Leading Companies in the Artificial Intelligence Industry: An Examination of 2024 Trends

1. Summary

• This report examines the leading companies in the artificial intelligence (AI) industry for 2024, focusing on major players, their innovations, and sector-specific applications. Companies such as 360Learning, Augury, and Domino Data Lab are highlighted for their contributions to collaborative learning, machine health solutions, and data science platforms, respectively. The report further explores the contributions of tech giants like Google, Amazon, Microsoft, and OpenAI in advancing AI technologies and their applications across various sectors, such as marketing, adtech, defense, and responsible AI. The data presented outlines the diverse ways AI is reshaping industries and underscores the strategic importance of integrating AI solutions into business operations for improved efficiency and innovation.

2. Overview of Leading AI Companies for 2024

• 2-1. 360Learning

• 360Learning empowers Learning and Development teams to drive culture and growth through Collaborative Learning. The platform combines collaborative tools with the power of an LMS, enabling high-growth companies to unlock learning based on collective expertise instead of top-down knowledge. It is used by 1,200 organizations such as Toyota, Criteo, and Airbus. Founded in 2012, 360Learning has raised $41 million and has 180 team members across New York, Paris, and London.

• 2-2. Augury

• Augury provides manufacturers and other industrial sectors with insights into the health of machines, processes, and operations to transform how people work and what they can create. They are pioneers in Machine Health and Process Health solutions using AI trained by industry experts and the world’s largest data library to help customers eliminate production downtime, improve process efficiency, maximize yield, and reduce waste and emissions. The company operates fully remote with 326 employees.

• 2-3. Domino Data Lab

• Domino Data Lab powers model-driven businesses with its Enterprise AI platform trusted by over 20% of the Fortune 100. This platform accelerates the development and deployment of data science work, increasing collaboration and governance. Founded in 2013, Domino is backed by Coatue Management, Great Hill Partners, Highland Capital, Sequoia Capital, and other investors, and operates from San Francisco, California with 340 employees.

• 2-4. Metropolis Technologies

• Metropolis Technologies is an AI company focused on enabling transactions in the physical world with even greater ease than online. Their computer vision platform reimagines parking, enabling millions of consumers to 'drive in and drive out' seamlessly. The company aims to power 'checkout-free' experiences in various locations in the future. Metropolis operates from 3 offices with 490 employees.

• 2-5. Skillsoft

• Skillsoft is a global leader in corporate digital learning, transforming today’s workforce for tomorrow’s economy. They offer courses, videos, books, boot camps, live events, and practice labs through Percipio, their AI-driven, immersive learning platform. Skillsoft's advanced digital learning solutions cater to organizations by overcoming critical skill gaps and driving behavior change. The company has 2,900 employees across 10 offices.

• 2-6. Datadog

• Datadog is a global SaaS business (NASDAQ: DDOG) facilitating digital transformation, cloud migration, and infrastructure monitoring. Built by engineers for engineers, Datadog serves organizations of all sizes across various industries. Known for its strong commitment to professional development, diversity of thought, innovation, and work excellence, Datadog has 5,000 employees across 13 offices.

• 2-7. Warner Bros. Discovery

• Warner Bros. Discovery is a premier global media and entertainment company offering a unique portfolio of content, brands, and franchises across various platforms including television, film, sports, news, streaming, and gaming. The company is home to world-class storytellers creating products for consumers globally. Warner Bros. Discovery has 40,000 employees across 9 offices.

• 2-8. Freshworks

• Freshworks makes it fast and easy for businesses to delight their customers and employees by delivering software that is affordable, quick to implement, and designed for ease-of-use. Headquartered in San Mateo, California, Freshworks operates from 13 global locations, serving businesses worldwide with 5,500 employees.

• 2-9. Kensho Technologies

• Kensho Technologies leverages S&P Global’s world-class data with AI and machine learning to drive fact-based decision making. The company focuses on making data accessible, insightful, relevant, and transformative using their advanced technological solutions. Kensho operates from two offices with 100 employees.

• 2-10. Shield AI

• Shield AI builds the world’s best AI pilot with the Hivemind autonomy stack, the first autonomous AI pilot deployed in combat. Hivemind enables intelligent aircraft teams to perform diverse missions, from room clearance to air defense systems penetration. Shield AI operates from 3 offices with 750 employees.

• 2-11. Pfizer

• Pfizer is a leader in healthcare, integrating AI to enhance drug discovery, development, and patient outcomes. The company partners within the healthcare system to improve access to medicines and uses digital technologies to advance scientific research. Pfizer has 121,990 employees across 16 offices globally.

3. Prominent AI Companies and Their Innovations

• 3-1. Google

• Google’s experiments with artificial intelligence have yielded a breadth of products, including Gemini. Gemini is an AI content generator that can answer questions and hold conversations by pulling information from the internet. Additionally, Google provides generative AI products for organizations, giving companies and governments the tools to build AI applications and explore large language models on Google Cloud.

• 3-2. Amazon

• Amazon has advanced AI through its cloud platform Amazon Web Services (AWS). Businesses adopting AWS can build various AI applications, like chatbots, customized search tools, and image generators. AWS helps teams create, train, and apply machine learning models to automate workflows, freeing data scientists and developers to focus on more complex tasks.

• 3-3. Apple

• Apple’s AI advancements are most notably seen in personal assistant Siri, which integrates AI for voice recognition and user interaction.

• 3-4. Microsoft

• Microsoft's Copilot AI acts as a chatbot and generative AI tool, creating new text, images, or audio. Copilot is applied across Microsoft 365 apps to automate tasks in sales, customer service, security, and software development. Additionally, Microsoft Copilot Studio allows customization of Copilot, and Microsoft Azure AI Studio provides a platform for building and deploying scalable AI solutions.

• 3-5. OpenAI

• OpenAI is a nonprofit research company focused on creating artificial general intelligence (AGI) similar to human intelligence. OpenAI’s ChatGPT is an AI chatbot trained for human-like virtual interactions. With an emphasis on long-term research and transparency, OpenAI aims to advance AGI safely and responsibly. Prominent sponsors include Amazon, Microsoft, Elon Musk, and Reid Hoffman.

• 3-6. IBM

• IBM offers a suite of AI-based solutions centered around IBM Watson. IBM Watson Orchestrate automates tasks and workflows, enhancing team productivity. Furthermore, IBM Watson Code Assistant helps developers by offering coding recommendations, speeding up the process, and reducing errors.

• 3-7. NVIDIA

• NVIDIA builds graphics processing units (GPUs) and hardware for various AI-enabled devices. NVIDIA's technology supports applications including robots, self-driving vehicles, intelligent video analytics, and smart factories.

4. Sector-Specific AI Applications

• 4-1. Marketing (Klaviyo, Vorto)

• Klaviyo, a global marketing tech company located in Boston, Massachusetts, uses generative AI, machine learning, and data science tools throughout its platform. Its technology helps brands efficiently engage customers and expand their digital reach. Over 143,000 companies worldwide rely on Klaviyo’s technology for optimizing their marketing campaigns. Vorto, based in Denver, Colorado, utilizes AI to power its software, transforming supply chain operations and predicting demand, thereby reducing supply chain spending and carbon emissions for its users.

• 4-2. Supply Chain Optimization (Vorto)

• Vorto's autonomous supply chain platform, powered by AI, is capable of predicting demand and enhancing the accuracy of billing and payment processes. The company's technology has enabled businesses to cut down on supply chain spending and lower their carbon emissions.

• 4-3. Database Management (EnterpriseDB)

• EnterpriseDB, located in Bedford, Massachusetts, specializes in the PostgreSQL database system. It offers a suite of enterprise-level software products to manage AI workloads, supporting over 1,500 clients globally, including Mastercard, IKEA, SAS, and Ericsson.

• 4-4. Adtech (Publica, System1, Anthropic)

• Publica, from San Francisco, California, creates adtech solutions to optimize the connected TV user experience using AI and machine learning. System1, based in Marina del Rey, California, employs AI algorithms to target consumers across various advertising verticals effectively. Anthropic, headquartered in San Francisco, develops Claude, an AI assistant for content generation and safety research in AI system deployment.

• 4-5. Defense (Anduril)

• Anduril, located in Costa Mesa, California, builds AI-powered defense technology. Its flagship product, Lattice OS, is an autonomous sensemaking and command and control platform. The company collaborates with organizations such as the U.S. Department of Defense and the U.K. Ministry of Defence.

• 4-6. Responsible AI (PwC)

• PwC, based in New York, New York, is known for its advisory services in business strategy and technology. It has emerged as a leader in advocating responsible AI development and usage in both technological and business realms.

• 4-7. Connectivity and Media Organization (Spectrum, Clarifai)

• Spectrum, under Charter Communications, uses AI to enhance services like internet and television for small businesses and residences. Through collaborations with platforms like Waymark, it enables AI-generated television commercials. Clarifai, based in Wilmington, Delaware, offers a deep learning platform that helps organize and search media by tagging images and videos, aiding media management.

• 4-8. Identity Verification Services (Telesign)

• Telesign, a fully remote company with a global presence, provides digital identity verification services using AI and data science. It verifies over five billion telephone numbers to prevent fraud and ensure communication security for enterprise clients.

5. Conclusion

• The findings from this report emphasize the pivotal role that companies like Google, Amazon, and Microsoft play in driving AI innovation, showcasing their integration of AI across various products and services. Sector-specific applications, exemplified by Vorto in supply chain optimization and Anduril in defense technology, highlight the versatility and transformative power of AI. 360Learning's focus on collaborative learning through AI-driven systems and Augury’s advancements in machine health underscore the broad impact of AI across different domains. Despite the impressive strides, there are limitations, such as the need for ongoing research to monitor long-term effects and emerging trends in AI deployment. Future prospects look promising, with AI poised to continually evolve and further embed itself in myriad aspects of industry and daily life. The practical applicability of these findings suggests that leveraging AI can result in significant operational efficiencies and new innovation pathways across sectors.

6. Glossary

• 6-1. 360Learning [Company]

• 360Learning focuses on collaborative learning through AI-driven learning management systems, helping educators and organizations enhance their training programs.

• 6-2. Augury [Company]

• Augury specializes in AI-based machine health solutions that diagnose and predict equipment failures, ensuring operational efficiency and reliability.

• 6-3. Domino Data Lab [Company]

• Domino Data Lab provides an open data science platform that accelerates research, enabling data scientists to develop, test, and deploy predictive models efficiently.

• 6-4. Google [Company]

• Google is a global technology leader heavily invested in AI, integrating it into services like search engines, personal assistants, and self-driving cars.

• 6-5. Amazon [Company]

• Amazon leverages AI through its AWS platform, providing a broad array of machine learning services and AI-based solutions for various industries.

7. Source Documents

• Top Artificial Intelligence Companies 2024https://builtin.com/companies/type/artificial-intelligence-companies
• 76 Artificial Intelligence (AI) Companies to Know | Built Inhttps://builtin.com/artificial-intelligence/ai-companies-roundup