Nick DeNittis writes and edits AI industry trends and use-cases for Emerj's editorial and client content. Nick holds an MS in Management from Troy University and has earned several professional analytics certificates, including from the Wharton School. Abbott Laboratories (NYSE symbol: ABT) is an American multinational healthcare and medical devices company based in Abbott Park, Illinois. Known for its medical device and pharmaceutical products, the company reported net sales of $43.1 billion in 2021. The company's market cap is approximately $191 billion.

Daniel Faggella is Head of Research at Emerj. Called upon by the United Nations, World Bank, INTERPOL, and leading enterprises, Daniel is a globally sought-after expert on the competitive strategy implications of AI for business and government leaders.

Daniel Faggella is Head of Research at Emerj. Called upon by the United Nations, World Bank, INTERPOL, and leading enterprises, Daniel is a globally sought-after expert on the competitive strategy implications of AI for business and government leaders. The company that would become eBay was founded as a sole proprietorship under the name AuctionWeb in September 1995 by Pierre Omidyar. The company changed its name to eBay in September 1997. Today, eBay is a global e-commerce leader in more than 190 markets throughout the world.

Daniel Faggella is Head of Research at Emerj. Called upon by the United Nations, World Bank, INTERPOL, and leading enterprises, Daniel is a globally sought-after expert on the competitive strategy implications of AI for business and government leaders. Per Alibaba's annual report, its revenue in 2021 exceeded 717 billion yuan (approximately 109 billion U.S. dollars), while its active yearly customers reached nearly 1.3 billion people. As of March 2022, Alibaba trades on the NYSE and has an approximate market cap of $225 billion. Internal and external evidence suggests that Alibaba is aggressively researching and implementing AI and machine learning solutions.

Netflix launched in 1997 as a mail-based DVD rental business. Alongside the growing US DVD market in the late 1990s and early 2000s, Netflix's business grew and the company went public in 2002. Netflix posted its first profit a year later. By 2007, Netflix introduced its streaming service, and by 2013, the company began producing original content. Today, Netflix is one of the world's largest entertainment services with over 200 million paid memberships spanning 190 countries, according to the company's 2020 Annual Report.

While AT&T does not share specific details about how the CCAT may have already resulted in changes to repair and maintenance costs or informed its short-term network and equipment uptime strategies, it does disclose that the company "has spent about $1 billion recovering from climate-related severe weather events since 2016." By implementing and expanding the CCAT, AT&T claims, the company "can better ensure the resilience of its infrastructure."

By bringing AI to the financial close process, Oracle claims that users can explore larger datasets in less time and waste fewer resources on mundane, repetitive tasks. Those time and resource savings could be used to allow employees in corporate finance teams and beyond to focus more on the strategic outputs of their jobs. Oracle hopes that bringing AI automation to up to 96% of transactions will result in much less time lost in the monthly race to move from the trial balance to the signing off of consolidated financials.

Megan serves as Publishing Operations Manager at Emerj, and is currently attending The American University in Paris, where she is pursuing degrees in global communications and international business administration. Founded in 2003 as Tesla Motors, the electric vehicle and clean energy company based in California currently has a market cap of over $700 billion – making it more valuable than the top seven automakers combined. Today, Tesla is well-known for its electric vehicles but the company also produces products for sustainable energy generation and storage such as solar panels, solar roof tiles, and more to enable "homeowners, businesses, and utilities to manage renewable energy generation, storage, and consumption". Tesla claims that its mission is "to accelerate the world's transition to sustainable energy" and in 2020, the company sold over 500,000 units of its electric cars, exceeding 1 million vehicles produced. In the same year, Tesla also had the highest sales in the plug-in and battery electric passenger car segments.

The entertainment and media (E&M) industry is a diverse sector composed of multiple segments including film, television and media streamed online. By 2021, the U.S. E&M industry is projected to reach $759 billion in revenue, increasing at a compound annual growth rate (CAGR) of 3.6 percent. Despite the anticipated growth, there are concerns about a revenue declines in more traditional market segments. As a result, industry analysts such as PwC argue that user experience must take increasing priority and AI is among leading emerging technologies poised to positively contribute to this effort. In this article we break down applications of artificial intelligence in the entertainment and media industry market to provide business leaders with an understanding of current and emerging trends that may impact their sector. We'll begin with a synopsis of the sectors we covered: In the full article below, we'll explore the AI applications of each application by section and provide representative examples.