The 10 most innovative companies in artificial intelligence

In 2020, renowned semiconductor maker Arm launched two new chips that are designed to bring AI beyond smartphones and tablets. The chips, called the Arm Cortex-M55 and the Ethos-U55, can power machine learning on billions more devices and sensors within the internet of things. This is part of Arm's push into what's known as "TinyML," where computationally intensive software can run entirely on small, super low-powered devices without needing access to the internet or the cloud. This kind of AI is already showing up in small wearables like the Oura ring and in smart asthma inhalers, but it has other applications in farming, biometrics, and the smart home. Now, pending regulatory approval, these capabilities will be part of the Nvidia family: In September 2020, the U.S. chipmaker agreed to acquire Arm for $40 billion.