Top 25 Artificial Intelligence Companies
Artificial intelligence has exploded in the past few years with dozens of startup companies and major AI initiatives by big name firms alike. The New York Times estimates there are 45 AI startups working on chips alone, not to mention the dozens of AI software firms working on machine learning, deep learning and regular AI projects.
AI has diversified into many, many uses and takes on a variety of different forms, from self-driving automobiles to operating Amazon’s Alexa via voice command to AI-powered server configurations.
This is fueling both a massive amount of venture funding and acquisition. Almost as soon as a AI company emerges from stealth mode, it seems to be acquired. According to CB Insights, 115 of 120 AI companies that exited the market in 2017 did so by acquisition. Clearly, there is interest in artificial intelligence and its ability to improve the human experience, despite pushback from naysayers who warn of AI’s disruption.
In truth, artificial intelligence holds a plethora of possibilities – and risks. “It will have a huge economic impact but also change society, and it’s hard to make strong predictions, but clearly job markets will be affected,” said Yoshua Bengio, a professor at the University of Montreal, and head of the Montreal Institute for Learning Algorithms.
The following 25 companies are playing a role in shaping the future of artificial intelligence and its capabilities. We featured artificial intelligence companies that are particularly noteworthy as well as those that have invested significantly in artificial intelligence. These AI companies are listed alphabetically.
The leading companies in the AI sector: Please let us know of any significant artificial intelligence companies that you think we missed and leave a note in the Comments section below.
Based in California, AIBrain is an artificial intelligence company that builds AI solutions for smartphones and robotics applications. It three products: AICoRE, the AI agent, iRSP, an intelligent robot software platform, and Futurable, a future simulation AI game where every character is a fully autonomous AI. The focus of their work is to develop artificial intelligence infused with the human skill set of problem solving, learning and memory.
The online retail giant offers both consumer and business-oriented AI products and services. Amazon Echo brings artificial intelligence into the home through the intelligent voice server, Alexa. For AWS, the company has three primary services: Lex, a business version of Alexa, Polly, which turns text to speech, and Rekognition, an image recognition service.
Anki is dedicated to bringing consumer robotics into everyday life through its Cozmo and Anki Overdrive products. Cozmo is Anki’s flagship robot. Cozmo has been described as one of the most sophisticated consumer robots to date due to its emotional responses while Overdrive is a car racing game complete with track.
Apple has acquired four artificial intelligence startups within the past two years, demonstrating its big step into the artificial intelligence sphere. One of them became the bases for FaceID, a facial recognition security system. The bulk of the company’s work is around Siri, Apple’s virtual assistant, but as usual Apple is tight-lipped about plans. It recently poached Google’s AI chief, which will undoubtedly help its efforts and further the acrimony with Google.
Raising over $100 million last year, Banjo makes use of artificial intelligence to comb through social media and identify real-time events and situations that are important to its partners. The startup was developed after the Boston Marathon bombing in 2013 as a way for companies to analyze social media to make better decisions, move faster, and change the way they understand and interact with people all over the world.
CloudMinds is developing what it calls an end-to-end cloud intelligence (CI) system called Human Augmented Robotics Intelligence (HARI) platform for robots.
