FROM STARTUPS TO TITANS: THE MOST INFLUENTIAL AI COMPANIES

Introduction:

The hype about AI has created accelerated and unprecedented growth in the recent times, and has left no field untouched whether it is health industry, tech sector or legal field and due to which tech vendors have been on a quest to heighten their AI products and services; and here we cannot forget to give a mention about Chat GPT on how it has increased it tech shares within a few month of its launch. This blog will be dealing with the most influential AI companies who offer great AI software and solution; also are sought avidly by the tech enthusiast and investors.

Here’s what you need to know about 10 most influential AI companies:

  • Microsoft Corporation

Anyone who has used windows is familiar with the contribution of Microsoft to the evolution of computers. Cortana and Bing are one of the most used and familiar AI software’s that can help you with personalized AI experiences. Recently, in 2019 Microsoft has sponsored USD 1 billion to open AI’s “Microsoft Azure” the only OpenAI cloud provider. Secondly, the most recent Microsoft AI software called “Copilot” has been introduced by Microsoft in its newly launched windows 11. The software will be an AI everyday companion that will help and enhance the features related to data collection, image search and will help to re-build Bing.

  • From Face book to Instagram: Meta Platforms

Meta is the owner of famous social media platforms like Face book and Instagram and also is a leading player in the AI and tech industry and also invests heavily on online advertising. Meta has recently introduced “Code Llama” a large language model (LLM) created with a purpose that can use text prompts to generate different types of AI codes. It can generate code and natural language about code, from both code and natural language prompts.

The company’s stock prices has increased in 2023 by 14% as tech investors have also invested heavily because of meta’s focus on AI.

  • From Roadster to Cyber Struck: Tesla

Anyone who has heard about the EV vehicles is familiar with Tesla’s “self-driven cars” and “Robo-taxi” services. The global autonomous vehicle market is expected to grow at 40% annually to reach $1.8 trillion by 2030 as per Precedence Research. Tesla can of course, maximize this opportunity for its monetary gain, increase its stock holdings and emerge as the leading FSD (Full self driving) company in coming years. In every scenario possible, Tesla is expected to be a well positioned player in the autonomous vehicle industry with at least $10 trillion of worth by the end of year. These figures show how much potential AI and machine learning software are holding in present time as well as in the coming future.

  • Evolution of GPU’s: Nvidia

If one is well known with graphic designing and 3D gaming, Nvidia is a popular AI company in the manufacturing and processing of Graphic Processing Units (GPU’s). The company was founded in late 1990’s and is headquartered at Santa Clara, California. Nvidia dominates the present time market surrounding large language model (LLM), chip market which is expected to grow over the coming years. One of the most unique feature about Nvidia is that, every time the company launches a new generation of its GPU’s or LLM’s it is always named after a scientist like Maxwell, Turing etc. some of the famous company’s software’s are GeForce, Tegra etc. In the coming market for GPU’s, Nvidia will be an advantage to derive maximum benefit by this decade.

  • Building Super Intelligent AI: Open AI

OpenAI is a research lab which operates as non-profit company and was established in 2015 by Elon Musk and other partners. OpenAI was established with an aim of producing strong or general artificial intelligence which is able to perform any intellectual task as performed by humans. OpenAI in current times has a worth of $28 billion in its company’s vicinity and is backed by some of its latest AI and machine learning advancements like the course text generating model and large language model (LLM) “ChatGPT”, after the success of ChatGPT which saw a million users in its first five initial days OpenAI has introduced “GPT-4”, one of the largest language model and one of the finest of it which has capability to process an image for text and then do analysis on it.

  • Google’s AI: Google DeepMind

Google DeepMind (now known as Alphabet) was introduced in 2014 and is a parent company of Google and Youtube. Google’s DeepMind is an example of how AI and deep learning always are at top place in the technology sector. DeepMind was a demonstration of how AI agent is capable to master the old Atari games i.e., a Japanese game called “GO”. The early model of Google’s DeepMind is based on reinforcement learning that teaches the agent to take action that will benefit in maximizing the availability of rewards. AlphaFold is a Google AI system which is capable of defining the protein’s 3D structure based on its amino acids and other stuff.

  • Revolutionizing Last-Mile Delivery: Nuro

Nuro founded in year 2016 by Jiajun Zhu and Dave Ferguson. It is an AI company based robotic company that aims at developing autonomous or driverless delivery vehicles. The company transforms local commerce through autonomous delivery. Some of the most known models deployed by Nuro are Nuro R2 and Nuro P2. The company has licensed its self-driving technology to the autonomous trucking body based in San Francisco. Nuro’s partners include; Domino’s, Kroger. Fed Ex. Etc,. The company has bagged several tech awards like “Grocery Dive awards for 2018”, “Robotics Business Review’s 2020 Awards”.

  • Innovative Design Philosophy: Apple 

Anyone who owns an Iphone, Macbook or an IPad is familiar with Apple’s ChatBot “Siri”. Apple’s most innovative Artificial Intelligence product is Siri which is available in each of its products but that is not its last innovation. New Iphone’s include includes a chip known as “A12” which has the ability to for speech and image recognition. Apple has acquired minimum of 15-20 AI startups since 2010, which help the company in enhancing their AI and machine learning technologies.

  • World’s AI Pilot: Shield AI

Founded in year 2015 by Brandon Tseng and others, the company works with an aim to produce AI powered drones, co-pilot fighter planes such as F-16 and other fighter jets and also assist in other aerospace related technology and defense. The U.S Air Force, U.S Navy and Brazil Armed Forces are supportive of Shield AI’s fighter planes and jets assisted with AI technology and also are the clients of this $2.3 billion company. One of the recent developments of company’s aerospace technology is “Hivemind” an AI pilot which is to enable swarms of drones and aircrafts to operate without GPS or communications.

  • Machine Learning Community: Hugging Face

Founded in 2016, hugging face is a French-American company founded by French entrepreneurs like Clément Delangue, Julien Chaumond, and Thomas Wolf. Hugging face is a open source community which aims at development of tools and services, resources to build and implement Machine learning models. It is also known as “Transformers Library” for its emphasis on natural language processing and community collaboration. Hugging face has almost 20,000 daily users on its website and many companies are using its databases and Machine Learning models on a daily basis.

Conclusion:

AI has become a crucial part in today’s tech industry and almost every company has engaged itself in manufacturing and producing AI and Machine Learning powered software’s and applications. The companies that were mentioned above are the most influential and engaged AI companies in recent times. Each of these, are striving hard to make each one of them stand out in the tech industry in terms of employment of AI-powered technology.