As artificial intelligence is being widely used across various sectors, several new AI companies have emerged in recent years
By allowing access to entirely new experiences, AI is transforming our lives like never before. And this is just the beginning, with a lot more advancements expected in the coming years. Making it happen are some truly exceptional AI companies and AI startups. To identify the emerging leaders in this space, here is a look at the top 10 AI companies in the world.
OpenAI – Founded in 2015, OpenAI is headquartered in San Francisco, California. With its ChatGPT chatbot platform gaining immense popularity, OpenAI is now on its way to challenge the bigger tech players. OpenAI recently signed a deal with Apple to integrate the GPT-4o model into Apple devices such as Macs, iPhones and iPads. Another crucial development is OpenAI’s own search platform, which can be a threat to tech majors like Google. As of now, ChatGPT has more than 100 million users. It also has big corporate clients such as PwC, Morgan Stanley and Moderna. Of the $34.7 funding routed to AI companies, Open AI alone has received around $11.3 billion.
Anthropic – Launched in 2020, Anthropic is headquartered in San Francisco, California. Within a short period of time, Anthropic has emerged as a strong challenger to OpenAI. Anthropic focuses on AI research and products. It has already onboarded some major clients such as Pfizer and the Dana-Farber Cancer Institute. Another promising partnership is with DeepScribe that focuses on improving doctor conversations with their patients. Anthropic’s leading product Claude 3.5 Sonnet works like magic for coding apps and processing legal documents. Total funding received by Anthropic this year is $7.7 billion.
Databricks – Founded in 2013, Databricks is headquartered in San Francisco, California. The company focuses on data and AI platforms. Annual revenues are currently at $2.4 billion, an improvement of around 60%. A key revenue contributor is Databricks SQL, which is a data warehousing product. Databricks also focuses on AI and machine learning app development and software systems for data management and streaming. Databricks has received funding worth $4 billion.
Anduril Industries – Founded in 2017, Anduril Industries is headquartered in Costa Mesa, California. The company focuses primarily on defense software and hardware. One of the key products offered by Anduril Industries is the ‘Lattice’ software. It is used for autonomous functioning of various machines such as drones, underwater vessels and surveillance cameras. The software has been hugely helpful in protecting military bases and land borders. It is among the few companies that have excelled in AI powered defense equipment. Anduril Industries has received funding worth $2.8 billion.
Figure AI – Launched in 2022, Figure AI is headquartered in Sunnyvale, California. The company focuses on autonomous humanoid robot systems. Figure AI is developing humanoid robots that can replace humans across jobs that are too risky or in places where there is shortage of manpower. The humanoid robots can be used for various other purposes such as colonizing new planets or providing home nursing care to the sick or old. With huge future potential, Figure AI has received investments from key players such as Microsoft, Nvidia, OpenAI’s startup fund and Jeff Bezos. Total funding amount received is $754 billion.
Cerebras Systems –
Insitro –
Scale AI –
Mistral AI –
Cohere –