Top 15 Machine Learning Companies - Datamation

Machine learning (ML) is a sector that is both growing exponentially right along with ML's twin, artificial intelligence (AI). IDC predicts that AI and ML spending will explode in the coming years, from $8 billion in 2016 to $47 billion by 2020. While the two terms are used interchangeably, and often together, there is a difference between the two. AI is a large umbrella of automation, while machine learning is a subset of AI that involves a program or application gaining better knowledge or understanding of the task it is performing, based on data, without requiring it to be reprogrammed. Both emerging technologies have spawned new business ventures.