Artificial Intelligence (AI) Market Leading Players Such as Alphabet (Google Inc.), Apple Inc., Baidu, IBM, IPsoft, Microsoft Corporation, MicroStrategy, Inc, NVIDIA, Qlik Technologies Inc., Verint Systems Inc (Next IT Corp)

The artificial intelligence market accounted for $4,065.0 million in 2016, and is expected to reach $169,411.8 million by 2025, growing at a CAGR of 55.6% from 2018 to 2025. In 2016, North America dominated the global market, in terms of revenue, accounting for about 49.0% share of the global market, followed by Europe.

The rise in number of innovative start-ups and advancements in technology have led to increase in investment in artificial intelligence technologies. Moreover, growth in demand for analyzing and interpreting large amounts of data is boosting the demand for artificial intelligence industry solutions. Furthermore, development of more reliable cloud computing infrastructures and improvements in dynamic artificial intelligence solutions have a strong impact on the growth potential of the AI market. However, lack of trained and experienced staff can hinder the growth of the artificial intelligence market.

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With respect to machine learning and artificial neural networks, several ASICs have become vital components in and after 2018. An example of an ASIC designed for machine learning is the tensor processing unit (TPU). Google has developed a series of ASICs for machine learning called TPUs, which are optimized sources to run open-source machine learning software, TensorFlow that is also developed by Google

Artificial intelligence (AI) has been really heating up these days. Although, the technology has been around for quite some time, but lately, it is getting attention for applications, such as data center analytics, autonomous vehicles, and augmented reality. In the future, AI will be everywhere, be it cars, camera servers, or back ends. An analogy is replacement of a horse with a motor vehicle, which resulted in big-time changes and altered the world dramatically.

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What is the current scenario of super 7 companies?

Google crowns itself as an “AI First” company. The AI technology has been in use for some time now and has its role across the entire business, such as search engines, self-driving vehicles, Google cloud, Google home, and several other new and existing products and services. Hence, Google built and took control of its own hardware TPU accelerators and software framework, TensorFlow, on which they build their products and services.

Among the other super 7 members, mainly, Amazon, Alibaba, Baidu, Facebook, Microsoft, and Tencent, it is highly possible that they build their own accelerator, but none of them exhibits the attributes as Google does. However, rest of these companies are close to Google in introducing their own chips, but each has been moving in a different direction.

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The major players, such as Alphabet (Google Inc.), Apple Inc., Baidu, IBM, IPsoft, Microsoft Corporation, MicroStrategy, Inc, NVIDIA, Qlik Technologies Inc., Verint Systems Inc (Next IT Corp), have focused on developing new products as well as these companies expanded their business by acquiring small businesses to deal with competitors.

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