Artificial intelligence has taken the world by storm and will only continue to make an irreversible mark in 2024.
From improving workplace efficiencies, to transforming several key industries, the technology is fast being harnessed by plenty of businesses seeking to capitalise on its success. According to a report by Grand View Research, the global AI market size was valued at US$136.55bn in 2022 and is projected to expand at a CAGR of 37.3% from 2023 to 2030.
With this in mind, AI Magazine focuses on 10 AI brands that have transformed the sector landscape and will continue to innovate to stay ahead of the curve
10. Databricks
Databricks was founded in 2013 by the original creators of Apache Spark, Delta Lake and MLflow. As the world’s first and only lakehouse platform in the cloud, Databricks combines the best of data warehouses and data lakes to offer an open and unified platform for data and AI.
The company’s machine learning empowers teams to prepare and process data, streamlines cross-team collaboration and standardises the full ML lifecycle from experimentation to production. Its customers include Comcast, Adobe and T-Mobile
9. Google DeepMind
Google DeepMind is a team of scientists, engineers and machine learning experts working to advance AI.
The company’s long-term aim is to solve intelligence, develop more general and capable problem-solving systems, known as artificial general intelligence (AGI), which could help society find answers to some of the world’s most pressing challenges.
At the end of 2023, the company collaborated with parent company Google to release Gemini AI, which has been described as one of the most capable AI systems to date
8. Baidu
Baidu is a Chinese multinational technology company that specialises in Internet-related services, products and AI. Headquartered in Beijing, it is one of the largest AI and Internet companies in the world.
It is one of few companies worldwide that offers a full AI stack, with infrastructure consisting of AI chips, deep learning framework, core AI capabilities like natural language processors, speech recognition, computer vision and augmented reality, as well as an open AI platform to facilitate wide application and use
7. Alibaba Cloud
Across Asia, Alibaba Cloud is the leading cloud computing platform and offers its customers a sophisticated Machine Learning Platform for AI. The platform provides clients with a visual interface for ease-of-use. With this functionality, companies can drag and drop various components into a canvas to assemble their personalised AI functionality.
Alibaba’s platform also includes scores of algorithm components that can handle any number of chores, enabling customers to use pre-built solutions
6. Nvidia
Since its founding in 1993, Nvidia has been a pioneer in accelerated computing. The company’s invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined computer graphics, ignited the era of modern AI, and is fueling industrial digitalization across markets.
Today, Nvidia is the world’s engine for AI. Services from Alibaba, Amazon, Google, Meta, Microsoft, Snap, Spotify, Tencent and 40,000 other companies are built and run on Nvidia AI technologies
5. IBM
IBM was founded in 1911, making it one of the oldest and most influential players in the AI and computing industry. With a focus on enterprise solutions, cloud computing, AI and consulting, IBM has consistently pushed the boundaries of technology.
Now a leader in global hybrid cloud and AI, the company has announced plenty of new developments in the world of AI. This includes forming an AI Alliance with Meta to continue advocating for the responsible use of AI.
4. Anthropic
Anthropic established in 2021 by former members of OpenAI, primarily developing general AI systems and large language models (LLMs)
In March 2023, Anthropic introduced the AI chatbot, Claude, promoting it as "easy to converse with" and "less prone to generating harmful responses." Initially, Claude was limited to use within Slack and for business purposes, however, in July 2023, the company expanded the availability of Claude 2 to users in the USA and UK
3. OpenAI
OpenAI is an AI research and deployment company dedicated to ensuring AGI benefits all of humanity.
In June 2020, OpenAI announced GPT-3, a language model trained on trillions of words. Its release of ChatGPT, and of GPT-4 in 2023, have significantly contributed to increased interest in generative AI.
Overall, 2023 was a year of mass change and innovation for the company that invented ChatGPT. In addition to GPT-powered chatbots, the company is responsible for the DALLE model: an AI system that can create realistic images and art from a description in natural language
2. Google Cloud
Google Cloud offers a vast array of products and services, including AI, online advertising, search engine technology, cloud computing, computer software, quantum computing, ecommerce and consumer electronics. Its Vertex AI platform allows users to build, deploy, and scale ML models faster, offering fully managed ML tools for any use case.
Vertex AI brings together all of Google Cloud’s services for building ML. Users can easily train and compare models with all models stored in one central model repository
1. Microsoft
Headquartered in Redmond, Washington and led by CEO Satya Nadella, Microsoft was first founded in 1975 by Bill Gates and Paul Allen.
Fast-forward to the present day and Microsoft’s mission is to empower every person and every organisation to achieve more. The company believes technology - including AI - can and should be a force for good and that meaningful innovation contributes to a brighter world in the future and today.
The company has invested very heavily in AI, most famously announcing a multi-billion dollar investment into OpenAI at the start of 2023. The company also launched its own AI service Microsoft Copilot, which is powered by GPT-4
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