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7 surprising AI companies

 

Machine learning, data science, business intelligence, and other AI-related fields are hot right now. As automation eliminates human jobs, demand for AI talent grows rapidly.


Indeed says AI-related job postings have doubled in three years.

Dr. Andrew Chamberlain, Chief Economist at Glassdoor, says AI and automation will affect nearly every aspect of the workforce. These technologies are used for chatbots at Bank of America, easy-to-search images on Facebook, and automated fashion suggestions on Amazon. Machine learning and deep learning will disrupt and improve many industries and domains. Here are some great places to use AI to create game-changing technologies.

Volkswagen's self-driving car is the best.

AI algorithms will replace human drivers soon. We occasionally read about self-driving car test program crashes and incidents. In a few years, self-driving cars will be available to the public. They need AI experts to improve their self-driving cars. Big tech companies and traditional carmakers are interested in autonomous driving. Volkswagen recently increased its AI involvement. The corporation has its own AI labs, where experts work on initiatives like improving how self-driving cars see and react to situations. In 2017, Volkswagen joined with Nvidia to boost its AI efforts. In 2018, the manufacturer partnered with self-driving vehicle startup Aurora to create its fleet of self-driving cars.

Bank: JPMorgan Chase

Artificial intelligence algorithms perform best with lots of excellent data. Few fields contain as much historical and organized data as finance. AI can help financial organizations become more efficient at serving customers. Detecting and preventing fraud, algorithmic trading, and customer support are examples. In addition to the many fintech startups working on AI solutions, huge financial institutions and banks are turning into their own tech companies by buying startups and AI expertise to develop their own solutions and preserve their competitive edge in a rapidly changing market.

JPMorgan Chase, the largest bank in the US, uses technology and AI algorithms in various industries. The company appointed Manuela Veloso, former head of Carnegie Mellon's Machine Learning Department, as its first head of AI research. The company's 2018 tech spend reached $10 billion, with AI a big component of it. Co-President and COO Daniel Pinto wrote to shareholders in April that AI, robotics, machine learning, distributed ledgers, and big data will determine our future.

JPMorgan has put out numerous AI-powered services for its clients, including algorithms to help investors make better investment and trade decisions.

Philips Healthcare

From expanding healthcare access to detecting and treating diseases faster and more precisely, health institutions are using AI in medicine and healthcare. Philips is a long-standing tech firm and global pioneer in health technology. You can work on AI solutions that will transform the entire health care cycle, from helping doctors achieve better outcomes to helping consumers control their own health and adopt healthier lives.

Philips uses AI and other technologies to adapt to changing healthcare demands, a notion company calls "adaptive intelligence." The company believes AI doesn't replace healthcare experts but augments their abilities, enabling 24/7 healthcare whenever needed.

Philips' Chief Innovation and Strategy Officer, Jeroen Tas, told the Journal of mHealth, "We can utilize AI to support physicians by streaming data, analyzing data, offering useful visualisations, detecting deviations from normal, and delivering early warnings."

Philips has a long history of providing hardware and software solutions for consumers, patients, professionals, and health organizations. The company has years of AI research in medical and healthcare. Philips' AI-powered solutions include research, diagnosis and treatment, home care, and population health management.

HealthSuite Insights, Philips' platform for data scientists, allows them to access excellent health data sources and construct analytical models for diagnosis and therapy. CareSage offers predictive analytics with AI. It prevents unnecessary hospital visits. It combines health data and uses predictive analytics. The IntelliSpace Console takes real-time data from connected ICU health equipment and combines it with hospital information systems and health records to enable clinicians make fast and successful treatment decisions.

Panasonic Computer Vision

Our robots and AI algorithms need to grasp the physical world as they interact with it more. Computer vision is a subfield of AI that analyzes photos and movies to identify objects. Computer vision is key to AI-powered systems including self-driving cars, surveillance cameras, social media, healthcare, and banking. In computer vision, you get to work on intriguing projects in diverse domains.

Panasonic works with research centers and universities to create deep learning computer vision technologies. Panasonic is working on numerous computer vision technologies, such as pedestrian identification for autonomous vehicles and dam inspection through image analysis.

Palo Alto Networks cybersecurity

As firms generate more data every day, security and IT professionals struggle to safeguard networks and prevent intrusions. The average company processes over 200,000 security events every day. AI and machine learning may help security teams by swiftly sifting through data for patterns that need human analysis. This is a rapidly emerging industry, and many firms use AI to improve their security systems. One of them is Palo Alto Networks, a Silicon Valley business security company that has added AI to its software to discover and stop cyber attacks. This year, Palo Alto Networks announced Magnifier, a behavioral analytics tool that employs machine learning algorithms to study network traffic and uncover covert activities that may be disguising a data breach. The company has numerous additional initiatives and is hiring AI experts.

Affectiva Emotion-Detection

Thanks to improvements in NLP, we're now used to using voice and conversational interfaces. Siri, Alexa, Cortana, Google, other AI-powered assistants are used by millions to discover answers, set alarms, play music, read emails, shop, turn on lights and air conditioning, and lock and open doors. The next stage for AI chatbots and digital assistants is to grasp intent and context, so they can have more meaningful discussions and execute more sophisticated jobs. This is the focus of many huge IT companies and AI startups, and they're all looking for talent to help them. Affectiva is a Boston-based MIT Media Lab spin-off that builds AI that understands human emotions. In 2017, Affectiva created an AI technology that measured emotion through facial expressions. This technology is employed in multiple verticals and application cases. Now, the startup wants to expand its AI team and use human speech with its emotion-sensing tech.

DeepLearning.ai Training

AI professionals are needed worldwide. Many occupations will depend on AI experts in the near future. Many organizations hire AI professionals for teaching initiatives. Deeplearning.ai was founded by Google Brain co-founder and former Baidu chief scientist Andrew Ng. Ng's taught AI for years. Co-founded Coursera, an online training platform where he teaches machine learning. Ng's latest startup, Deeplearning.ai, will educate deep learning, the most popular discipline of AI. If money isn't your goal and you want to share your expertise, developing machine learning and deep learning courses may be a good approach to put your AI skills to use.