AI or Artificial intelligence is a technology that allows computers to read, process, understand and respond like the human brain. Isn’t that fascinating?
The contemporary idea of Artificial intelligence first appeared in 1956. However, the exponential progress of AI over the last three decades is highly encouraging.
The cherry on top is that a large group of titans has advanced AI through their diligent work throughout these years.
AI companies are making their rigid presence in the market with the shooting growth in technology. Since there are so many AI businesses, many investors, tech professionals, and subject matter experts are intrigued. They wonder about which AI company sets the bar high for innovation, development, and cultural change.
Hence, based on their studies, let’s find out the top 10 AI companies worldwide.
Here, we are providing collective information about the Top 10 AI companies in the world to keep an eye on for years and years to come.
Headquarters and Branch:
Amazon has its headquarters in Seattle, Washington D.C., with 235 branch offices globally.
Overview:
When discussing artificial intelligence, it is imperative to address the retail giant Amazon. Founded in 1994, Amazon has expertise in cloud technology and eCommerce. So, Amazon develops artificial intelligence (AI) for cloud-based machine learning, voice recognition, and Amazon Web Services (AWS ).
Amazon uses AI to make its organization more customer-driven. They acquire a lot of insight into each customer’s buying history. They are very confident that this information will help them suggest products to their customers. So, they have started using predictive analytics to predict what those customers will need before they do.
Service:
Amazon offers the following AI services to its valuable clients:
❖ AWS cloud customers can utilize ML to develop unique solutions.
❖ The business’s conversational AI platform that is friendly to chatbots is called Amazon Lex.
Headquarters and Branch:
Headquarters is located in Cupertino, California, the United States, with 25 places worldwide.
Overview:
Evolved in 1976, Apple is a global technical enterprise. As we know, it sells iPhones, Macbooks, and Apple watches, as well as computer software and wifi services. Apple uses AI and machine learning in products like the iPhone, which has the FaceID feature turned on. Similarly, the AirPods, the Apple Watch, and the HomePod smart speakers have Siri turned on.
A revolutionary AI-powered CPU is anticipated to debut in November 2021 in Apple Car. It’s the much-hyped electric vehicle project from the iPhone manufacturer. According to sources, Apple created a particular CPU just for Apple Car. It will help in self-driving the car without a steering wheel or pedals.
Service:
❖ Siri, Apple’s AI-enabled assistant, is available on all Apple devices. It is designed to help consumers complete everyday activities swiftly.
❖ Apple’s machine learning-powered image processing algorithms, Smart HDR, and Deep Fusion Photos are available in their newest smartphones.
Headquarters and Branch:
HQ of Alibaba is located in Hangzhou, Zhejiang, China. Moreover, it has nine branch offices in global locations.
Overview:
Alibaba, a technical organization, launched in 1999, is the biggest e-commerce site in the world. Its sales exceed those of Amazon and eBay. The organization uses artificial intelligence (AI) to estimate what customers want to purchase. The business creates product descriptions on the website using natural language processing.
Another application of artificial intelligence is Alibaba’s City Brain project. It intends to create smart cities.
Service:
❖ Utilizing AI, Alibaba’s cloud computing division, prominently known as Alibaba Cloud, assists farmers. It helps in analyzing crops to enhance productivity and cut expenses.
❖ The project uses AI algorithms to help reduce traffic congestion by tracking every vehicle in the city.
Headquarters and Branch:
Googleplex, Mountainview, California.
Overview:
Alphabet is the parent business of Google, founded in 2015. This organization, with a market worth of $1 trillion, is prominently known for its cutting-edge technology and extensive use.
The holding firm Alphabet invests in artificial intelligence initiatives involving
voice search,
digital advertisements,
search engine outcomes,
self-driving cars, and other areas.
One reason Alphabet stands out is that it continually invests in new talent, cutting-edge technologies, and quantum computing technology. Each investment aims to raise AI’s potential in today’s generation and world.
Service:
❖ Thus, Alphabet utilizes AI to drastically improve its operations, respond to threats from rivals, and come up with solutions to some of the most pressing issues facing the globe, which we couldn’t have ever imagined fixing a few years ago.
Headquarters and Branch:
C3.ai has its headquarters located in Redwood City, California. Additionally, it has its branch offices opened in 8 other nations around the globe.
Overview:
It came into being in 2009 by an American entrepreneur Thomas Siebel. Since then, C3.ai is an enterprise-proving AI solution for data integration, AI model construction, prediction generation, and running pre-built or custom applications. C3.ai filed for an initial public offering (IPO) in 2020. Afterwards, in 2021, it claimed $183.2 million in yearly sales.
Service:
❖ C3 AI Ex Machina provides data scientists with a platform for creating AI.
❖ Hence, customers in domains like manufacturing, financial services, and customer management can employ a set of pre-built AI applications.
Headquarters and Branch:
Facebook’s HQ is in Menlo Park, California, U.S. Moreover, it has 85 office locations across 35 countries.
Overview:
Who in the whole wide world hasn’t heard of or used Facebook? Everyone. The name, Facebook, arose in the tech market in 2004. And, from then, there was no looking back. Because, Facebook uses deep learning and artificial intelligence to organize its unstructured data.
They use DeepText, a text recognition engine. It is to automatically understand and analyze the content and psychological aspect of the thousands of postings (in many languages) made by its users every second.
Service:
❖ With their AI service, Facebook allows corporations to find and remove photos that are put on their platform as retaliation.
Headquarters and Branch:
Mountainview, California, is the where HQ of Google. Along with that, it has 154 branch offices globally.
Overview:
Google (founded in 1998) has to be the most apparent mention in the list of Artificial Intelligence companies. The company has been purchasing AI startups so that there is no tomorrow. Google has unveiled twelve brand-new AI firms during the past four years.
According to the article “Towards data science,” the most significant deal featured a $400 million purchase of DeepMind, the Go board game world champion.
Additionally, the Tensor AI chip project and Google’s machine learning framework TensorFlow. Both of which are now open-source and free to use, are still in development.
Service:
❖ Google is being used as the best Search Engine worldwide. So, it combines overall importance and query-specific relevance to present search results using its Artificial Intelligence.
❖ For developers, Google Code provides easy access to Google APIs and open source code. Google Maps API, Google Webmaster Tools, Google Web Toolkit, Google AJAX Search API, Google Gadgets, Google Desktop SDK, Google KML, and Google Toolbar API are currently available.
Headquarters and Branch:
The main headquarters of the organization are in Armonk, New York. Along with this, it has more than 130 offices in 97 different countries.
There is no doubt that IBM is the oldest AI company on this list. In 1911, IBM had annual revenue of $73.6 Billion. Of which $1 billion came from the IBM Waston Health Divison, as reported in 2020. But. the most notable thing about IBM is its in-house Artificial Intelligence, Watson.
The fundamental motto behind creating Waston was to play against people in games like Jeopardy. But with time, every workflow incorporates Watson. For example-finance, human resources, and supply chain management, and more.
Learn about Artificial Intelligence being used in different industries.
Service:
❖ In collaboration with MIT, IBM has established Watson AI Lab for finance, healthcare, security, and research.
Headquarters and Branch:
Microsoft has its headquarters in Redmond, Washington D.C., with 177 office locations across 96 countries.
Overview:
Bill Gates and Paul Allen introduced Microsoft to the world in 1975. Moreover, the artificial intelligence assistance of Microsoft; Cortana competes with most prominent AI assistants like Siri, Alexa, and Google Assistant.
Along with it, in 2018, Microsoft purchased five AI companies.
Service:
❖ The Microsoft Azure Cloud Service provides numerous AI features used by big businesses to deliver chatbots and machine learning skills.
Headquarters and Branch:
NICE headquarters is in Ra’anana (Israel). The branch offices are in several countries.
Overview:
This Israel-based software company was founded in 1986. The NICE business develops AI technology to aid contact centers and customer service. Thus, it is a business that prioritizes customer relationship management (CRM) and data-driven operations.
Service:
❖ It facilitates the deployment of AI-driven self-service throughout the customer journey.
It is high time for you to keep an eye on the rising AI companies around the globe. These companies are torch bearers of innovation and creative problem-solving in this digital era.
We believe the list of top 10 artificial intelligence (AI) companies we’ve provided will assist you in expanding and growing your AI firm.
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