There is no reason and no way a human mind could keep up with an AI machine by 2035.
Data reveals that the AI industry is growing rapidly and is expected to reach US$126 billion by 2025. But which are the top companies contributing to the AI world?
Which we will find out today.
In this article, I will give you an overview of the top 5 artificial intelligence companies dominating the market. Also, with this article, I open a new blog section dedicated to investing in the Artificial intelligence.
Microsoft is one of the most successful technology companies, popular for its Windows operating systems, software products and Internet Explorer web browser. The company launched its AI platform in 2002 and has played a role in AI development ever since.
Microsoft’s AI platform provides resources and services for developing AI solutions in data science, robotics, IoT, machine learning, and more.
Alphabet is the parent company of Youtube and Google and uses artificial intelligence technologies throughout its systems, from Youtube, Google and other application algorithms to messaging and content promotion filters.
Another point worth noting is that Alphabet is also the parent organization of Waymo, a self-driving technology development company.
The company launched its AI-based driverless taxi service in 2020. Not only that, Alphabet also powers DeepMind, an AI research lab as well as an artificial intelligence company that creates computer programs.
Another notable addition to the list is Amazon, the world’s largest online shopping website, with a 50% market share as of 2020. Amazon is also popular for its web services (called AWS) and offers AI solutions like chatbots, text analytics, automated code, etc., to its AWS cloud customers.
Not only that, one of Amazon’s popular products, Alexa, is based on AI technology. It offers voice interaction, voice-based alarm settings, traffic information, weather forecast and much more.
Nvidia is one of the biggest companies contributing to the world of AI. It is a multinational technology company specializing in the manufacture of chips and graphics cards for smartphones, laptops and desktop computers.
Since its inception, Nvidia has released various AI products and technologies that have helped take its graphics-oriented products to the next level. A notable achievement of Nvidia’s AI is its DGX supercomputers which are backed by advanced deep learning and accelerated analytics to deliver unparalleled performance.
Nvidia’s Titan V, the most powerful desktop GPU to date, is also backed by advanced AI infrastructure to deliver maximum graphics capability. This enables Nvidia-powered GPUs to deliver high-level graphics design and gaming experiences to users.
Grammar is one of the most popular grammar tools on the internet. The data reveals that Grammarly raised over $200 million in 2021 as annual revenue. In addition, its income is expected to increase further, year after year.
What sets Grammarly apart from other grammar-checking tools is its advanced AI features, making it closer to a human editor.
According to Grammarly, his system combines natural language processing, deep learning, machine learning and other artificial intelligence technologies to power his program. The company uses high-quality training data so that its system can learn and perform accordingly.
This makes Grammarly an important AI platform in the market. The best part is that Grammarly is constantly striving to make its tools more advanced to make them as accurate as possible.
The AI market is growing rapidly year by year. It is not uncommon to see the biggest technology companies using AI-based products and systems in their processes and services. As an investor, you should definitely consider the option of investing in this evolving industry.