Communications intelligence agency Storyful has released its comprehensive ranking of the top companies leading AI development in 2024.
Storyful has launched the 2024 AI Index, an essential guide for Fortune 100 companies navigating the AI landscape. The Index offers an incisive assessment of who’s winning the battle for AI relevance, providing a strategic view of potential vulnerabilities and emerging opportunities.
By incorporating comprehensive reputational analysis and risk assessment, the Index provides key insights to help organisations benchmark performance, set strategic goals, and strengthen decision-making.
Here are the top ten companies transforming the AI landscape and making way for new transformations.
10: Cisco
Despite ranking tenth overall, worldwide network communications leader Cisco ranked first in positive perception of AI ethics out of all companies on the list. This strong ethical perception was largely influenced by CEO Chuck Robbins signing the Vatican’s AI ethics pledge, which commits to the ethical use of artificial intelligence according to the principles of transparency, impartiality and security.
9: Dell
Dell’s highly publicised partnership with NVIDIA to power xAI’s supercomputer, alongside a 32% jump in Dell shares due to demand for AI-boosted equipment has propelled the company to the centre of the AI movement. Looking ahead the company is fostering continuous development in AI-powered technology.
8: IBM
Widely regarded as a leader in AI advancements and workforce upskilling, technology company IBM’s continuous innovation efforts, including the creation of AI centres and collaborations with governments and institutions have fostered positive sentiment within the industry.
7: Intel
Predominantly linked with physical AI-enabling products, including chips and processors, Intel lands seventh place on this list. The company has been widely celebrated for the launch of India’s first AI teacher, which was powered by an Intel processor.
6: Tesla
Tesla’s ongoing development and promotion of its Autopilot and Full Self-Driving (FSD) technologies have been prominent, generating extensive media coverage due to the innovative nature of the technology. The company has prioritised emphasising the practical benefits of AI enhancements in its vehicles to consumers, positioning itself as a force for change in the industry.
5: Meta
Meta’s position as an AI leader is largely demonstrated by the launch of Meta AI and AI integrations across its platforms, such as AI video recommendations and personalised ad optimisation. Users have commended Meta for investing in AI chips and recruiting experts to expand Meta’s AI capabilities.
4: Alphabet
Alphabet’s continuous rollout of new AI features across Google’s platforms, including improved search algorithms and language translation capabilities, has been a major driver of positive development. Users and financial analysts have praised Google for pushing the boundaries of AI technology.
3: Microsoft
Microsoft’s multibillion-dollar investment in OpenAI captured considerable attention this year, with the tech giant prioritising advancement in AI technologies and developing consumer-facing models like ChatGPT.
2: Oracle
Leading software company Oracle has a strong reputation for innovative AI solutions. The company’s debut of its HeatWave GenAI – which enables customers to build GenAI applications without data movement, AI expertise or extra cost – this year has further amplified the positive sentiment around the company as an AI innovator.
1: NVIDIA
A pioneer in technological manufacturing, NVIDIA’s graphics processing units (GPUs) have been recognised as being fundamental to AI development, powering much of the hardware responsible for AI processing.
The company’s strategic partnerships with industry leaders such as Microsoft, Amazon and Google have notably accelerated AI adoption and influenced other major players such as HP and Disney. Overall, NVIDIA’s continuous innovation into AI hardware and its dedication to championing emerging technologies has cemented its leadership position in this field.
To stay connected to the top AI thought leaders, make sure you’re following us on LinkedIn!
Source: Storyful
