Top 10 Companies Investing in AI Technology for a Digital Future

Here are the best companies investing in AI to keep track of in the 2022 digital era

AI is a wide-ranging branch of computer science concerned with building smart machines capable of performing tasks that typically require human intelligence. Artificial intelligence is created through machine learning, which involves training a system with huge amounts of data. It is the simulation of human intelligence processes by machines, especially computer systems. Specific applications of Artificial Intelligence include expert systems, natural language processing, speech recognition, and machine vision. Many companies tout AI technology initiatives and machine learning. But there really are few public, pure-play AI stocks. Artificial Intelligence is also becoming an attractive investment proposition in this digital era. Here are the best companies investing in AI to keep track of in 2022.

Nvidia: Nvidia is a well-regarded company in the industry that comes down to its high-end chips that power advanced AI applications. Leading graphics chip company Nvidia has taken advantage of the Artificial Intelligence boom, with its graphics cards becoming the de facto standard in data centers around the world.

IBM: IBM has been a leader in the field of artificial intelligence since the 1950s. It has garnered a lot of attention for its AI-based applications such as Watson, a cognitive service, and artificial intelligence services. IBM's strategy with Artificial Intelligence is to apply the technology in ways that augment human intelligence, increase efficiency, or lower costs.

Amazon: AWS is a leading name in the Artificial Intelligence industry, with cloud computing as one of the feathers in its hat. Amazon might be better known for its e-commerce services but it's quickly becoming a name to be reckoned with when it comes to Artificial Intelligence.

Microsoft: Microsoft sells AI services such as bot services, machine learning, and cognitive services. Microsoft bot services are also known for their cognitive projects and ML solutions for SaaS, IaaS, and PaaS. It has seen major growth of 51% consumer base in business/IT-centric projects. Its Artificial Intelligence-based solutions have taken over the lives of people around the world.

C3.ai: C3.ai is an enterprise artificial intelligence software provider, which develops AI algorithms to help large organizations optimize and streamline operations. C3.ai may be the closest thing on the stock market to a pure-play Artificial Intelligence stock, as the ai in the company's name and its ticker might indicate.

Facebook (Meta): Meta has started to put increased focus and investment on its augmented and virtual-reality products. Meta has also doubled down on AI technology, building the Artificial Intelligence Research SuperCluster, which was hailed by the tech giant as the world's fastest AI Supercomputer.

Alphabet: Google and YouTube's parent company Alphabet is currently the world's largest AI company, focusing on a wide range of global online services. It is a leading name in the Artificial Intelligence sphere, developing a diverse range of AI services and products.

Intel: The Intel company also develops systems for cloud servers, self-driving cars, and AI technology.  Intel has invested in Artificial Intelligence hardware and software, including the Nervana processor, which is a deep learning processor.

Salesforce: Salesforce has acquired a handful of artificial intelligence startups and sharpened the features of Salesforce Einstein, their AI service. Salesforce Employees, a machine learning-based tool that makes employees efficient, is a trade-mark application that defines its equation with the future workforce.

People.ai: People.ai's goal is to streamline the life of salespeople, assisting them in putting the reams of small details into relevant CRM systems. It is also one of the upcoming companies which have earned a reputation as an employee-friendly company.