The use of Artificial Intelligence has been growing yearly significantly since it was invented. The companies adopting Artificial Intelligence have more significant growth and value. Our first recommendation of the Best AI Companies is coming from European Union. ThreatMark aims to reduce online banking frauds and it currently protecting over 25 M users. Clarifai is aiming at anyone looking to transform their unstructured image, video, and text data into structured data.

If you've ever reached out to a company via email, direct message, or a phone call, you've probably been met with some type of chatbot service. Across a range of industries, companies are leveraging chatbot offerings to enhance customer service and reduce costs. As younger generations demonstrate an increasing desire for quick and efficient 24/7 service, the opportunity for chatbots continues to grow. The chatbot market size is projected to jump from $2.6 billion in 2019 to $9.4 billion by 2024 at a compound annual growth rate (CAGR) of 29.7%. And although the chatbot market is being tapped primarily by major companies and businesses, individuals have also started looking to chatbots as a means of engaging in alternative social interactions and everyday conversations.

Customer experience chatbot developer Rulai has launched a new "low-code" chatbot development tool and raised $6.5 million to roll it out. The development team at Rulai, with offices in Beijing and Campbell, Calif., is helmed by the renowned University of California, Santa Cruz, computer science professor Yi Zhang. Professor Zhang, the company's chief technologist, and her team are launching a product that customer service managers can use to develop chatbots that will perform tasks based on customer conversations, and that can be created without a single line of code. It's an example of how software developers and artificial intelligence systems are writing themselves out of the application development process. Specifically, the Rulai tool was designed for customer service managers.