LONDON--(BUSINESS WIRE)--Quantzig, a global analytics solutions provider, has announced the completion of their latest article on the top companies in the world who are winning the race for AI. You can either fear it or embrace it, but the AI revolution is coming and you need to be prepared for it.
The AI concept is not new to the world, it is only recently that companies have started acknowledging the AI revolution and its ability to change the world and humankind. The artificial intelligence technology has exceeded the imagination of many industry experts, and has started making its way into everyday devices such as smartphones. From agriculture to medicine and beyond, ample number of industries are using artificial intelligence in innovative ways. In this blog, Quantzig has listed top companies in the world who are winning the race for AI.
According to the artificial intelligence experts at Quantzig, “Hundreds of start-ups are leaping up to join the AI revolution and several mergers and acquisitions are happening to sharpen this technology.”
View Quantzig’s comprehensive list of the top companies in the world winning the race for AI
Quantzig is a global analytics advisory firm concentrated on leveraging analytics for prudent decision making and offering solutions to clients across several industrial sectors. Listed below are the top companies in the world who are winning the race for AI.
Top companies in the world winning the race for AI
- Deepmind: Deepmind is a popular name when it comes to AI, neural networks, and machine learning. Deepmind achieved a recent landmark by beating the world champion Lee Sedol in a game of Go. As a matter of fact, the game of Go cannot be won with brute force as the game has billions and billions of possible combinations. The program AlphaGo’s success meant that there’s nothing more to prove for artificial intelligence systems. Unlike other AI systems, Deepmind’s artificial intelligence uses neural networks, which does not need any teachings and learns from its own mistakes. Such a learning allows the AI system to solve complex problems such as genetic mutation and climate change.
- IBM Watson: IBM Watson with artificial intelligence applications spanning over a broad subject-matter is a household name in the field of AI. The IBM Watson supercomputer is proficient in processing information at an enormous rate of 80 trillion floating point operations per second. This supercomputer has 15TB of RAM, which is probably 15 times more than the total storage in your personal computer. With infinite applications for Watson’s cognitive computing technology, it is being used in text mining, decision making, complex analytics, and finding cures for diseases. In 2011, IBM Watson beat two champions of TV show Jeopardy, which demands complex wordplay skill from its participants.
- Facebook: AI and machine learning depend on large amounts of data. Facebok holds a data repository of 2.2 billion monthly users and no other company holds data as much as Facebook. Facebook AI Research (FAIR) is the core of FB’s business and today it is driving its news feed algorithm that gets the user hooked onto the app. But their AI is not restricted only to content recommendation; their facial recognition technology is just remarkable. The technology can immediately recognize who is in the picture and tag them accordingly. Also, they vastly depend on their artificial intelligence technology to bring new features to their services including text understanding engines, chat-bots, explicit-content prevention, and ad recommendation.
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Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on all of Quantzig’s services and the solutions they have provided to Fortune 500 clients across all industries, please contact us.