Artificial Intelligence (AI) is not just a buzzword, but a crucial part of the technology landscape. AI is changing every industry and business function, which results in increased interest in its applications, subdomains and related fields. This makes AI companies the top leaders driving the technology swift. AI helps us to optimise and automate crucial business processes, gather essential data and transform the world, one step at a time. From Google and Amazon to Apple and Microsoft, every major tech company is dedicating resources to breakthroughs in artificial intelligence. As big enterprises are busy acquiring or merging with other emerging inventions, small AI companies are also working hard to develop their own intelligent technology and services. By leveraging artificial intelligence, organizations get an innovative edge in the digital age. AI consults are also working to provide companies with expertise that can help them grow. In this digital era, AI is also a significant place for investment. AI companies are constantly developing the latest products to provide the simplest solutions. Henceforth, Analytics Insight brings you the list of top 100 AI companies that are leading the technology drive towards a better tomorrow. AEye develops advanced vision hardware, software, and algorithms that act as the eyes and visual cortex of autonomous vehicles. AEye is an artificial perception pioneer and creator of iDAR, a new form of intelligent data collection that acts as the eyes and visual cortex of autonomous vehicles. Since its demonstration of its solid state LiDAR scanner in 2013, AEye has pioneered breakthroughs in intelligent sensing. Their mission was to acquire the most information with the fewest ones and zeros. This would allow AEye to drive the automotive industry into the next realm of autonomy. Algorithmia invented the AI Layer.
The Autonomous flying drone uses the computer vision technology to hover in the air avoiding the objects to keep moving on the right path. Apart from security surveillance and Ariel view monitoring, AI drone is now used by online retail giant Amazon to deliver the products at customer's doorstep revolutionizing the transportation and delivery system by logistics and supply chain companies. Cogito and AWS SageMaker Ground Truth have partnered to accelerate your training data pipeline. We are organising a webinar to help you "Build High-Quality Training Data for Computer Vision and NLP Applications". After registering, you will receive a confirmation email containing information about joining the webinar.
The increased sophistication of artificial neural networks (ANNs) coupled with the availability of AI-powered chips have driven am unparalleled enterprise interest in computer vision (CV). This exciting new technology will find myriad applications in several industries, and according to GlobalData forecasts, it would reach a market size of $28bn by 2030. The increasing adoption of AI-powered computer vision solutions, consumer drones; and the rising Industry 4.0 adoption will drive this phenomenal change. Deep learning has bought a new change in the role of machine vision used for smart manufacturing and industrial automation. The integration of deep learning propels machine vision systems to adapt itself to manufacturing variations.
A staff member displays a DJI Phantom 3 4K drone during CES (Consumer Electronics Show) in Las Vegas, Nevada. It may come as a surprising fact that there are now 14 Chinese AI companies valued at $1 billion or more. These unicorns are worth a combined $40.5 billion, according to a report China Money Network recently released during the World Economic Forum's Summer Davos gathering in Beijing. Just to put these numbers in perspective. Google bought DeepMind for over $500 million in 2014. Chinese voice recognition giant iFlytek Co. has a market capitalization of 63 billion yuan ($9.2 billion). Chinese AI startups raised $27.7 billion via 369 VC deals in 2017, according to a recent report from Tsinghua University. So naturally, it raises questions on if there is a bubble waiting to pop in the Chinese AI space. How could these companies, with an average age of less than five years, be worth so much money?