The world is divided into two when it comes to Artificial Intelligence or AI. While one side thinks that it adversely impacts the human race, the other is positive and upbeat about changing the world with this technology.
Amid this state of the debate, there are some tech giants that are ready to pump in their moolahs to explore AI and bring out its real potential for the human race and not against it. Interestingly, according to a report by CB Insights, almost 140 private companies working to advance artificial intelligence technologies have been acquired since 2011, with over 40 acquisitions taking place in 2016 alone.
Here are six such tech biggies who are betting big on AI:
We all have lived by “Intel Inside”, it is as credible as it can get. This technology giant is now investing its time and resources to AI. The giant has made one of the highest numbers of AI-company acquisitions.
Starting with Saffron Technology, a company that joins forces in cognitive computing, coupled with data analytics with deep learning. It has also acquired Intelligent Dialogue System (INDiSYS), a natural-language recognition, gesture recognition, and virtual assistant technologies company.
Itseez, a company that develops software, concentrated on Internet of Things (IoT), cameras, drones, and autonomous driving.Movidius, a computer-vision hardware for drones and cameras, system-on-a-chip (SoC) technology and deep-learning capability company. All these companies will give force to Intel’s RealSense brand.
Movidius, a computer-vision hardware for drones and cameras, system-on-a-chip (SoC) technology and deep-learning capability company. All these companies will give force to Intel’s RealSense brand.
One of the most recent acquisition was of deep-learning start-up Nervana Systems, at a reported price of $408 million. Interestingly, this company plans to reduce machine learning to a chip-size.
As we recently hear what Sundar Pichai said at an event called “Back To Campus”, while he visited his alma mater, IIT-Kharagpur. During his chat with the students, he said that Google is strongly advancing in and using deep learning algorithms and thus, will form a core part of the future of the company’s products. The recent example is Google Translate, this product uses deep learning to improve translation and it has proved to be a great development. “We are definitely at a point of inflection and we are investing heavily as a company in this (machine learning and AI),” commented Pichai.
Moreover, in 2014, the company had also acquired one of the most renowned AI company, DeepMind, to propel its plans for the technology.
At Google, the AI Google Brain has taught itself to create encryptions, too.
IBM has been one of the oldest companies going all out with AI. In 2011, the company’s supercomputer Watson was awarded at the US show Jeopardy as it surpassed a human mind. Now, the company is working towards bringing this technology forth in deciphering the meaning of photos, videos, text and speech.
We all have been witness to Facebook CEO Mark Zuckerberg’s AI-powered home. Remember Jarvis? Well, that is one side of the story, but as a business, the social media giant has helped visually impaired to enjoy pictures on Facebook’s iOS app using AI. It also has announced chatbots for the Messenger that will allow people to make transactions and even take up subscriptions.
We say it or not, own their product or not, we all are fans of Apple. This consumer electronics giant’s work in the AI field is clearly visible in its virtual assistant Siri. Interestingly, the company also acquired a Hyderabad-based AI company Tuplejump, to show its seriousness towards the technology.
The technology giant Microsoft is working on various products that promote AI. With AI research the business is seeing new developments including a recently announced project Oxford that can detect a person’s emotions. It has also come up with a project called Future Decoded. This project allows developers with the emotion detection service to assign an emotion to person according to his facial expression.
All these AI developments in various fields surely show that if tapped rightly, the technology has a potential to revolutionize the world.