In recent years, a range of key breakthroughs are experienced by the industries as the process of digitization spreads all over the world. The process of digitization is proceeding smoothly, although now European countries are taking into account to break up the biggest companies including Facebook. Although, this did not get a high level of attention before but the majority of the governments particularly from advanced nations are realizing the significance of AI or Artificial Intelligence technology in the present-day world, and having expertise in this particular field will provide them a huge advantage over those nations which are lagging behind. However, this is found that Europe is now lagging behind in terms of its expectations from AI technology, but some other nations including China have gained a clear picture of their objectives and in what ways AI will make them able to gain high-level dominance over others. America is considered as a highly strong and powerful country with strong military force has a benefit here in the context of R&D as the majority of the largest technology companies including Amazon, Apple, and Facebook are leading this field of R&D. Even some of the smaller nations including Israel are key players in this sector and the reason is that there are more AI-based companies in Israel as compared to France and Germany.
Insider Monkey has listed the Biggest AI companies in the World in accordance with this criteria:
“To determine the largest AI companies in the world was no easy task, as that information isn’t readily available. This is due to the fact that many of these companies are small and hence not listed on stock exchanges, and since private companies don’t have to divulge financial information, it can be hard to find out the exact size of a company. What we did was, we took a list of the 100 top companies in the world in the AI industry, and checked the revenues of those companies and ensured we were able to come up with the most accurate rankings.”
Here, we are going to share some of the biggest AI companies in 2021 in accordance with the yahoo post by Insider Monkey. The list starts with Pymetrics which is based on an interesting concept in which firms fill out an assessment conducted by Pymetrics and on the basis of it, the ideal candidate’s profile is created through AI to find the person who best matches the capabilities possessed by already existing employees. Total revenues of the company in 2019 are $18 million.
A lot of podcasts and videos are there to be transcribed and for this reason, Rev.com steps in, uniting the human assistance and AI software to offer extra earnings and working from home opportunities to those who are searching for this. Total revenues of this AI-based company in 2019 were $32 million. You can read more about the biggest AI company by heading to the yahoo post “15 Largest AI Companies in the World”.