Top 10 AI Companies In The World

Artificial intelligence (AI), which is a form of artificial intelligence, allows machines to see, understand, process and respond to the inputs around them, just as humans. A few companies have made AI more advanced over the years thanks to their efforts. The 2020 McKinsey global survey on artificial intelligence (AI) shows that 50% of businesses have used AI in at least one function.

This technology can be used for everything from customer service automation to healthcare innovation and predictive sales forecasting. AI can be used for any task that requires high volumes of data processing or iterative human effort. Let’s take a look at the most prominent companies that are developing artificial intelligence by 2022. They use the technology for countless applications. These companies are among the top employers for AI professionals. These are the top AI companies.

Top AI Companies

1. Amazon

Headquarter and locations: The company’s headquarters are in Seattle, Washington. It also has offices around the globe. There are 235 offices around the world.

Overview: Amazon creates AI for voice recognition, cloud-based machine learning, and Amazon Web Services (AWS ). The company was founded in 1994 and specializes in cloud technology and eCommerce. In 2015–2016, the company ventured into AI when it launched Alexa’s voice recognition-enabled range. A contest for AI innovation is also held by Amazon with prizes of up to $500,000. Amazon reported a $386 billion annual revenue in 2020, which includes AI revenues.

Services: Amazon offers its customers the following core AI services.

• Customers can use ML to create custom solutions using AWS cloud.
• SageMaker provides a flexible and scalable framework that allows ML developers to create ML applications.
• Amazon Lex is the chatbot-friendly conversational AI tool of the company.

Cost of services: SageMaker offers a free tier in the initial few months and then charges based on capacity. Lex is $0.004 for a speech request and $0.00075 for a text request.

The best thing about it: Amazon uses AI to improve its online shopping experience and for other products. The company’s cloud infrastructure is a key component of its scale. Anyone new to AI can use Amazon SageMaker JumpStart to get started with deployment.

2. C3.ai

Headquarter and locations: C3.ai, with its headquarters in Redwood City (California), U.S., has five U.S. office locations across Chicago, Houston New York City, Redwood City, and Washington D.C. International offices are also available in eight countries.

Overview: C3.ai offers enterprise AI solutions for consolidating data, building AI models, generating predictions, and executing pre-built or custom applications. Thomas Siebel, an American entrepreneur, founded C3 back in 2009. In 2020, the company filed for an initial public offer (IPO). C3.ai reported $183.2 million in annual revenue in 2021.

Originally published on The Tech Trend