Robotics, automation, and artificial intelligence (AI) are transforming almost every industry. In 2022, the launch of OpenAI’s Generative Pre-trained Transformer (GPT) chatbot granted public access to OpenAI’s GPT and image-generating capabilities. The chatbot gave the world a personal glimpse into the astonishing advancements in AI technology.
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Top ten companies that utilize AI
According to The Cutten Group Tokyo Japan review, companies must adapt AI-related goods and services such as machine learning, smart applications and appliances, digital assistants, and autonomous cars to succeed in their respective industries. Numerous businesses stand to gain from AI, but only a few companies specialize in automation and AI as part of their offers.
Here are the top companies that use AI technologies to watch out for:
Microsoft Corporation
Microsoft has committed $1 billion to open AI and is expected to invest an additional $10 billion, according to a report by Semaphore on January 9th. The company is well-positioned to earn $1 billion in revenue by 2024 due to the success of its open AI technologies, including Chat GPT clone Dolly.
The Cutten Group Tokyo Japan review shows that Microsoft earns 75% of OpenAI’s income until it recoups its investment, after which it will acquire a 49% interest in the company. Microsoft plans to introduce a Chat GPT-powered AI version of its Bing search engine by the end of March 2023 and use OpenAI technologies across the board.
Alphabet Inc.
Alphabet Incorporated, Google and YouTube’s parent company, has integrated AI and automation into almost every aspect of its operations, from Gmail’s spam filters to content promotion and ad pricing.
It is also the parent company of Waymo, the maker of autonomous vehicles, and DeepMind, a subsidiary of AI software that made history by launching the first fully driverless car social taxi service to operate on public roads in 2020.
Amazon
Amazon.com ranked as one of the world’s top tech companies, has integrated AI technology into virtually every aspect of its operations, including e-commerce, targeted advertising, and its cloud computing division, Amazon Web Services (AWS).
Its virtual assistant, Alexa, has already become a household name and is widely used by many Americans. Furthermore, Amazon offers AWS users a wide range of AI services, such as chatbots, advanced text analytics, and automated code reviews. Amazon recently launched Sparrow, a new robotic arm for its warehouses, which utilizes AI and computer vision to move items of various sizes before being packed.
NVIDIA Corporation
NVIDIA Corporation is a high-end chipmaker offering the 6080, a powerful graphics processing unit essential for advanced AI applications. The 6080 comes with 100 NVIDIA processors and Quantum Infiniband networking technology in the world’s largest AI supercomputer built by Meta Platforms, Inc.
International Business Machines (IBM) Corporation
IBM has been at the forefront of technological innovation for years, leveraging its AI supercomputer, Watson, to transform various industries such as academics, banking, and healthcare. Despite selling off its healthcare data and analytics assets in early 2022 due to its Watson-powered genomics and cancer efforts not meeting expectations, IBM remains committed to investing in new technologies.
The company plans to spend $20 billion in New York to develop and produce semiconductors, mainframe computers, and quantum and AI computing technology over the next ten years.
Workday
Workday, Inc. is a cloud-based applications provider specializing in human resources management. With Workday’s unique AI-based optimization engine, businesses can effectively manage hiring and staffing, labor demand, shift scheduling, prioritization, and more.
Workday’s AI-based virtual assistant, Barista, was integrated into the platform in April 2022, providing solutions to workers’ HR-related queries.
Analysts predict that Workday will continue to produce significant operating leverage at least through 2024.
AI Calendar
Palantir Technologies, Incorporated is a data analytics software provider that uses AI. In September 2022, Palantir’s software platform, AI Calendar, was ranked as the top AI software platform globally by revenue and market share by International Data Corporation (IDC).
The company operates within the US government’s intelligence and defense sectors. It recently signed a new contract worth $85.1 million with the US Army Materiel Command to deploy AI and machine learning software to enhance equipment reliability, maintenance, and supply chain optimization.
Dynatrace Incorporated
Dynatrace Incorporated provides Observability and Infrastructure Monitoring services, which help companies manage their digital environments. Dynatrace’s Davis AI engine analyzes 368 billion dependencies per second and can quickly identify issues and their probable economic impacts.
Recently, Forrester recognized Dynatrace as a market leader in AI for IT operations. According to analyst Koji Ikeda, competitors will have difficulty imitating Dynatrace’s AI-based platform.
Intuitive Surgical Incorporated
Intuitive Surgical Incorporated is a leading medical technology company specializing in developing the Da Vinci surgical system, a state-of-the-art robotic surgical platform used for minimally invasive surgeries. The system integrates advanced robotics and computerized imaging technology to provide precise and efficient surgical procedures.
Intuitive Surgical is also leveraging big data and AI to enhance the capabilities of the Da Vinci system. The company is exploring ways to improve training modalities and real-time guidance for surgeons. Intuitive Surgical aims to optimize surgical outcomes and enhance patient care by collecting and analyzing data from past surgeries.
I Rhythm
Heart arrhythmia affects many Americans yearly, leading to 130,000 fatalities and 750,000 hospital admissions. However, wearable devices like the Zio monitor by I Rhythm Technologies are available to help. I Rhythm Technologies is a market leader in this field, offering the Zio monitor, a compact and comfortable gadget that detects and treats erratic heart rhythms.
The Zio monitor uses a powerful AI system based on a sophisticated deep neural network with 34 layers trained on over 1 billion hours of curated heartbeat data and 5 million patient records. The algorithm used by I Rhythm is the only Food and Drug Administration (FDA) cleared deep-learning algorithm that can detect 13 types of arrhythmia classes.
Additionally, Zio is part of this market’s Current Procedural Terminology (CPT) code validation process.
Conclusion
In conclusion, The Cutten Group Tokyo Japan review shows that AI is becoming increasingly important in various industries and fields, and its potential for innovation and growth is immense. As we progress towards a more technologically advanced future, investing in AI research and development is crucial for staying competitive and driving progress. Businesses, governments, and individuals need to recognize the value of AI and work towards harnessing its power to benefit society as a whole.