and AI startups adopt AI technology.
Some numbers to provide for the increasing demand and growth of artificial intelligence.
- Artificial intelligence has already been adopted by 37% of businesses and organizations.
- In 2021, 86% of CEOs reported artificial intelligence to be the mainstream technology in their offices.
- By adopting AI technology, artificial intelligence companies can boost their productivity by up to 40%.
- By 2025, the AI industry is expected to be worth $190 billion.
Artificial intelligence companies make use of AI technology for various purposes, such as automated customer service, predictive sales forecasting, greater speed of business, improved productivity and efficiency, etc.
These are the top artificial intelligence companies in the world who have efficiently incorporated AI technology into their workflow. When it comes to artificial intelligence, these companies are leading the way ahead.
Amazon.com, Inc.
Headquarters: Seattle, Washington, U.S.
- Amazon is not just about shopping carts, discounts, and deals.
- Amazon Web Services is an on-demand cloud computing platform offering a range of consumer and business-oriented AI-powered products.
- Amazon entered the world of artificial intelligence in 2015-16 when it launched a range of Alexa devices capable of voice recognition.
- Many organizations don’t have the capacity to manage, store, and compute the data required for key business operations.
- Since 2016, Amazon has offered its excess data storage capacity to various entities based on the “pay-as-you-go” mode.
C3.AI
Headquarters: Redwood City, California, U.S.
- C3.AI is an enterprise-level AI company offering a wide range of pre-built (customized) models that can consolidate data and generate predictions.
- The pre-built models, in combination with PaaS (Platform as a Software as a Service), empower AI companies like C3.AI to build IoT apps, enterprise apps, and analytics software.
- The AI-powered applications from C3.AI serve various industries and business verticals such as manufacturing, supply chain management, healthcare, financial services, etc.
- The software developed by C3.AI is highly flexible, secure, safe, and reliable for the customer base.
- The purpose behind companies’ adopting AI is to accelerate and optimize the digital transformation process.
Meta Platforms, Inc.
Headquarters: Menlo Park, California, U.S.
- Formerly known as Facebook Inc., it is one of the largest social media networks worldwide.
- Meta is now leveraging AI capabilities for self-teaching of newsfeed algorithms.
- The Meta team has started using AI tools to screen and identify any hate speech, fake and illegitimate news and content, along with several illegal actions that may happen on the website.
- Meta (also known popularly as Facebook) is integrating AI capabilities into various business functions to detect harmful content posted on the platform.
IBM (International Business Machines Corporation)
Headquarters: Armonk, New York, U.S.
- For several decades, IBM has been one of the oldest and most popular computing companies, known for its data storage solutions and computing technologies.
- IBM Watson is a robust cognitive computing system that is used by businesses and organizations around the world to improve their processes and operations.
- IBM Waston finds practical applications in various industrial verticals such as healthcare, finance, retail, fantasy sports, and others.
- IBM Watson is one of the most well-known examples of AI in today’s world.
- IBM is one of the leading artificial intelligence companies, and IBM has dedicated teams to cater to various requirements such as AI testing, AI hardware, conversational AI, and others.
Salesforce
Headquarters: San Francisco, California, U.S.
- Salesforce creates artificial intelligence for customer relationship management (CRM). Salesforce Einstein is a robust AI technology for CRM customization.
- Launched in 2016, Salesforce Einstein helps predict outcomes, drive insights, and automate workflows.
- With Salesforce Einstein, developers can design AI-powered apps and incorporate robust AI capabilities such as image recognition, NLP, sentiment analysis, etc. directly as a part of the Salesforce features using a single line of code.
Here are some of the other best AI companies.
- AlphaSense
- Apple Inc.
- Intel
- Nvidia
- AEye, Inc.
- Microsoft Corporation
Artificial Intelligence and machine learning are two powerful technologies that are quite popular and in-demand in today’s tech-savvy world. In the first quarter of 2022, there were 12,378 AI startups in the United States. With investments in AI increasing rapidly, the industry is expected to grow to USD 14 trillion by 2030.