AI 50 2022: North America’s Top AI Companies Shaping The Future

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Investments in AI research and applications are set to hit $500 billion by 2024, according to research firm IDC. And PwC predicts AI will contribute $15.7 trillion to the global economy by 2030.

. The open-source platform hosts the closest thing to plug-and-play machine learning models, which are used by developers to build features like search, text moderation, image segmentation powered by machine learning and other tools for their own organizations. Hugging Face is also proving an important linchpin in the major leagues, partnering on projects with Qualcomm and Amazon, among others.

The fourth year of AI 50 also heralds the fourth appearance on the list for three startups that also provide AI architecture to major companies. It’s no surprise to see Forbes Under 30 alum Alex Wang and his company Scale AI, back with a $7.3 billion valuation and a fresh deal with the Department of Defense’s Joint Artificial Intelligence Center. Automated support platform Moveworks marks its AI 50 streak with a $2.

These AI 50 “hat tricks” – the companies who’ve been on the list three years in a row – illustrate the breadth and depth of artificial intelligence and include Abnormal Security , AMP Robotics , ASAPP and Cresta , Databricks and Genesis Therapeutics . But enough about the old dogs – the 2022 AI 50 list also features some fasinating new companies. Overjet emerged from stealth in 2021 to become the first-ever dental AI product cleared by FDA. Cofounder and CEO Dr. Wardah Inam, who did her post-doctorate work in biomedical sensing in MIT’s computer science and artificial intelligence lab, got the idea for Overjet when her new dentist prescribed a treatment plan very different from those she received before.

 

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SpaceChick_1111 good news for AI

..next biggest mass bankruptcy. the mass theft of AI from how i copyrighted the very notion of such by right, just like now with digital money and with code. it actually makes you wonder if they're not simlly premeditated stages of mass money laundering. followthewhiterabbit

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