10 Best Artificial Intelligence Companies in the World

Introduction

 

Artificial Intelligence is reigning the world and all tech giants are associating themselves with AI in some way or other. With artificial intelligence's growing adoption comes innovation. Entrepreneurs, experts, and business leaders are pushing the envelope and creating new and novel AI applications. 

 

The contemporary area of artificial intelligence was founded in 1956, but major progress toward establishing an artificial intelligence system and making it a technical reality took decades of effort. But, what exactly is Artificial Intelligence?

 

"Artificial intelligence," according to Business News Daily, is a wide and inclusive word that refers to any sort of computer software that performs human-like tasks such as learning, planning, and problem-solving.

 

In this article, we are going to talk about the role of artificial intelligence in the technology industry and the top companies that are adopting artificial intelligence in their business. 

 

List of AI Companies in 2022

 

1. Amazon:

 

When it comes to artificial intelligence, the retail behemoth Amazon must be mentioned. It has made investments in AI apps for consumers as well as solutions for businesses and their operations. 

 

Alexa, the company's AI language assistant, is well-known throughout the world and is integrated into its echo speaker line. Amazon also used artificial intelligence to make the company more customer-focused. 

 

They collect a lot of data about each person's shopping behavior and are so confident in how the data they collect helps them propose things to their consumers that they are now utilizing predictive analytics to forecast what they need even before they need it.

 

Another initiative by Amazon is the store concept called Amazon Go. There is no need to check out, unlike other stores. Artificial intelligence equipment in the stores records what things customers pick up and immediately charges them for those items using the Amazon Go app on their phone. 

 

Because there is no checkout, all bags are filled and checked out by the client, with cameras tracking their every step to identify and charge them for every item they put in their bag. This concept gave a huge boost to the business of Amazon in America.

 

 

2. DeepMind:

 

Another Artificial Intelligence company that needs to be mentioned in this list is a British-based company called DeepMind. 

 

With an integrative approach, our firm is devoted to speeding the industry. It combines cutting-edge research in machine learning, neurology, engineering, mathematics, simulation, and computer infrastructure. 

 

The inventors of DeepMind started working on AI technology by teaching it how to play vintage video games from the 1970s and 1980s. 

 

Deepmind was acquired by Google in 2014, and its research ranges from climate change to healthcare and finance. DeepMind launched its AlphaFold Protein Structure Database in 2021 in collaboration with The European Bioinformatics Institute (EMBL-EBI). This database increased humanity's knowledge of high-accuracy protein structures by more than a factor of two.

 

 

3. Alibaba:

 

Alibaba is the largest e-commerce platform in the world, selling more than Amazon and eBay combined. Artificial intelligence (AI) is utilized to forecast what customers would like to buy in Alibaba's everyday operations. The firm uses natural language processing to produce product descriptions for the website. 

 

Alibaba's City Brain initiative, which aims to construct smart cities, is another example of artificial intelligence in action. By tracking every car in the city, the initiative employs AI algorithms to assist in minimizing traffic congestion. 

 

Alibaba's cloud computing business, Alibaba Cloud, is also using artificial intelligence to assist farmers to monitor crops to boost productivity and save expenses.

 

 

4. Google:

 

The most obvious AI business on this list is also the largest and most significant. Google has been buying AI start-ups like there aren't going to be any more anytime soon. 

 

Mountain View has launched twelve new artificial intelligence firms in the last four years. The most significant transaction was a $400 million buy for DeepMind, the Go champion on the board game, as reported in Towards data science.

 

There's also the continuing Tensor AI chip project for machine learning on the device, as well as Google's machine learning framework TensorFlow, which is now free for everyone. 

 

Sundar Pichai, Google's CEO, has previously stated that the computer industry is "moving from a ‘mobile-first to an 'AI-first' world in the long term," which tells you all you need to know about Google's plans.

 

 

5. Alphabet:

 

Google's parent business is Alphabet. Waymo, Google's self-driving technology subsidiary, started as a Google initiative. 

 

Waymo's goal now is to introduce self-driving technology to the rest of the globe to not only transport people around but also minimize the number of accidents. Its self-driving taxis are now transporting passengers around California. 

 

Currently, the corporation is unable to charge a fare, and a human driver is still in charge of the vehicle throughout the experimental program. When Google bought DeepMind, it showed its commitment to deep learning. 

 

Not only did the AlphaGo software learn to play 49 different Atari games, but it was also the first to defeat a professional Go player. 

 

Google Duplex is another AI invention from Google. An AI voice interface can make phone calls and book appointments for the customer using natural language processing. 

 

 

6. Facebook:

 

One of the key ways Facebook employs artificial intelligence and deep learning, according to this Forbes article, is to bring structure to its unstructured data. 

 

They employ DeepText, a text recognition engine, to automatically comprehend and interpret the content and emotional feeling of the thousands of postings (in different languages) published every second by its users. 

 

The social media behemoth uses DeepFace to automatically recognize someone in a photo that is published on its site. This technology is so adept at facial recognition that it outperforms humans.

 

Artificial intelligence is also used by corporations to detect and delete photographs that are posted on their platform as revenge.

 

 

7. Microsoft:

 

Both the consumer and corporate sides of Microsoft are active in Artificial Intelligence. Cortana, Microsoft's artificial intelligence digital assistant, competes directly with Alexa, Siri, and Google Assistant.
 

Microsoft Azure Cloud service, which delivers chatbots and machine learning capabilities to some of the largest brands in the business, includes a lot of AI features. Microsoft also made five AI acquisitions in 2018.

 

(Continue reading: AI in Microsoft)

 

 

8. Apple:

 

Apple is a global technology company that sells consumer goods like iPhones and Apple Watches, as well as computer software and internet services. 

 

Apple employs artificial intelligence and machine learning in devices such as the iPhone, where the FaceID feature is enabled, and the AirPods, Apple Watch, and HomePod smart speakers, where Siri is enabled. 

 

Apple is also expanding its service offerings, utilizing AI to propose music on Apple Music, work together to find a photo in iCloud, and use Maps to go to any required destination.

 

 

9. Nvidia:

 

Nvidia is one of the oldest AI businesses, and it continues to play an essential role today. For machine learning and artificial intelligence, Nvidia's graphics processors are the be-all and end-all. 

 

Healthcare, higher education, retail, and robotics are all areas where the Delaware-based firm operates. 

 

Nvidia is focused on integrating AI at every level of the car, manufacturing, and autonomous driving using deep learning models and GPU development.

 

 

10.  Intel:

 

Intel has also invested in a lot of AI companies including Nervana and Movidius, as well as a number of smaller AI start-ups. 

 

Nervana enables businesses to create custom deep learning software, whereas Movidius was developed to deliver AI applications to low-performance devices. Intel and Microsoft are also collaborating to deliver AI acceleration for the Bing search engine.

 

Conclusion

 

Artificial Intelligence (AI) plays a critical part in every successful business, and as technology advances, more businesses are adopting AI owing to its vast variety of applications. 

 

This not only helps the firm grow but also offers it a competitive advantage. We have mentioned 10 such technological businesses that have implemented artificial intelligence in this post.